DreamFolks Services shares listing:
With a rise of 56% on a listing day, Dreamfox started with a bang.
DreamFolks Services Limited has made a bang in the stock market. The company's IPO got a good response from investors.
The company's stock is listed with a gain of 56 percent against the IPO price. This IPO was subscribed 56.68 times.
Before listing, shares of Dreamfox Services Limited IPO were trading at a premium in the gray market.
On the Nifty of the National Stock Exchange (NSE), the company's shares started trading at Rs 508.
The IPO of Dreamfox received bids for 53,74,97,212 shares against an offer of 94,83,302 shares.
In the QIB category, the IPO was subscribed 70.53 times and the portion was reserved for retail investors 43.66 times.
The price band of the IPO was Rs 308 to 326 per equity share. The company had raised 253 crores from anchor investors.
In the gray market on Monday, the premium for Dreamfox IPO was Rs 110. Its price had closed at Rs 100 on Sunday.
Overall, the IPO of Dreamfox gave great returns to its investors on a listing day. Now let's see what happens next.