Will Dreamfolks Services become a Multibagger?
The most affected sector during Covid-19 was the Travel Sector. This sector was the most undervalued during the time. But it was known that it will revive once Covid is over. The problem is when it will revive. The patience to let the sector revive was the key. So keeping this sector in focus, I saw that a company called Dreamfolks Services is coming out with an IPO in August, 2022. The price for the IPO was Rs. 308-326 per share. DreamFolks Services Ltd is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform. Dreamfolks facilitates customers of Clients’ access to the following airport-related services (i) lounges, (ii) food and beverage (iii) spa, (iv) meet and assist, (v), airport transfer (vi) transit hotels /nap room access, and (vii) baggage transfer. They facilitate access to 100% of the 54 lounges currently operational in India. The business is an asset light model. The one