DreamFolks IPO Listing Update: Today Listed On Stock Exchange (NSE & BSE).
DreamFolks Services Limited listed to at NSE & BSE, Give good returns to investors of this IPO, Also good performance on stock exchange and high volume trade today Tuesday 6th September 2022. This company is india’s largest airport service platform facilitator, The Company facilitated to customer lounges, restaurant, waiting rooms, hotels, Spa, meetings & baggage transfer service.
Listing Update
Issue Price: Rs 326.00 Issue at max bid price.
Listing Price: Rs 509.00
Listing Gains: Rs +183.00 (56.13%)
Listing Profit: Rs 183 Per share.
Listed On Exchange: NSE & BSE.
Listing Day Closing: Rs 462.40 After Trading Season.
Day Gains: Rs 136.40 (41.84%).
IPO details
IPO Issue Amount: Rs 562 Crore.
IPO Open Date: 24 August to 26 August 2022.
Bid Price Range: Rs 308 to 326.
Lost Size: 46 Share.
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Subscription Status
| Category | Subscription |
|---|---|
| Retail Individual Investor (RII): | 43.66 Times |
| Non-Institutional Investor (NII): | 37.66 Times |
| Qualified Institutional Buyers (QIB): | 70.53 Times |
| Total: | 56.68 Times |
Subscription status on last day of bidding 26 august 2022 5:00 PM IST.
What to do if you got shares in this IPO: Hold or Sell.
Dreafolks IPO already gives you good return on listing day profit upto Rs 183 per share. This is a good return. if your are thinking long term invest in this stock your can go for it, no problem. this company also fundamentally and technically strong and company well perform by previous financial year. Company business depend on airport service if airport service is regular run then no affected the company business but if any disaster come or lock down situation then company are affected. so my advice book some profit and watch it and price is come down then buy more shares.
About The Company
The Company was originally incorporated as ‘Believe Tradelink Private Limited’, at New Delhi as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana at Delhi (RoC) on April 24, 2008. Subsequently, pursuant to a special resolution passed by the Shareholders of our Company on May 1, 2015, our Company’s name was changed to ‘Dreamfolks Services Private Limited’, and a fresh certificate of incorporation dated June 12,2015, was issued to our Company by the RoC. Thereafter,