DreamFolks IPO share allotment likely today; know how to check status online, GMP, and more

DreamFolks IPO share allotment status is likely to be finalised today, September 1. Follow the steps provided here to check the status online on BSE and Link Intime here.

Here is how to check DreamFolks IPO share allotment status online. Know latest GMP too. (DreamFolks Services website)

The share allotment status of DreamFolks Services Ltd's initial public offer (IPO) is likely to be announced today, September 1, 2022. People who have subscribed for the Rs. 562.10 crore IPO are now eagerly waiting to know if they get the shares or not. The share allotment status of DreamFolks IPO can be checked online by visiting the official website of BSE and the registrar of the IPO- Link Intime India Private Ltd. Coming to the grey market premium (GMP), it can be known that the shares of DreamFolks IPO is expected to get listed at a premium as according to market observers as it is available at a premium of Rs. 106, as per market observers, according to a report by Live Mint.

The DreamFolks Services IPO 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 DreamFolks IPO opened for subscription on Wednesday, August 24. 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.

The shares of the company are expected to list on the stock exchanges- BSE and NSE- on September 6, 2022. You can check the share allotment status of the IPO once declared online by following the process mentioned below:

DreamFolks IPO share allotment status online: How to check 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.

DreamFolks IPO share allotment status online: How to check 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.