Stay updated with the latest Arkade Developers IPO GMP, Kostak rates, and Subject to Sauda rates. As of now, the GMP for Arkade Developers IPO has not begun. Keep checking for the latest GMP figures and updates.
The Arkade Developers IPO is set to open on September 16, aiming to raise ₹410 crores through a mainline IPO. The price band for the IPO is fixed between ₹121 and ₹128, with a minimum lot size of 110 shares.
Arkade Developers Limited, one of the leading real estate firms in Mumbai, Maharashtra, initially focused solely on building projects. Today, the company is involved in several gated community developments, including Arkade Nest, Arkade Prime, Arkade Crown, Arkade Aspire, and Arkade Aura. To date, Arkade Developers has completed 27 projects, covering over four million square feet and serving more than 4,000 customers.
The last recorded GMP for the Arkade Developers IPO is ₹63, updated on September 14, 2024, at 01:57 PM. With a price band of ₹128, the estimated listing price is ₹191 (cap price + today’s GMP), reflecting an expected gain of 49.22% per share.
Retail Subject to Sauda: ₹5,300
Small HNI Subject to Sauda: ₹79,500
We provide daily updates on the GMP. Over the last nine sessions, the grey market activity has trended upward, indicating a potentially strong listing. The GMP has ranged from a low of ₹0 to a high of ₹63. Stay tuned for daily updates on the Arkade Developers IPO GMP and its expected listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Arkade Developers IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 14-09-2024 | 128 | ₹63 | 5300/79500 | ₹191 (49.22%) |
| 13-09-2024 | 128 | ₹63 | 5300/79500 | ₹191 (49.22%) |
| 12-09-2024 | 128 | ₹63 | 5300/79500 | ₹191 (49.22%) |
| 11-09-2024 | 128 | ₹48 | 4000/60000 | ₹176 (37.5%) |
| 10-09-2024 | 128 | ₹48 | 4000/60000 | ₹176 (37.5%) |
| 09-09-2024 | ₹0 | — | ₹ (0%) | |
| 08-09-2024 | ₹0 | — | ₹ (0%) | |
| 07-09-2024 | ₹0 | — | ₹ (0%) | |
| 06-09-2024 | ₹0 | — | ₹ (0%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) represents the price at which an IPO trades in the unofficial grey market before its official listing. GMP provides an indication of how the IPO might perform on its listing day. A positive GMP suggests that the IPO is expected to trade at a premium, while a negative GMP implies it may trade at a discount.
It’s important to note that GMP can be highly volatile, and making investment decisions based solely on GMP can be risky. Before investing in the Arkade Developers IPO, consider all relevant factors and make an informed decision.
Arkade Developers IPO Dates
Stay updated with the latest information on Arkade Developers IPO dates. Updates will be provided as they are announced.
| IPO Activity | Date |
| IPO Open Date | 16-09-2024 |
| IPO Close Date | 19-09-2024 |
| Basis of Allotment | 20-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 23-09-2024 |
| Credit of Shares | 23-09-2024 |
| to Demat Account* | |
| IPO Listing Date* | 24-09-2024 |
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
