Dreamfolks Services IPO: Investors may wait to ensure sustainable business momentum before investing in Dreamfolks Services IPO

ET Intelligence Group: Issue dates: August 24-26, 2022

Issue price: Rs 308-326

Issue Size: Up to Rs 562 crore

Issue type: Offer for Sale

Asking market cap: Upto Rs 1,703 crore

Face value: Rs 2 per share

Retail portion:10%

Lot size: 46 shares

Gurugram-based Dreamfolks Services, a provider of lounge and other services related to travel by air, plans to raise upto Rs562 crore through an offer for sale by promoters. After the issue, the