24 News Hour-News Matters
24 News Hour-News Matters
  • Home
  • Business
  • Education
  • Entertainment
  • News Update
  • Others
    • Technology
    • Health & Lifestyle
  • Privacy Policy
  1. Home
  2. Business
  3. Dreamfolks Services Limited raises Rs. 252.95crore from 18anchor investors at the upper price band of Rs. 326 per equity share
Business

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

Previous post
Next post

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Purple Style Labs Limited’s Initial Public Offer to open on Monday, August 31, 2026
  • BLAZO i-TRK by Mahindra: Setting New Standards for Profitable & Intelligent Trucking in India
  • Citibank N.A. India’s Client Asset Book Crosses ₹1 Lakh Crore Despite Consumer Banking Divestiture
  • Care Health Insurance Issues Public Health Advisory on Mosquito-Borne Diseases
  • Tech-led Manufacturing Platform Zetwerk files UDRHP to raise Rs 2,600 Crore via Fresh Issue
Latest News
Business

Purple Style Labs Limited’s Initial Public Offer to open on

August 27, 2026
Business

BLAZO i-TRK by Mahindra: Setting New Standards for Profitable &

August 25, 2026
Business

Citibank N.A. India’s Client Asset Book Crosses ₹1 Lakh Crore

August 24, 2026
Health & Lifestyle

Care Health Insurance Issues Public Health Advisory on Mosquito-Borne Diseases

August 20, 2026
Copyright © 2026 Qoxag. All Right Reserved.