How to check the allotment status of Dreamfolks Services Ltd IPO

The Rs.562.10 crore IPO of Dreamfolks Services Ltd consists entirely of an offer for sale (OFS) of Rs.562.10 crore. There is no fresh issue component in this IPO. At the close of trading on Friday 26th August 2022, the IPO of Dreamfolks Services Ltd was subscribed 56.68 times overall. QIBs dominated with 70.53 times subscription while retail was subscribed 43.66 times and NII/HNI 37.66 times. 

The basis of allotment of Dreamfolks Services IPO will be finalized on 01st September 2022. If you have applied for the IPO, you can check your allotment status online; normally by the night of 01st September 2022. Your refunds (if any) would be initiated on 02nd September. The demat credit of the shares to respective demat accounts is expected to be completed by 05th September 2022 and Dreamfolks Services Ltd will be listed on NSE and BSE on 06th September 2022.

Let us get back to the allotment status check. You can either check your allotment status on the BSE website or the IPO registrar, Link Intime India Private limited. Here are the steps.

Checking the allotment status of Dreamfolks Services Ltd on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below

https://www.bseindia.com/investors/appli_check.aspx 

Once you reach the page, here are the steps to follow.

    • Under Issue Type – Select Equity Option
    • Under Issue Name – Select Dreamfolks Services Ltd from the drop down box
    • Enter the Application Number exactly as in the acknowledge slip
    • Enter the PAN (10-digit alphanumeric) number
    • Once this is done, you need to click on the Captcha to verity that you are not a robot
    • Finally click on the Search Button

Please note here that formerly the BSE website insisted on you entering the PAN number and the Application number in the allotment page. However, now you can just enter any one of the two variable and check your allotment status.

The allotment status will be displayed on the screen in front of you informing about the number of shares of Dreamfolks Services Ltd allotted to you.

Checking the allotment status of Dreamfolks Services Ltd on Link Intime (Registrar to IPO)

Visit the Link Intime registrar website for IPO status by clicking on the link below:

https://linkintime.co.in/MIPO/Ipoallotment.html

This dropdown will only show the active IPOs, so once the allotment status is finalized, you can select Dreamfolks Services Ltd from the drop down box.

    • There are 3 options. You can either access the allotment status based on PAN, Application Number or DPID-Client ID combination.

    • Select the appropriate option you want to use and enter the details (PAN / Application Number / DPID-Client ID)

    • Finally, click on the Search button

The IPO status with number of shares of Dreamfolks Services Ltd allotted will be displayed on the screen.