Skip to main content
MainBoardListed
ARKADE DEVELOPERS LIMITED Logo

ARKADE DEVELOPERS LIMITED IPO

ARKADE DEVELOPERS LIMITED IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 175.00 (+36.72%)

The Initial Public Offering of ARKADE DEVELOPERS LIMITED's culminated in its successful listing on 24-09-2024 at the NSE, BSE trading platform. The company secured 3,20,37,601 Shares through this capital market exercise, with 3,20,31,250 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹121 to ₹128, with minimum investment requirements of 110 shares. The subscription period from 16-09-2024 to 19-09-2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 20-09-2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

ARKADE DEVELOPERS IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
ARKADE DEVELOPERS IPO Key Performance Indicator
Company Financials ( in Crores )

ARKADE DEVELOPERS IPO About 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.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


ARKADE DEVELOPERS IPO Strength Factors

  1. Prime MMR Locations: Projects located in high-demand areas across the Mumbai Metropolitan Region.
  2. Strong Delivery Record: Proven track record of timely project completion builds credibility and trust.
  3. Experienced Leadership: Seasoned management team with decades of real estate experience drives efficient execution.

ARKADE DEVELOPERS IPO Risk Factors

  1. Market Volatility: Real estate demand can fluctuate with economic conditions, impacting sales and growth.
  2. Regulatory Risks: Changes in real estate rules and compliance norms may delay projects and affect profitability.
  3. High Borrowings: Elevated debt levels may limit financial flexibility and increase risk.

ARKADE DEVELOPERS IPO Lead Manager(s)

  • Unistone Capital Private Limited

ARKADE DEVELOPERS IPO Promoter(s)

  1. Mr. Amit Mangilal Jain

ARKADE DEVELOPERS IPO Company Details

ARKADE DEVELOPERS LIMITED
Phone:
address:

ARKADE DEVELOPERS IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

ARKADE DEVELOPERS IPO FAQs