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 Sensex and Nifty are poised to rise on Tuesday, tracking gains in Asian stocks and firm trends on SGX Nifty futures.
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.