74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Arkade Developers IPO (Arkade Developers Limited IPO) Detail

Arkade Developers IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 410.00 Cr. The company is based in Mumbai and caters to Real Estate sector. Unistone Capital is the merchant banker of Arkade Developers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st August 2023.

Arkade Developers IPO open date is 16th September 2024 and close date is 19th September 2024. IPO Allotment Date is 20th September 2024 and Listing date is 24th September 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 410.00 Cr. Avg IPO Size (Sector Based) : ₹ 1,195.37 cr.
  • Sector: Real Estate IPO so far: 28
  • Merchant Banker: Unistone Capital IPO by BRLM so far: 13
  • City: Mumbai IPO so far: 184
  • Revenue (annualised): ₹ 635.71 cr.
            PAT: (annualised): ₹ 122.81 cr. Read Financial Information >>
  • PE Ratio: 19.35x Average Sector PE Ratio: 14.86x

Arkade Developers IPO Date

Date of DRHP:
31st August 2023
IPO Open Date:
16th September 2024
IPO Close Date:
19th September 2024
IPO Allotment Date:
20th September 2024
Initiation of Refund:
23rd September 2024
IPO Listing Date:
24th September 2024

Arkade Developers IPO Info, Size, Subscription

Arkade Developers IPO size is ₹ 410.00 Cr. with IPO price of ₹ 128.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 410.00 Cr.

Issue Price:
₹ 128.00

Market Capitalisation :
₹ 2376.41 Cr.

PE multiple :
19.35

Subscription :
113.49 times

Pre Issue Promoter Holding :
85.58 %

Post Issue Promoter Holding :
70.82 %

Arkade Developers IPO Information

Sub Sector : focused on developing high-end, sophisticated lifestyle residential developments
Arkade Developers Limited is a fast-growing real estate development firm with a significant presence in Mumbai, Maharashtra (Source: Anarock Report). Its operations focus on the development of premium, aspirational lifestyle residential properties in Mumbai, India's commercial capital. As of July 31, 2023, the company has developed 1.80 million square feet of residential property, including through partnership entities in which it holds a majority stake. The company is engaged in the development of new projects and the redevelopment of existing properties. Between 2017 and Q1 2023, it launched 1,040 residential units and sold 792 units in different markets in the MMR, Maharashtra. The company has built a successful track record of completing projects on time, with 9 redevelopment projects completed in the western suburbs of
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Object of Issue (Arkade Developers IPO Objectives)

  • Funding is part of the costs to be incurred in developing the Ongoing Projects (viz Arkade Nest, Prachi CHSL, and C-Unit) Funding Development Expenses
  • Funding acquisition of yet-to-be-identified land for real estate projects
  • General corporate purposes

Unistone Capital Private Limited is the book-running lead manager of the Arkade Developers IPO. Bigshare Services Private Limited is the Registrar for Arkade Developers IPO.

Arkade Developers IPO Registrar (RTA)

Bigshare Services Private Limited

Arkade Developers IPO Lead Manager (BRLM)

Unistone Capital Private Limited

Arkade Developers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Arkade Developers IPO?

Arkade Developers IPO, based in Mumbai, operates in the   Real Estate sector with a focus on focused on developing high-end, sophisticated lifestyle residential developments. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Arkade Developers IPO size is ₹ 410.00 Cr. with fresh issue size of ₹ 410.00 Cr. and Offer for sale being ₹ Nil

When is Arkade Developers IPO allotment?

The IPO allotment date for Arkade Developers IPO is expected to be 20th September 2024, after the finalization of basis of allotment. Investors can check Arkade Developers IPO allotment status on the registrars website, Bigshare Services Private Limited . Arkade Developers IPO refund dates are 23rd September 2024.

When is Arkade Developers IPO listing date?

Arkade Developers IPO is expected to be listed on 24th September 2024.

What is the price band for Arkade Developers IPO?

The upper price band for the Arkade Developers IPO is set at ₹ 128.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Arkade Developers IPO Review?

For IPO analysis on Arkade Developers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Arkade Developers IPO?

To apply for the Arkade Developers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th September 2024. After submission, funds are blocked until the basis of allotment of Arkade Developers IPO is finalised.

Who is the merchant banker of Arkade Developers IPO?

The merchant banker for Arkade Developers IPO is Unistone Capital Private Limited . Unistone Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Arkade Developers IPO RHP for further details.

Who is the Registrar of Arkade Developers IPO?

The registrar for Arkade Developers IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Arkade Developers IPO through their official website or helpline.

What is the Arkade Developers IPO subscription?

Arkade Developers IPO was subscribed 113.49 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Arkade Developers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Arkade Developers Financial Review Page

Arkade Developers IPO subscription was 113.49 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Arkade Developers IPO listed at a listing price of 165.85 against the offer price of 128.00.

The current market price of Arkade Developers is 192.03.

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