Arkade Developers IPO

Arkade Developers Ltd

₹13,310 /110 sharesMinimum Investment

Arkade Developers IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE₹128.00₹175.00₹47.00 (36.72%)

Arkade Developers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
16 Sep ‘24 - 19 Sep ‘24₹13,310110₹121 - ₹128
Issue SizeIPO Doc
410.00Cr
RHP PDF

Subscription rate

As of 19 Sep'24, 05:00 PM
Qualified Institutional Buyers105.31x
Non-Institutional Investor134.86x
Retail Individual Investor46.22x
Employees42.35x
Total81.81x

About Arkade Developers

Arkade Developers is a real estate development company. It is primarily involved in developing premium residential properties in Mumbai, Maharashtra. The company’s business activities can be divided into two categories: the development and construction of new residential projects on land acquired by the company and the redevelopment of existing properties. As of June 30, 2024, the company had developed 2.20 million square feet of residential property (including through partnership entities in which it holds the majority stake). Between 2017 and Q1 2024, the company has launched 1,220 residential units and sold 1,045 residential units in different markets in MMR, Maharashtra.;
Founded in
1986
Managing director
Mr. Amit Mangilal Jain
Parent organisation
Arkade Developers Ltd

Strengths & Financials of Arkade Developers

Strengths
Risks
Starting off with the construction of standalone residential buildings, the company has diversified, and its current portfolio includes gated communities such as Arkade Nest, Arkade Aspire, Arkade Prime, and Arkade Aura.
Arkade Developers claims to have expanded its in-house capabilities, due to which it can now oversee every phase of project development—from conceptualisation to completion—covering land acquisition, legal matters, construction, and marketing and sales.
The company has also established an integrated project management team in-house, focusing on improving procurement processes, vendor selection, and managing construction activities.

Arkade Developers Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Arkade Developers IPO

Apply asPrice bandApply upto
Regular121 - 128₹2 Lakh
Employee116 - 123₹2 Lakh
High Networth Individual121 - 128₹2 - 5 Lakh
For Arkade Developers IPO, eligible investors can apply as Regular & Employee.
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