Dreamfolks Services The company provides airport facilities such as lounge, dining, spa, hotel and baggage transfer services to the consumers.
Dreamfolks Services IPO: Airport service aggregator platform Dreamfox Services Limited (Dreamfolks Services) is going to bring its IPO. The company has submitted a draft paper to the market regulator SEBI for this. According to the Red Herring Prospectus (DRHP), this IPO will be purely Offer for Sale (OFS). As part of the OFS, 21,814,200 equity shares will be sold by the promoters – Libertha Peter Kalat, Dinesh Nagpal and Mukesh Yadav.
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The public issue will be equal to 41.75 percent equity share capital of the company after the offer of shares. Dreamfolks provides facilities for enhanced airport experience for passengers through its technology-based platform.
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Know about the company
- The company’s asset-light business model combines the global card network operating in India. In addition, the company provides various airport lounge operators and airport related services on its technology platform to other corporate clients including credit card and debit card issuers and airline companies.
- It gives customers access to airport amenities such as lounges, dining facilities, spas, hotels and baggage transfer services.
- Equirus Capital and Motilal Oswal Investment Advisors are the book running lead managers of the issue.
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