Arkade Developers Limited IPO

BSE, NSEClosed

Check Allotment

Sep 16, 2024Open Date

Sep 19, 2024Close Date

TBAAllotment Date

Sep 24, 2024Listing Date

Subscription Details

View Subscription Details

QIB163.16x

Retail49.81x

NIIs (Non-Institutional Investors)Main Category

162.35x

↳ NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

160.65x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

165.75x

Overall Subscription

Total Bids Received

105.89x

Updated: 10 Jul, 06:09 pm

Arkade Developers Limited IPO Issue Details

Issue Price₹121-128 Per Equity Share

Face Value₹10 Per Equity Share

Fresh Share3,20,31,250 shares(aggregating up to ₹410 crore)

Listing AtBSE, NSE

Listing DateSep 24, 2024

RegistrarBigshare Services Pvt Ltd

Reservation Details

Category	Shares Offered	%
NII	47,81,250	15%
QIB	63,75,000	20%
Anchor	95,62,500	30%

Valuations

EPS (Pre-IPO)

7.99

EPS (Post-IPO)

6.61

P/E (Pre-IPO)

16.01

P/E (Post-IPO)

19.35

RoNW

46.90%

PAT Margin

19.35%

P/B Value

6.02

Financial Information (₹ in Crores)

Metric	FY 24	FY 23	FY 22
Total Assets	575.01	555.41	369.97
Total Revenue	635.71	224.01	237.18
Profit After Tax	122.81	50.77	50.84
Net Worth	323.4	200.32	149.5

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1Funding is part of the costs to be incurred in developing the Ongoing Projects (viz. Arkade Nest, Prachi CHSL, and C-Unit) (Funding Development Expenses).
2Funding acquisition of yet-to-be-identified land for real estate projects and general corporate purposes.