Dreamfolks Services, a leading travel services provider, has taken a strategic step to broaden its international footprint by acquiring a 60.24% stake in ETT Solutions DMCC for Rs 36 crore. This investment establishes ETT Solutions as a foreign subsidiary, positioning Dreamfolks to tap into global travel service markets.
Details of the Acquisition
- Investment Amount: Rs 36 crore
- Stake Acquired: 60.24%
- Target Company: ETT Solutions DMCC
- Resulting Status: Foreign subsidiary of Dreamfolks Services
This move aligns with the company’s strategy to reach international clientele and strengthen its presence in the global travel services sector.
Strategic Implications
The acquisition allows Dreamfolks Services to:
- Expand operations internationally
- Access a diverse portfolio of global clients
- Enhance competitiveness in the travel services market
By converting ETT Solutions into a foreign subsidiary, the company gains flexibility to operate and grow in overseas markets.
Financial Context
Dreamfolks Services has shown consistent growth, providing a strong foundation for the acquisition:
| Financial Metric | FY2025 (Mar) | FY2024 (Mar) | YoY Change |
| Total Assets | Rs 503.7 crore | Rs 418.6 crore | +20.33% |
| Current Assets | Rs 470.1 crore | Rs 397.1 crore | +18.38% |
| Investments | Rs 91.6 crore | Rs 45.4 crore | +101.76% |
| Total Equity | Rs 305.8 crore | Rs 237.1 crore | +28.98% |
The financial strength underpins the company’s ability to pursue global expansion and strategic acquisitions.
Summary
Dreamfolks Services has invested Rs 36 crore to acquire a 60.24% stake in ETT Solutions DMCC, making it a foreign subsidiary. This strategic move aims to expand the company’s global footprint, access international clientele, and strengthen its position in the travel services sector, supported by a strong balance sheet and growing investment base.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
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