IPO Trending
ARKADEEQ / NSE, BSEListed
ARKADE DEVELOPERS

Arkade Developers Limited, originally incorporated in May 1986 and later converted into a public company in July 2023, is a real estate developer focused mainly on residential projects and redevelopment work in the Mumbai Metropolitan Region (MMR). The company is known for high-quality construction and timely project delivery, which has helped build strong trust among homebuyers. Over the years, Arkade has expanded across multiple key locations in Mumbai and offers a variety of residential options. Its projects are known for modern designs, sustainable construction practices, and compliance with all necessary regulatory standards.

DRHPANCHOR
₹121 - ₹128113.48x sub
Listed Price₹175.00
Listing Gain+36.72%

IPO Schedule & Timeline

Bookbuilding IPO
Open16 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB63,75,000 shares
28.36%
HNI47,81,250 shares
21.27%
Retail1,11,56,250 shares
49.64%
Employee1,62,602 shares
0.72%

Minimum Application Lots

Retail1 Lot (110 shares)
₹14,080
sHNI15 Lots (1,650 shares)
₹2,11,200
bHNI72 Lots (7,920 shares)
₹10,13,760

Company Promoters

Mr. Amit Mangilal Jain

Company Background

Arkade Developers Limited, originally incorporated in May 1986 and later converted into a public company in July 2023, is a real estate developer focused mainly on residential projects and redevelopment work in the Mumbai Metropolitan Region (MMR). The company is known for high-quality construction and timely project delivery, which has helped build strong t...

Lead Managers & Bankers

Unistone Capital Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹635.71 Cr
Growth+168.0%
Revenue Trend (₹ in Crores)
0.0243.7487.4731.1Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-24635.71122.81575.01 69.41
Mar-23224.0150.77555.41149
Mar-22237.1850.84369.9764.41

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 8.0846.90%47.34%16.0119.35
Mar-23 3.3429.02%24.30%00
Mar-223.3440.90%46.17%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
20 Sep 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
24 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for ARKADE DEVELOPERS. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Sep 2024Trading commences on exchange

How to Check ARKADE DEVELOPERS Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select ARKADE DEVELOPERS from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About ARKADE DEVELOPERS IPO

Complete issue overview for ARKADE DEVELOPERS (ARKADE) IPO. The issue features an equity share price band of ₹121 – ₹128 per share with a minimum retail lot size of 110 Shares (minimum application amount of ₹14,080). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions