The public issue will constitute 41.75 per cent of the post offer paid-up equity share capital of the company.
Dreamfolks facilitates an enhanced airport experience for passengers, leveraging its technology-driven platform.
The company’s asset-light business model integrates global card networks operating in India, credit card and debit card issuers and other corporate clients, including airline companies, with various airport lounge operators and other airport related service providers on a unified technology platform.
It facilitates consumers’ access to the airport related services like lounges food & beverages, spa, meet & assist airport transfer, transit hotels or nap room access, and baggage transfer services.
Equirus Capital and Motilal Oswal Investment Advisors are the book running lead managers to the issue.
Source: The Economic Times
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