The details about the Arkade Developers Limited IPO are as:
- The issue size of the IPO is 410 Cr.
- The price band for Arkade Developers Limited IPO is Rs 121 to Rs 128.
- The shares of Arkade Developers Limited IPO will list on 24th September 2024.
- The latest tentative GMP of Arkade Developers Limited IPO is Rs 85.
- The shares of Arkade Developers Limited IPO are subscribed 113.45 Times as of 19th September 2024.
Arkade Developers Limited IPO Valuation
The approx valuation of Arkade Developers Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 128 |
| Existing Shares (Qty) |
15.36 Cr |
| Fresh Issue |
410 Cr |
| Market Cap |
2376.08 Cr |
| EPS (FY23) |
Rs 8.08 |
| PE Ratio |
15.84x |
| Industry PE |
76.44x |
Arkade Developers Limited IPO Issue Size
Arkade Developers Limited IPO issue size is 410 Cr.
| Issue |
Amount |
| Fresh Issue |
410 Cr |
| Offer For Sale |
0 Cr |
Arkade Developers Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 110 shares and a maximum of 14 lots of 1540 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
110 |
Rs 14,080 |
| Maximum |
13 |
1540 |
Rs 1,97,120 |
Arkade Developers Limited IPO share offer
The shares of Arkade Developers Limited IPO are subscribed 113.45 Times as of 19th September 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
172.60 Times |
| Non-Institutional |
Minimum 15% |
172.20 Times |
| Retail Individual |
Minimum 35% |
53.70 Times |
| Total |
|
113.45 Times |
Find below the dates for Arkade Developers Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
20 September 2024 |
| Refunds |
23 September 2024 |
| Credit to Demat Account |
23 September 2024 |
| IPO Listing Date |
24 September 2024 |
Check allotment status