The Arkade Developers IPO Subscription opened on Monday, September 16, 2024, and will close on September 19, 2024. The IPO aims to raise approximately ₹410 crores. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for Non-Institutional Investors (NIIs). The price band is set between ₹121 and ₹128 per equity share.
The Arkade Developers IPO has a minimum market lot of 110 shares, with an application amount of ₹14,080. This IPO is a Mainline IPO and will be listed on both the BSE and NSE.
Arkade Developers Limited is one of Mumbai’s leading real estate firms. Initially focused solely on building projects, the company now develops several gated community projects, including Arcade Nest, Arcade Prime, Arcade Crown, Arcade Aspire, and Arcade Aura. To date, Arkade Developers has completed 27 projects, totaling over 4 million sq ft and serving more than 4,000 customers. Currently, they are working on five ongoing projects and have two upcoming projects, which will cover an additional 2 million square feet. Known for its strong brand recognition and customer focus, Arkade Developers has garnered significant popularity throughout the Maharashtra region.
Check Latest GMP of Arkade Developers IPO : Click Here
Arkade Developers IPO Subscription Status – Day 1
| Category | Day 1 |
| QIB | 0.25 |
| NII | 8.39 |
| bNII | 5.92 |
| sNII | 13.34 |
| RII | 8.66 |
| Total | 6.26 |
Arkade Developers IPO Subscription Status – Day 2
| Category | Day 2 |
| QIB | 0.47 |
| NII | 29.95 |
| bNII | 23.11 |
| sNII | 43.64 |
| RII | 21.3 |
| Total | 17.35 |
Arkade Developers IPO Investor Categories:
Qualified Institutional Buyers (QIBs): Financial Institutions, Banks, Foreign Institutional Investors (FIIs), and Mutual Funds
Non-Institutional Investors (NIIs): Individual Investors, Non-Resident Indians (NRIs), Companies, Trusts, etc.
Retail Individual Investors (RIIs): Retail Individual Investors or NRIs
Employees (EMP): Eligible Employees
Others: Eligible Shareholders
Arkade Developers IPO Review:
recommendation: Apply
Arkade Developers IPO Application Process:
To apply for the Arkade Developers IPO, you can use the ASBA facility through your bank account. Simply log in to your online banking portal, select the Arkade Developers IPO in the Invest section, and apply. Alternatively, you can download the IPO form from the official website, fill it out, and submit it to your bank or broker.
Arkade Developers IPO Subscription Status FAQs:
When does the Arkade Developers IPO subscription start?
The IPO subscription began on September 16, 2024, for Non-Institutional Investors (NIIs) and Retail Investors.
How to subscribe to the Arkade Developers IPO?
You can subscribe using ASBA or Non-ASBA methods. Apply online via ASBA through your bank account, or download and submit the IPO form to your broker or bank.
How do I check the live Arkade Developers IPO subscription numbers?
Visit our portal for hourly updates on the IPO subscription numbers. You can also check live subscription details on the official IPO page of the respective websites.
How to apply for the Arkade Developers IPO through Zerodha?
Log in to Console on the Zerodha website or app. Go to Portfolio and click on IPO. Select “Arkade Developers,” click on the Bid button, enter your UPI ID, quantity, and price, and submit the application form. Approve the mandate through your UPI app or Net Banking.
How to apply for the Arkade Developers IPO through Upstox?
Log in to the Upstox app with your credentials. Select the IPO “Arkade Developers,” click on the Bid button, confirm your application, and approve the mandate through your UPI app or Net Banking.
How to apply for the Arkade Developers IPO through Paytm Money?
Log in to the Paytm Money app with your credentials. Select the IPO “Arkade Developers,” click on the Bid button, confirm your application, and approve the mandate through your UPI app or Net Banking.
