Dreamfolks Services Limited IPO (Dreamfolks Services IPO) Detail

330

You mean 365 right?
Bottom out?

Pta ni kya hoga...hrr din dimaag kharab krr rha h ye toh....Na exit krr skte ..bhs faste ja rhe h

@SUNNY...
YOUR 2 MISTAKES
1. INVESTING YOUR MAX CAPITAL FOR INSTANT GAINS
2. EXPECTING HUGE PRICE APPRECIATION WITH IN SHORT PERIOD

so you have a loss of 1.15 lakhs approx
Even i bought @501. But due to allotment my avg was 423...as I am keeping for 6 months I was looking to avg more once ipo flood is over. Company is good and one can keep faith for long term, business is risky and rewarding as well. I think the only option u have is to wait for sometime and let couple of qtr results unfold for covering your losses..
If you feel uncomfortable holding it, sell and reinvest that amount in some other company. It might take 3-4 months to cover your losses. As you lost 20% ..but to cover your losses ..stock should rise 25% .

Since I'm having faith in this company. You don't have to do the same
I suggest you to just apply IPOs and earn some profit from there.

@Monster Zero.
Your desired price has come. Dreamfolks is now trading below 400.
Please suggest if it is good price to buy?
Thanks 🙏

Below is a very interesting article by Finshot markets this morning..on Dreamfolks..might help in reassessing your position in the stock, be it short, medium or long term. Mostly, it is inclining towards the growth potential with massive opportunity, and the story seems plausible.

(Warning- long post due to the length of the article)
——————
“Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Something interesting is happening.”

Well, you can add one more company to that list — DreamFolks Services, a company that owns no lounges.

Hold on, we’ll explain what we mean. Now if you’ve ever lazed in an airport lounge in India, chances are that your entry to the lounge was managed by this company. In fact, out of 52 lakh passengers who stepped into a lounge in FY22, DreamFolks managed the experience for 35 lakh people. That tallies up to a market share of a whopping 68%.

But the key word here is “managed”. Because the company does not own these lounges. DreamFolks is what you’d call an “airport lounge aggregator”. Yup, there’s an aggregator for everything!

So if you look at the fine print on your credit or debit card, it may say something about lounge access. And if your card does extend this benefit, you’ll probably find DreamFolks at the other end helping you access the lounge. The company ties up with card networks like Mastercard (their very first client in 2013). And also, with banks that issue these cards. And then, the company provides the tech that connects the cardholder to the lounge operator across India.

But wait…why does anyone need DreamFolks for this, you ask? If I know there’s a lounge at the airport, can’t I just walk in and get access to it? It’s not like Airbnb that helps me “discover” spaces or experiences, so why have an intermediary?

That’s true. But a disaggregated lounge experience could come with its own set of complications. Let’s explain. Imagine you have a card issued by a bank that permits you one lounge visit a month. Anything more than that, and you’ll have to pay up ~₹1,000. Also, the lounge visit is only for you and you can’t take any guests along.

Anyway, on the 1st of September, you visit a lounge in Bengaluru airport managed by Company X. Your monthly quota of visits is done!

Now let’s say you’re at the Mumbai airport on the 26th of September. You have time to kill before your flight and you head to the lounge as usual. Now the lounge there is managed by a different company. Say Company Y. And this time your friend is tagging along too.

How will Company Y know that you’ve already made a visit that month? Or that the card doesn’t permit a plus one. It’s just a lounge operator, not a tech wizard. Or will your bank track this and send a message to all airport lounge operators saying, “1 visit for September is done!”? Imagine the banks fiddling with all this information for all their customers! It would be a nightmare.

And that’s where DreamFolks steps in with its tech. At the front end, it validates and provides immediate lounge access. Or denies it if you’ve exceeded your quota. It’ll then tell the lounge operator to charge you the full price. And at the back end, it helps the operator and bank account tag rewards associated with any lounge spending.

The great thing about this model is that DreamFolks doesn’t have to shell out money to set up lounges. It doesn’t have to spend truckloads to acquire customers like you and me — that’s the banks’ headache. It simply works as a tech intermediary. It’s pretty smart.

But the biggest attraction? Well, DreamFolks runs a virtual monopoly!

Yup, there’s no other domestic player quite like it. There are only 54 domestic lounges in India today and DreamFolks enables access to all of them. It’s also an exclusive partner to 12 separate lounges. And there’s the fact that it has also tied up with over 1,000 international lounges. In fact, there might just be two other global players who’re doing the same thing — Priority Pass and Dragon Pass.

And nearly 99% of its revenues for DreamFolks accrue when you visit a lounge and swipe your card.

But it’s not just lounge aggregation that DreamFolks enables.

Imagine you’re a privileged member of a bank. You decide that it’s time for a trip and you make your booking. Your bank knows that you’re travelling so they call you up and ask you if you need an airport pickup and drop off too. You’re pleased with the service and say yes. But obviously, the bank’s job isn’t to get involved in all of this. So, who do they call? Well, Dreamfolks.

DreamFolks wants to be at the front and centre of everything associated with a traveller’s airport journey. As DreamFolks’ tagline says, “It’s Your Airport Experience Amplified”.

Anyway, you know how we hype up every business in India by saying, “low penetration”, right? Food delivery has room to grow because of low penetration. Asset management companies will grow because people are just waking up to investing opportunities.

Well, it could the same thing in DreamFolks’ case.

