On November 10, 2025, Dreamfolks Services Limited announced that its Board of Directors had approved an investment of up to ₹11.46 crore to acquire a 50.01% partnership stake in Ten 11 Hospitality LLP.
Upon completion, the hospitality firm will become a subsidiary of Dreamfolks Services, marking a key move in its strategic expansion.
The acquisition of Ten 11 Hospitality LLP is aimed at consolidating Dreamfolks’ presence across India’s growing travel and hospitality sector. Ten 11 Hospitality, incorporated on September 11, 2021, operates premium lounges primarily at railway stations.
Through this deal, Dreamfolks plans to enhance its control over the physical infrastructure used in its railway lounge operations, thereby improving customer experience and operational efficiency.
As per the company’s filing with stock exchanges, the transaction was approved during a board meeting held on November 10, 2025, which commenced at 9:30 AM and concluded at 10:53 AM.
The total cash consideration for the acquisition amounts to ₹11.46 crore, to be settled entirely through online banking channels. The investment involves the purchase of a 50.01% partnership stake from the existing partners of Ten 11 Hospitality LLP, making the latter a subsidiary of Dreamfolks Services.
The target entity reported a turnover of ₹8,65,83,007.38 for FY 2024-25, reflecting a strong growth trend from ₹2,14,79,081.44 in FY 2023-24 and ₹59,87,685.95 in FY 2022-23.
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This acquisition aligns with Dreamfolks’ broader objective of strengthening its value chain in travel-related services. By taking over one of its key partners, the company aims to optimise operational control and expand its service offerings in the hospitality domain.
The move is expected to support the company’s ongoing efforts to build a seamless travel experience ecosystem for passengers.
The company stated that the acquisition is expected to be completed within approximately 15 days, subject to customary formalities.
No additional governmental or regulatory approvals are required for this transaction. Ten 11 Hospitality will continue to operate in India under the new ownership structure.
On November 10, 2025, Dreamfolks Services share price opened at ₹122.00 on NSE, below the previous close of ₹122.11. During the day, it surged to ₹140.42 and dipped to ₹121.38. The stock closed at ₹134.68 by the end of the day. The stock registered a significant gain of 10.29%.
Over the past week, it has moved up by 5.70%, over the past month, it has moved up by 6.59%, and over the past 3 months, it has declined by 2.12%.
Dreamfolks Services’ ₹11.46 crore acquisition of a 50.01% stake in Ten 11 Hospitality LLP marks a significant step in fortifying its footprint within India’s railway lounge segment. This strategic investment will enable the company to gain greater control over its service infrastructure, paving the way for enhanced growth and integration across the hospitality network.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Nov 10, 2025, 5:39 PM IST
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