Shares of DreamFolks Providers Ltd hit the higher circuit at Rs 114.61 on eighth October, after the corporate introduced the launch of its new consumer-facing programme, the DreamFolks Membership Memberships, on Tuesday, seventh October, marking its formal entry into the business-to-consumer (B2C) phase.
The launch comes weeks after the corporate’s exit from the home airport lounge aggregation enterprise. This phase beforehand accounted for over 90% of its income.
Unveiled on the International Fintech Fest 2025 in Mumbai, the memberships are priced between Rs 10,000 and Rs 50,000 yearly. They arrive in three tiers — White, Orange, and Black. The memberships provide entry to journey, way of life, wellness, and leisure advantages. These advantages embody international lounges, golf classes, freeway eating, OTT subscriptions, and extra.
The highest-tier Black Membership provides perks value as much as Rs 5 lakh. It options limitless espresso, entry to railway lounges, and annual subscriptions to health and OTT providers.
Chairperson and MD Liberatha Peter Kallat stated the transfer goals to make way of life privileges accessible to a wider viewers. It marks a strategic shift in direction of direct client engagement.
She added that the corporate sees “large potential” within the new providing. They plan to develop additional throughout Southeast Asia and the Center East. Moreover, they may broaden their non-airport portfolio to incorporate railway and freeway lounges, social golf equipment, and curated way of life packages.
At 10:53 AM, shares of DreamFolks Providers Ltd had been locked within the 4.99% higher circuit at Rs 114.61 on NSE.
Prepared to take a position like a professional? Unicorn Indicators app equips you with 100+ Free instruments and data you might want to succeed. Obtain the Unicorn Indicators app and achieve entry to every day inventory lists and insightful market evaluation and far more!
