DreamFolks IPO - Business Strategy, Competitive Strengths, Financials, Key Concerns: HDFC Securities

DreamFolks IPO - Business Strategy, Competitive Strengths, Financials, Key Concerns: HDFC Securities

An airport lounge. (Source: Unsplash)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Retail Research's IPO Report

Deam Folks Services Ltd. is a dominant player and India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform.

Its asset-light business model integrates global card networks operating in India (card networks), credit card and debit card issuers (card issuers) and other corporate clients, in India, including airline companies (corporate clients and along with card networks and card issuers, the clients) with various airport lounge operators and other airport related service providers (collectively, the operators) on a unified technology platform.

It facilitates customers of clients’ (consumers) access to the following airport related services- lounges, food and beverage spa, meet and assist, airport transfer, transit hotels /nap room access, and baggage transfer, (collectively, the services).

Its dominance is underpinned by facilitating access to 100% of the 54 lounges currently operational in India, and it also enjoyed a market share of over 95% of all India issued credit card and debit card (card based) access to airport lounges in fiscal 2022.

Click on the attachment to read the full IPO report:

HDFC Securities Retail Research Dreamfolks-Services-IPO-Notes.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES