DreamFolks Services IPO share allotment status online: Know date and check GMP too

Investors can check DreamFolks IPO share allotment status online, once declared. Here are the steps you need to follow. Check latest DreamFolks IPO GMP too.

DreamFolks Services IPO share allotment status will be available online on this date. (DreamFolks Services website)

The three day bidding process for the initial public offer (IPO) of DreamFolks Services Ltd ended on August 26, 2022. The public issue was subscribed 56.68 times on the last day of its subscription on Friday. It can be known that the Rs. 562.10 crore IPO opened for subscription on Wednesday, August 24. Coming to the grey market premium (GMP), shares of DreamFolks Services are commanding a premium of Rs. 80 in the grey market today, 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.

Also, 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.

DreamFolks Services IPO: Subscription details

Meanwhile, it can be known that on day 1, 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 the second day of the bidding process, 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.

Here are the steps you need to follow to check the share allotment status of DreamFolks Services IPO:

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.