Arkade Developers Limited
₹14,080(110 Shares)
Minimum Investment
IPO Dates
Sep 16, 2024 – Sep 19, 2024
Price Band
₹121–128 per equity share
Lot Size
110
Listing
Sep 24, 2024
Listing At
BSE, NSE
Arkade Developers Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
105.89x
Arkade Developers Limited IPO Issue Details
- Issue Price
- ₹121-128 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 3,20,31,250 shares(aggregating up to ₹410 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 24, 2024
- Registrar
- Bigshare Services Pvt Ltd
Market Lot Details
Reservation Details
NII
47.81L
QIB
63.75L
Anchor
95.63L
Company Information
Arkade Developers is a real estate development company whose operations are concentrated on the development of premium residential premises in Mumbai, Maharashtra. As of July 31, 2023, they have devel...
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)
* 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.
Arkade Developers Limited – Promoter(s)
Contact Details
Corporate Office
Arkade House, Opp. Bhoomi Arkade, Near Childrens Academy, Kandivali (East), Mumbai - 400101
Arkade Developers Limited Allotment & Registrar Details
Check AllotmentBigshare Services Pvt Ltd
Arkade Developers Limited IPO Documents
Frequently Asked Questions — Arkade Developers Limited IPO
The Arkade Developers Limited IPO price band is set at ₹121.00 to ₹128.00 per equity share.
The lot size for Arkade Developers Limited IPO is 110 shares per lot. The minimum investment amount is approximately ₹14,080.
The Arkade Developers Limited IPO opens on Sep 16, 2024 and closes on Sep 19, 2024.
Arkade Developers Limited IPO is expected to be listed on Sep 24, 2024 on BSE, NSE.
The current GMP for Arkade Developers Limited IPO is ₹61, suggesting an expected listing price of around ₹182.00. Note: GMP is an unofficial market indicator.
The registrar for Arkade Developers Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.
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