Arkade Developers

Arkade Developers Limited - IPO

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Arkade Developers IPO Details

Open Date
16 Sep 2024
Close Date
19 Sep 2024
Listing Date
24 Sep 2024
Issue Price
₹121 - ₹128
Face Value
₹10 per share
Lot Size
110
GMP
₹63 (49.2%)
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
15,36,26,016
Share holding post issue
0
Total Issue Size
3,20,37,601 shares (aggregating up to ₹410.00 Cr)
Fresh Issue
3,20,37,601 shares (aggregating up to ₹410.00 Cr)
Offer for Sale
-

Arkade Developers IPO Subscription

Arkade Developers IPO Application Wise Breakup (Approx)

Arkade Developers IPO Dates

  • 16 Sep 2024
    Opening dateOPD
  • 19 Sep 2024
    Closing dateCOD
  • 20 Sep 2024
    Basis of AllotmentBOA
  • 23 Sep 2024
    Initiation of RefundsIOR
  • 23 Sep 2024
    Credit of SharesCOS
  • 24 Sep 2024
    Listing dateLID

Arkade Developers IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum1110₹14,080
Retain Maximum141540₹197,120
SHNI Minimum151650₹211,200
SHNI Maximum717810₹999,680
BHNI Minimum727920₹1,013,760

Arkade Developers IPO Reservation

Promoter Holding

Pre Issue:85.58%
Post Issue:70.8%
Promoter Names:
Mr. Amit Mangilal Jain

Arkade Developers IPO Valuations

ROE:46.90%
ROCE:47.34%
Debt/Equity:0.21
RoNW:46.90%
PAT Margin (%):19.35

Arkade Developers Limited Financial Information

Arkade Developers Limited's revenue increased by 184% and profit after tax (PAT) rose by 142% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets575.01555.41369.97
Revenue635.71224.01237.18
Profit After Tax122.8150.7750.84
Net Worth323.4200.32149.5
Reserves and Surplus171.4198.32147.49
Total Borrowing69.4114964.41
Amount in ₹ Crore

About Arkade Developers IPO

    Strength Of Arkade Developers IPO

    Risk Of Arkade Developers IPO

    Objectives Arkade Developers IPO

    1. 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); and
    2. Funding acquisition of yet-to-be-identified land for real estate projects and general corporate purposes.

    Company Contact Details

    Arkade Developers Limited
    Arkade House, Opp. Bhoomi Arkade,
    Near Children?s Academy, A S Marg, Ashok Nagar,
    Kandivali (East), Mumbai - 400101
    Phone: +91 22 2887474
    Email: cs@arkade.in
    Website: http://www.arkade.in/

    Registrar Contact Details

    Name: Bigshare Services Pvt Ltd
    Phone: +91-22-62638200

    Lead Mangers

    1. Unistone Capital Pvt Ltd

    Comments