Dreamfolks Services IPO subscription Status Day 3: Issue subscribed over 56 times on BSE, 23 times on NSE; retail portion booked 43 times on BSE
Dreamfolks Services IPO subscription: The initial public offering which opened on Wednesday closed on Friday, August 26. The issue was subscribed 56.68 times on the BSE and 23.25 times on the NSE
Dreamfolks Services IPO (initial public offering), which opened on Wednesday, August 24, will remain opened till Friday, August 26. The IPO is entirely an Offer-For-Sale (OFS) of up to 1.72 crore equity shares by promoters -- Liberatha Peter Kallat, Dinesh Nagpal and Mukesh Yadav. The company has set aside an amount of Rs 421.58 or 75% of the overall issue size of Rs 562.10 crore for Qualified Institutional Buyers (QIBs). Besides, Rs 84.32 crore or 15% of the total size has been earmarked for NIBs. Likewise, the company has kept shares worth Rs 56.21 crore or 10% for retail investors.
We bring you the live updates on subscription status and other details about this IPO as the day progresses- watch out for this space...
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Dreamfolks Services IPO today closed at 5 pm. The issue was overall subscribed 56.68 times on the BSE as per the information available on the BSE website. The Retail Individual Investors (RIIs) subscribed the issue 43.66 times. Meanwhile the Non Institutional Investors(NIIs) subscribed the issue 37.66 times while the Qualified Institutional Buyers (QIBs) subscribed the issue 70.53 times.
Meanwhile on the NSE, the issue was overall subscribed 23.25 times. The RIIs subscribed the issue 24.19 times while the NIIs subscribed the issue 14.18 times and the QIBs subscribed the issue 27.48 times.
Dreamfolks Services IPO subscription status
Dreamfolks Services IPO was subscribed almost 55 times on the last day. QIBs led the sucription by subscribing the issue 70 times so far. Retail category was filled 42 times and NIIs 37 times.
Dreamfolks Services IPO subscription status
Dreamfolks Services IPO was subscribed nearly 13 times on the final day. The retail portion was maximum bidding with over 24 subscriptions, while NIIs category received over 19 times more bidding than their available quota. Below is the overall bidding so far under different categories
Dreamfolks Services IPO subscription last day
Dreamfolks Services IPO was subscribed over six times at the end of Day 2. Against 94,83,302 shares on offer bids were made for 5,77,86,948 shares until Thursday. The retail investors was subscribed whooping 19 times.
Dreamfolks Services IPO Subscription Status Day 2
Dreamfolks Services IPO continued to draw strong traction on Day 2 as well. At around 4.10 pm, the overall subscription surpassed five times, while the retail category portion was filled almost 18 times (17.90) against its offer size. Check detailed subscription status below (NSE data).
Dreamfolks Services IPO subscription Status Day 2:
Issue subscribed almost 4x, retail subscription continues to surge. RIIs subscribed the issue 14. Times and NIIs bid for 3.97 times of their alloted quota
Dreamfolks Services IPO subscription status Day 2
Dreamfolks Services IPO was subscribed more than three times now. Against 94,83,302 shares on offer, the bidding was made for 3,02,94,358 shares.
Dreamfolks Services IPO subscription status Day 2
Dreamfolks Services IPO was nearing 3x subscription on Day 2
Overall subscription 277%
Retail investors: 1120%
NIIs: 217%
QIBs: 25%
Dreamfolks services IPO subscribed over 200%, retail quota more than 800%
Dreamfolks services IPO was subscribed over two times (2.08), while retail quota was filled over 800% against alloted shares at the beginning of Day 2.
Dreamfolks services IPO day 2 subscription timing
Dreamfolks services IPO filled nearly twice on Day 1. The overall subscription stood at 1.96 times, while retail portion was booked 7.9 times. The second day bidding begins at 10 am.
Dreamfolks Services IPO was a huge hit from subscription point of view. The initial public offering was subscribed 1.96 times of its offer size at around 5:00 PM on Day 1. The bidding was led by retail investors who have subscribed the issue almost eight times. NIIs quota was also oversubscribed at 1.39 times and QIBs category joined the bidding with 0.25 times subscription
Dreamfolks Services IPO subscription status:
Dreamfolks Services IPO was a huge hit from subscription point of view. The initial public offering was already subscribed 1.71 times of its offer size. The bidding was led by retail investors who have subscribed the issue more than seven times. NIIs quota was also oversubscribed at 1.08 times and QIBs category joined the bidding with 0.14 times subscription
Dreamfolks services IPO subscription: NIIs portion filled 44%
Overall subscription jumps to 116% with bids being made for 1,09,53,290 equity shares against a total of 94,83,302 on offer. NIIs portion was subscribed 0.44 times, while retail subscription surged at 569% on Day 1. QIBs were yet to participate in the bidding
Dreamfolks services IPO subscription status
The initial public offering of Dreamfolks services IPO was fully subscribed within hours of opening of issue on Day 1. The subscription was led by retail investors, who subscribed the issue over five times against their allotted quota.
Dreamfolks Services IPO subscription status Day 1
The initial public offering airport Service aggregator continued to draw huge interest from retail investors. The category reserved for retail investors was subscribed whooping 400% on few hours of opening of the IPO
Dreamfolks Services IPO retail subscription
Dreamfolks Services IPO retail quota was filled more than 200% within an hour of opening. Against 17,24,236 shares on offer, bids for 38,99,098 shares were made by retail investors.
Dreamfolks Services IPO subscription status Day 1
Dreamfolks Services IPO was subscribed 30% of the total quota already, while the retail category saw strong response with retail investor portion fully subscribed within minutes of opening. Currently, the retail category was oversubscribed at 160%
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