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  3. Dreamfolks Services Limited raises Rs. 252.95crore from 18anchor investors at the upper price band of Rs. 326 per equity share

Dreamfolks Services Limited raises Rs. 252.95crore from 18anchor investors at the upper price band of Rs. 326 per equity share

by Ankur Sharma August 27, 2022

Share:

Dreamfolks Services Limited (“the Company”)has allotted 77,59,066equity shares to 18 anchor investors andraisedRs. 252.94crore ahead of the Company’s proposed IPOat the upper price band of Rs.326per share.

The anchor allocation as follows:

Sr. No.Name of Anchor InvestorNo. of Equity Shares Allocated% of Anchor Investor PortionAllocation Price (₹ Per Equity Share)Total Amount Allocated (₹)
1Smallcap World Fund, Inc22,08,59828.46%326.0072,00,02,948
2Aditya Birla Sunlife Trustee Private Limited A/C Aditya Birla Sun Life Small Cap Fund6,13,5027.91%326.0020,00,01,652
3Aditya Birla Sunlife Trustee Private Limited A/C Aditya Birla Sun Life Multicap Fund6,13,4567.91%326.0019,99,86,656
4Invesco India Multicap Fund6,13,2727.90%326.0019,99,26,672
5Sundaram Mutual Fund A/C Sundaram Services Fund6,13,2727.90%326.0019,99,26,672
6Abakkus Growth Fund – 23,68,1384.74%326.0012,00,12,988
7Kuber India Fund3,68,1384.74%326.0012,00,12,988
8Malabar India Fund3,68,1384.74%326.0012,00,12,988
9Mirae Asset India Sector Leader Equity Fund3,68,1384.74%326.0012,00,12,988
10Quant Mutual Fund A/C Quant Value Fund2,43,7243.14%326.007,94,54,024
11Saint Capital Fund2,30,1382.97%326.007,50,24,988
12Elara India Opportunities Fund Limited2,30,0922.97%326.007,50,09,992
13Matthews Asia Funds Asia Small Companies Fund1,53,4101.98%326.005,00,11,660
14PNB Metlife India Insurance Company Limited1,53,4101.98%326.005,00,11,660
15Societe Generale – ODI1,53,4101.98%326.005,00,11,660
16Vikasa India EIF I Fund1,53,4101.98%326.005,00,11,660
17Segantii India Mauritius1,53,4101.98%326.005,00,11,660
18BNP Paribas Arbitrage – ODI1,53,4101.98%326.005,00,11,660
 Total77,59,066100.00% 2,52,94,55,516

The IPO consists of an offer of Equity Shares by way of an Offer for Sale of Up to 17,242,368 Equity Shares by the promoter selling shareholders.The Offer for Sale comprises upto 6,531,200 Equity Shares by Mukesh Yadav, upto 6,531,200 Equity Shares by Dinesh Nagpal and upto 4,179,968 Equity Shares by Liberatha Peter Kallat.

The Price Band forthe Offer has been fixed at ₹ 308 to ₹ 326 per Equity Share. Bids can be made for a minimum of 46 Equity Shares and in multiples of 46 Equity Shares thereafter.

Equirus Capital Private Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.

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