Listed Price₹175.00
Listing Gain+36.72%
Price Band₹121 - ₹128
Lot Size110 shares
Min Bid₹14,080
Subscription113.48x
Listed Market Snapshot
₹175.00Listed price from market data
+36.72%listing gain
Issue Amount
₹410 Cr
Listed Price
₹175.00
Current Price
₹114.25
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open16 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024
Quota Reservation Portions
QIBPortion: 63,75,000 shares
28.36%HNIPortion: 47,81,250 shares
21.27%RetailPortion: 1,11,56,250 shares
49.64%EmployeePortion: 1,62,602 shares
0.72%Minimum Application Bracket Matrix
Retail1 lots / 110 shares
₹14,080sHNI15 lots / 1,650 shares
₹2,11,200bHNI72 lots / 7,920 shares
₹10,13,760About the Company
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.
Company Promoters
Mr. Amit Mangilal Jain
Lead Managers
Registrar
Bigshare Services Private Limited