DreamFolks Services IPO lists at premium; surges 69% over issue price
Shares of DreamFolks Services listed at ₹505 on the BSE, up 54.9% against the upper price band of issue price of ₹326 per equity share.
Shares of DreamFolks Services listed at ₹505 on the BSE, up 54.9% against the upper price band of issue price of ₹326 per equity share.
The retail investors quota was subscribed 6.6 times, while the portion for qualified institutional buyers and non-institutional investors was booked 0.14 times and 0.71 times, respectively.
DreamFolks Services IPO is completely an offer for sale of 1.72 crore equity shares by the promoters; the price band for the offer has been fixed at ₹308 to ₹326 apiece.