Closed
Dreamfolks Services Limited logo

Dreamfolks Services Limited IPO

Mainboard IPOListedDREAMFOLKSNSE
Current Market Price (CMP)
₹56.73(-82.60%)
Current Price (CMP)
₹56.73(-82.60%)

Live Market Quote

Listing Price & Gain
₹508.70(+56.04%)

Day 1 Exchange Open

IPO Issue Price
₹326

Band: ₹308 - ₹326

Total Subscription
56.68x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
24 Aug 2022
IPO Bidding Closes
26 Aug 2022
Allotment & Refunds
Completed
Exchange Listing Day
06 Sept 2022

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 56.68x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)70.53x
Non-Institutional Investors (NII / HNI)37.66x
Retail Individual Investors (RII)43.66x
Total Subscription56.68x
Updated as on 26-Aug-2022 17:00:00

Listing Day & Return Performance

Listing Day Gain+56.04%
₹326 (Issue) → ₹508.70 (List)
Per share profit: +₹182.70
Holding Return (Till Date)-82.60%
₹326 (Issue) → ₹56.73 (CMP)
Net gain per share: ₹-269.27
Post-Listing Performance (Listing Day → Today):-88.85%

About Dreamfolks Services Limited IPO

Dreamfolks Services Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 24 Aug 2022 and concluded on 26 Aug 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹308 - ₹326.

During the bidding window, Dreamfolks Services Limited witnessed heavy demand with an overall subscription of 56.68 times. Institutional investors (QIB) subscribed 70.53x, non-institutional high-net-worth investors (NII) subscribed 37.66x, and retail individual investors (RII) bid 43.66x their reserved quota.

The equity shares of Dreamfolks Services Limited officially debuted on the stock exchanges on 06 Sept 2022 at an opening listing price of ₹508.70, delivering a listing day return of +56.04% (premium) over the final issue price. As per the latest market data, the stock trades at ₹56.73, representing an overall decline of -82.60% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Dreamfolks Services Limited IPO?
The issue price of Dreamfolks Services Limited IPO was fixed at ₹326 per equity share. The indicative bidding price band was ₹308 - ₹326.
What were the open, close, and listing dates for Dreamfolks Services Limited IPO?
Dreamfolks Services Limited IPO opened on 24 Aug 2022, closed on 26 Aug 2022, listed on 06 Sept 2022.
How much was Dreamfolks Services Limited IPO subscribed?
The IPO received an overall subscription of 56.68 times. Category-wise, QIBs subscribed 70.53x, NIIs subscribed 37.66x, and Retail investors subscribed 43.66x.
What was the listing price and listing gain of Dreamfolks Services Limited IPO?
Dreamfolks Services Limited IPO listed on the stock exchange at ₹508.70, delivering a listing gain of 56.04% compared to the IPO issue price of ₹326.
Is Dreamfolks Services Limited IPO a Mainboard or SME IPO?
Dreamfolks Services Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Dreamfolks Services Limited IPO since its IPO?
At the latest market quote of ₹56.73, Dreamfolks Services Limited IPO has generated an all-time return of -82.60% since its initial public offering.

Related Mainboard IPOs (2022)