Dreamfolks Services Limited , a key player in the Indian hospitality sector, has announced a significant strategic move by acquiring a majority stake in Ten11 Hospitality LLP. This acquisition marks a notable expansion in Dreamfolks' business operations, particularly in the railway lounge service segment.

Acquisition Details

Dreamfolks Services has successfully completed the acquisition of a 50.01% partnership stake in Ten11 Hospitality LLP from its existing partners. This move, disclosed to the BSE and NSE on November 10, 2025, transforms Ten11 Hospitality LLP into a subsidiary of Dreamfolks Services.

Financial Aspects of the Deal

The acquisition involves a substantial investment by Dreamfolks Services:

About Ten11 Hospitality LLP

Ten11 Hospitality LLP, the acquired entity, brings valuable assets to Dreamfolks Services:

Financial Performance of Ten11 Hospitality LLP

The acquired company has shown significant growth in its turnover over the past three years:

Strategic Implications

This acquisition aims to consolidate and strengthen Dreamfolks' value chain, particularly in its existing railway lounge service operations. The company expects this move to provide physical infrastructure and assets at key railway stations for lounge services, with potential for expanding into other railway-related services.

Regulatory Compliance

The acquisition has been conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dreamfolks Services has confirmed that this transaction does not fall under related party transactions, and no governmental or regulatory approvals were required for the acquisition.

This strategic move by Dreamfolks Services represents a significant step in expanding its footprint in the hospitality sector, particularly in railway-related services. The acquisition of Ten11 Hospitality LLP, with its focus on premium lounges, aligns well with Dreamfolks' existing business model and may potentially open new avenues for growth in the railway hospitality segment.

Dreamfolks Services Limited , a company known for its airport lounge access services, has announced a strategic move to expand its presence in the railway hospitality sector. The company's Board of Directors has approved a proposal to invest up to INR 11.46 crore to acquire a 50.01% partnership stake in Ten11 Hospitality LLP, a firm specializing in operating premium lounges.

Acquisition Details

The acquisition is expected to be completed within approximately 15 days and will be executed through cash consideration settled via online banking channels. Upon completion, Ten11 Hospitality LLP will become a subsidiary of Dreamfolks Services.

Strategic Rationale

This move aims to consolidate and strengthen Dreamfolks' value chain over its existing railway lounge service operations. By acquiring one of its key current service partners, Dreamfolks seeks to enhance its capabilities in providing physical infrastructure and assets at key railway stations for lounge services.

Ten11 Hospitality LLP: A Snapshot

Financial Performance

Ten11 Hospitality LLP has shown significant growth in its turnover over the past three financial years:

The substantial increase in turnover, particularly in FY 2024-25, indicates a robust growth trajectory for Ten11 Hospitality LLP.

Regulatory Compliance

Dreamfolks Services has confirmed that this acquisition does not fall within related party transactions, and no promoter group companies have any interest in Ten11 Hospitality LLP. The company has made the necessary disclosures in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Looking Ahead

This strategic acquisition positions Dreamfolks Services to potentially expand its service offerings in the railway sector. As the company integrates Ten11 Hospitality LLP's operations, investors and industry observers will be keen to see how this move enhances Dreamfolks' market position and financial performance in the coming quarters.

Dreamfolks Services Limited is scheduled to hold a Board Meeting on November 14, 2025, to consider and approve the Unaudited Financial Results for the quarter and half year ended September 30, 2025. This upcoming financial disclosure may provide further insights into the company's performance and the potential impact of this acquisition on its overall business strategy.