For starters, there’s something called air travel propensity. Simply put, it measures the frequency of travel i.e. how often do people travel within the country each year. And India posts some of the lowest figures at moment. If people choose to fly more, they could use the lounges more too.


Then there’s also the bit about credit card penetration which is only at 3% — an abysmal figure even when compared to our peers like Brazil or China. If credit card penetration picks up, DreamFolks could benefit from it too. For instance, 90% of lounge access is attributable to benefits extended by credit cards. So if there are more credit cards going around, it could lead to more people eventually availing of lounge benefits too.

And when you put these together, you’ll get an expectation of how the “lounge market” in India is expected to grow. According to estimates by Frost & Sullivan, over the next five years, we could see a 10 times jump from the ₹400 crore value today. That means the lounge market could be worth over ₹4,000 crores by FY27.

So it looks like DreamFolks is in the right place at the right time.

But the question also on everyone’s mind is this. Will the stock fall from the 30,000 feet it’s soaring at?

You see, investors jumped to lap up the shares during the IPO probably because there is really no other company like it in the Indian markets. And it popped over 55% on listing day. But now that the chatter has died down, everyone seems to be realizing how richly valued the stock is — Monopoly or otherwise.

Has the company embedded itself so firmly in the minds of its clients that no competition can dethrone it? Or is the Indian aviation story overhyped?

Past few days have shown that fall in Dow Jones hasn't affected nifty50..
I expect flat opening and flat closing,lof nifty50 and little to no effect on dreamfolks.

Seems the impact of upcoming Fed Rate hike is impacting Dow Jones. Yes in recent past Nifty/Sensex has defied the US market move but seems it is going to be effected sooner than later. Index up but portfolio down today for me and even my friend. So correction is on corner and that is big one, pray it is not tomorrow, need pull some profit.

Hoping for the good

OMG none of the USA index recovering, each and every down by more than 3%. Gayi bhains pani mein. Just a miracle can save market from heavy fall tomorrow. FII will pull like anything, be ready and prepared with stop loss wherever profit present.

Where is the profit bro?
😃

Great news that market did not fall like expected. Risk management again did not favour me and after hitting SL all, Today's P&L in red for me in both accounts. @Monster Zero observation came true this time also. Hope market do not fall further today.

Market is falling for 2-3 days.
So what to expect in coming week

Still in the bearish zone...need 2 more days to stabilize above trend line or else red zone will continue.
Rsi 19..stock is oversold
Intraday is open and shorting is going on.

My stop loss hit and out with good loss 😒 Campus was there, TGVSL was there and I was chasing a dream which taught me a lesson.

Enjoy Campus ride whoever holding. FII pumping and due to upcoming "Federal Rate Hike" I was holding to enter in low. Market is market cannot understand it..

@Coldburger..sad to hear that, but glad that you follow the discipline of SL..
I'm not putting SL as company is profitable and long term risk is small to none.
Looking to avg once it consolidates above trend line.
Trading is another option to mitigate losses.

@cold sad to hear bro.
Market always unpredictable that's bad and good both for us
@monster zero
Okay bro

@Monster Zero and @ NilayKumar
Usually I do not follow SL as most time I hold for short to medium term. Dreamfolks I knew it is very costly PE 100+. I thought that it will rebount to atleast 475 from 440, it was bouncing on that range and decided for BTST. Saw very little resistance and the article https://www.google.com/amp/s/www.moneycontrol.com/news/business/stocks/dreamfolks-services-has-a-dreamy-debut-but-analysts-urge-investors-to-wake-up-and-walk-out-9136741.html/amp did force me to limit risk. I shall enter if get around 350-370.

Stock now in bullish trend, backed by heavy volumes.
People still crying for 140 p/e should wait for q2 results to decide their next move.
Just like this, syrma is also in bullish trend, if sustained for 2 more days then may see new highs.

Question is do P/E matter? See PE of Nykaa, Adani group, Delhivery etc. These broking/rating agencies manipulate market by making bold statement in leading websites. Those are just speculations, just like we are making here. Meanwhile where it will go no one knows.
Just a question, Anyone got squeezed today?

@Monster Zero Kash!!!! Agar main ye nahi padha hota kal 😒 PE to campus ka jyada ho gaya ab. Campus can go further ? Can it crawl/jump to 600 in near term?

https://www.moneycontrol.com/news/business/stocks/dreamfolks-services-has-a-dreamy-debut-but-analysts-urge-investors-to-wake-up-and-walk-out-9136741.html

@Cold burger ...chalti gadi me chadne se 2 baatein hoti hai...
Ek....girne ka risk jyada hota hai aur long term injury bhi ho sakti hai

Dusra ...Apko apki manzil jaldi milegi aur time bachega.

Once p/e is high...we should only enter at consolidation or fall.
465 gya tha stock..tb lena tha....ab downside potential jyada hai upside se. As you said 600 , it's quite psychological to think of a whole no. As a target point..
possible hai 598 jaake drop ho jaaye...
Possible hai niche girke wapis upar aaye....
I'd say..ride the IPO wave fir now and wait for a fall in campus or choose some other stock.
Watch the 1 month chart and trend line .. kabhi toh jayega niche.

Upar jaane ka ke liye koi story chahiye... If one can't wait for that then exit completely as soon as possible. Near trend is downwards and may go upto issue price and even below. One who bought in preopen, may have see their wealth evaporat. (This would also be a lesson for future, a costly one).

@Aman Ipo
It is not Dreamfolk....it is Downfalls 😬niche hi jayega....550 down to 400...375 in short term..