DreamFolks IPO GMP today; know share allotment date, other details too | How-to

DreamFolks IPO GMP today; know share allotment date, other details too

DreamFolks IPO share allotment status is likely to be finalised on September 1. Investors can check the latest DreamFolks IPO GMP here and share allotment status online.

By: HT TECH
| Updated on: Aug 29 2022, 10:38 IST
DreamFolks Services IPO
Know DreamFolks IPO GMP, share allotment status date and more. (DreamFolks Services Website)
DreamFolks Services IPO
Know DreamFolks IPO GMP, share allotment status date and more. (DreamFolks Services Website)

The initial public offer (IPO) of DreamFolks Services Ltd has been subscribed 56.68 times by the last day of the bidding process that is August 26, 2022. It can be known that the three-day, Rs. 562.10 crore DreamFolks IPO opened on Wednesday, August 24. Coming to the grey market premium (GMP), then know that DreamFolks Services IPO is being quoted at a premium of Rs. 103, as per market observers, according to a report by Live Mint. Now, subscribers are eagerly waiting for the finalisation of DreamFolks Services IPO share allotment status, which is likely to happen on September 1, 2022.

The shares of the company are expected to list on the stock exchanges- BSE and NSE- on September 6, 2022. Once the allotment status is finalised, subscribers will be able to check the allotment status online by visiting the official website of BSE and the registrar of the issue- Link Intime India Private Ltd. Before, we tell you the process of checking the share allotment status you can check the subscription details below:

DreamFolks Services IPO: Subscription details

On the first day of the bidding process, the DreamFolks Services IPO received strong response from the retail investors. The portion reserved for the retail investors got subscribed 7.93 times followed by Non Institutional Investors (NIIs) with 1.39 times and Qualified Institutional Buyers (QIBs) with 0.25 times.

On day 2, the portion reserved for the retail investors got subscribed 19.10 times followed by Non Institutional Investors (NIIs) with 8.40 times and Qualified Institutional Buyers (QIBs) with 0.60 times.

While on the final day, the portion reserved for the retail investors got subscribed 43.66 times followed by Non Institutional Investors (NIIs) with 37.66 times and Qualified Institutional Buyers (QIBs) with 70.53 times.

How to check DreamFolks IPO share allotment status online via BSE

1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.

2. Select DreamFolks Services IPO in the menu. The name of the company will be available for selection only after the announcement of the allotment status.

3. Enter your application number allotted for DreamFolks Services IPO.

4. Then enter your Permanent Account Number (PAN card number).

5. Click at 'I'm not a robot' and confirm the captcha.

6. At last click at the 'Submit' button. You will be able to see the DreamFolks Services IPO allotment status displayed on the screen.

How to check DreamFolks IPO share allotment status online via Link Intime

Step 1:

Visit the official website of Link Intime or click on the links mentioned here- https://linkintime.co.in/IPO/public-issues.html or https://linkintime.co.in/MIPO/Ipoallotment.html.

Step 2:

Then select one option among our PAN card number, Application number or DP Client ID from the top bar.

Step 3:

Select the name of the company (DreamFolks Services IPO) from the drop down menu, which will be available only after the finalisation of the allotment status.

Step 4:

Tap search and you will get your DreamFolks Services IPO share allotment status displayed on the screen of your device.

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First Published Date: 29 Aug, 10:38 IST
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