DreamFolks Services Share Price Jumps 9.53% After Acquiring Majority Stake in Ten 11 Hospitality LLP

Gurugram, November 10: DreamFolks Services’ share price is witnessing a heavy rally today after acquiring a majority stake in Ten 11 Hospitality LLP. As of 2:40 PM, DreamFolks Services’ share price was up by 9.53%, or 11.64 points, and was trading at ₹133.75. Until now, the DreamFolks Services shares have traded within a range of ₹140.42 and ₹121.38. The traded volume for the DreamFolks Services shares was at 22.23 lakh shares, with the company’s market cap at ₹650 crore. The shares have their 52-week high at ₹469.90 and their 52-week low at ₹99.30.

DreamFolks Services Limited (NSE: DREAMFOLKS, BSE: 543591) is an Indian company that operates as an airport service aggregator. The company was established in 2008 and is headquartered in Gurugram, Haryana.

Shares Rise After Acquiring Majority Stake in Ten 11 Hospitality LLP

DreamFolks Services Limited announced the acquisition of a majority stake in Ten 11 Hospitality LLP, marking another strategic step in its expansion plan. The move aims to strengthen and broaden its railway lounge network across India. Under the agreement, DreamFolks will acquire a 50.01% partnership stake in Ten 11 Hospitality for ₹11.46 crore in cash, with the transaction expected to be completed within 15 days. Ten 11 Hospitality, known for operating premium lounges, reported a turnover of ₹8.66 crore in FY25, a significant rise from ₹2.14 crore in FY24, highlighting its strong growth trajectory.

DreamFolks Partnerships for Expansion

DreamFolks has also been partnering with several entities to grow its travel and lifestyle services. In October 2025, it partnered with The Card Company to launch Wallet Alpha (α). It is a premium digital wallet that offers airport lounge access, club memberships, dining benefits, and lifestyle rewards. The company also partnered with WSFx Global Pay Limited to include services such as lounge access, visa support, and airport transfers in the GlobalPay ecosystem.

Investor Takeaway for DreamFolks Services

The announcement by DreamFolks Services Limited to acquire Ten 11 Hospitality LLP marks a positive step in the company’s growth journey. This acquisition is expected to enhance its physical infrastructure and strengthen its presence across key railway stations in India. The development has boosted investor confidence, reflected in the upward movement of the company’s share price following the news.

REF: https://nsearchives.nseindia.com/corporate/DREAMFOLKS24_08102025125939_DFSL_Int_Press_release_TCC_Signed.pdf

https://nsearchives.nseindia.com/corporate/DREAMFOLKS24_08102025145757_DFSL_Intimation_Business_update_signed.pdf

https://nsearchives.nseindia.com/corporate/DREAMFOLKS24_10112025111002_Reg_30_Intimation_final-signed.pdf

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