Arkade Developers IPO

Arkade Developers IPO Review, Price, Allotment Details

The Arkade Developers IPO has already concluded. Here’s a summary of the key details:

IPO Date: September 16, 2024 to September 19, 2024  

Price Band: ₹121 to ₹128 per share  

Allotment Date: September 20, 2024  

Listing Date: September 24, 2024  

Review:

The Arkade Developers IPO was a successful offering, receiving strong demand from investors. The company raised ₹410 crore through the issue. It was primarily a fresh issue, with no offer for sale component.  

Allotment Details:

The allotment status for the IPO can be checked on the BSE website or through the official portal of the IPO registrar, Bigshare Services. Successful bidders will have the shares credited to their demat accounts, while those who were not allocated shares will receive refunds.  

Additional Information:

  • The company plans to use the proceeds of the IPO to fund its growth plans, including land acquisition, development projects, and working capital requirements.  
  • Arkade Developers is a real estate development company based in India. It has a focus on residential and commercial projects.  
  • The IPO was listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).  

Note: This information is based on publicly available data and may not be entirely comprehensive. It’s always recommended to consult with a financial advisor before making any investment decisions.Sources and related content


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