Dreamfolks Services Limited IPO Message Board (Page 31)

Not big for retailers. Small issue compared to Syrma and only 10%. Double blow. Likely to be subscribed more than 25 times in retail category. Reality of any company difficult to know. Only on the basis of last few Financial, it is difficult to say. New unknown people are entering the market. Different models of Business. Views of card holders are also different. But investors are not bothered at all about the facts. Now investors are taking more risk. Small family, high salary or a business person, appetite of loss.
Now for long term it's difficult to think. Exceptions are always there. All depends on our luck.
Lots of luck to the Members.

in subscription page of this ipo it says
retail-18.18%
HNI- 27.27%
and Qib- 54.55%
how come?

This is excluding anchor allocation. Some portion of QIB has already allocated to anchor investors, because of which RII and HNI % looks inflated. But in actual overall it is 10 and 15 % only.

Make sense, thanks

The GMP that experts are sharing may be, may be, illusive.

The reason is,
1. 75% issue will be filled up by QIB which means they will drive the issue not Retailers; not NII.

2. The QIB couldn't exit the lot on the listing which means they will think thrice before investing the money in the issue with the so called clumsy business and numbers.

3. The market seems to be in reducing trend 📈 with the li'l bit dip envisaged in the recent days.

So, the only possibility that will convert the existing GMP in to subject to realization is if market sentiment drives the stock.

Although finger 🤞. I pray 🙏 QIB will be interested and come up with the subscription as good as we saw in SYRMA.

@ GJ Eighteen,

My doubt is, having just 25% for both Retail & HNI combined, will there not be huge demand for the available shares and hence they are ready to pay the higher price and hence the GMP? Of course, this is applicable for only heavily oversubscribed IPOs and companies with good prospects.

Mr. Arif, actually as per my opinion it won't happen. Reason is, the RII and NII investors rarely jump on after the listing except quite a good script like AWL, Campus. They mainly rely on the earning by allotment, if lucky. So, if QIB won't take interest in the subscription than i think there will be quite rare possibility to list at bit lower and than goes high due to interest of HNI and RII. However, interestingly the anchor book had received quite a good response. So, it will be interesting to see how QIB respond in this IPO.

Retail already 3x subscribed? May be because of 10% allocation and small issue.

Dear Admin,
In IPO Main board Drefolks in yellow color. IPO from today.Immediate action at mid night. Great work.

That is automated.

Risky bet ..think it than do it ..its another rainbow or become LIC .... mostly hipe to trap retailers .. apply in 3rd day 😂😂

Thats right but apply 3rd day..i got 1 allotment sys through gpay

1 applied 2 shni and 3 retail in syrma and g0t none.... so 😅😅

today for minimum app kostak 100 subjecto 2800 in gujrat primuem per shar 75

@lokes ji what ia your opinion on the issue

Hello Distinguished members,
Please confirm if anyone is using IndusInd Bank ASBA facility for placing IPO applications. In case one has to apply under HNI category, I don't see a separate option for the same. Will it be under IND category.

Why it is not showing for apply in SBI net banking ??

Where can we get application wise subscription/ no. of applications in retail/sHNI/bHNI category?

I applied 11 retail lots in syrma ipo in the name of my friends account through upstox upi, recieved 0 allotment, ( all money unblocked), did linkintime stop 3rd party allotments through upi also?

Same thing happened with campus ipo, applied 19 retail lots, recieved just 1

Unique business always excites market. Apply for listing gains.

ICICI is the fastest bank in SYRMA in allotment.
So mostly investers will rush from this bank to get early update from the same registrar.

Anchor list

Latest gmp 80

Anchors are out, very good mix of FII and MF, large and small.

Interestingly enough, Capital Group has taken nearly 29% of anchor book (nearly 4% stake in overall co). It is rare to see Capital Group investing in smaller company IPO.

ABEKKAUS growth fund name in anchor list (4.34%)

DreamFolks services IPO
GMP
1- Confirm ₹65-70
2- Retail Application - Koshthak ₹125-130
3- Retail Subject to Allotment - ₹1800-₹2000
4- SHNI Above 2L Koshthak ₹2000-2200
5- SHNI Above 10L Koshthak ₹6000-6500
6- SHNI Subject to Allotment
₹19000- ₹21000
[ Ek ek City ,Town, Center, States Mein Premium Alag Alag ho Sakta hai ]

Apply