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IPO Snapshot
Arkade Developers Ltd.
Issue Open Date 16-Sep-24  
Issue Closing Date 19-Sep-24  
Application Money 100  
Allotment Money  
Price Band 121 - 128  
Minimum Bid Quantity. 110  
Issue Size (Shares) 23775719  
Market Lot 1  
Objective :
1. Funding a part of the costs to be incurred in the development of our Ongoing Projects (viz. Arkade Nest), and our Upcoming Projects (Funding Development Expenses); and2. Funding acquisition of yet-to-be identified land for real estate projects and general corporate purposes,
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   5057852   824536460   163.02  
Qualified Institutional Buyers   6743800   1100300410   163.16  
Retail Individual Investors   6743800   1100300410   163.16  
Business Description
We are a real estate development Company concentrating on the development of premium aspirational lifestyle residentialpremises in Mumbai, Maharashtra, India’s commercial capital. Our business can broadly be classified into two categories: (i)development / constructi...
Promoter's Holding
Total Share Capital   131479848  
Offered to Public   23775719  
Promoter's Holding (Pre-Issue)   85.58  
Promoter's Holding (Post-Issue)    
More
Address
Arkade House
Opp. Bhoomi Arkade
Near Children’s Academy
A S Marg
Ashok Nagar
Kandivali (East)
Mumbai ,
Maharashtra ,
400101
Phone : 022-28874742
Email : cs@arkade.in
Website : www.arkade.in
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
Unistone Capital Pvt Ltd.
Promoters
Amit Mangilal Jain
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