Arkade Developers IPO
ListedArkade Developers IPO Details
-
Bidding Date
16-Sep-2024 to
19-Sep-2024 -
Issue Size
₹410 Cr
-
Price Band
₹121 to ₹128
-
Allotment date
20-Sep-2024
-
Listing date
24-Sep-2024
-
Lot size
110
-
No. of shares
3,20,31,250
-
Fresh issue/OFS
₹410 Cr /--
About Arkade Developers Company
Established as a company in redevelopment projects, Arkade Developers Ltd has completed numerous projects since its inception, benefiting from the family’s real estate legacy dating back to 1986. The company operates in two main categories: the development of new residential projects and the redevelopment of existing premises. Its focus on premium budget, aesthetically designed homes with lifestyle amenities has led to the completion of 28 projects over the past two decades, totaling over 4.5 million square feet of developed space. The company primarily operates in Mumbai, one of India’s most expensive real estate markets, with a significant presence in the western suburbs, including Borivali West, Goregaon East, and Santacruz West. It has successfully completed 10 redevelopment projects in the western suburbs and 1 project in south-central Mumbai.
Read our in-depth analysis of the Arkade Developers Ltd IPO Here
Subscription Status
-
Category
Status
-
QIBs
163.2x
-
NIIs
162.4x
-
Retail
49.8x
-
Others
48.8x
-
Total
105.9x
FAQs for Arkade Developers IPO.
What is the issue size of Arkade Developers IPO?
The issue size of Arkade Developers is ₹410.00 Cr.
What is the industry of Arkade Developers?
Arkade Developers falls into Real Estate Management & Development industry.
Where Arkade Developers IPO will be listed?
The Arkade Developers IPO will be listed on both NSE and BSE.
What are the open and close dates for the Arkade Developers IPO?
The open and close dates for the Arkade Developers are 16-Sep-2024 & 19-Sep-2024.
What are the price band for Arkade Developers IPO?
The price band for the Arkade Developers ipo is ₹121 to ₹128
What is the listing date of Arkade Developers IPO?
The listing date of Arkade Developers IPO is 24-Sep-2024.
What is the purpose for the Arkade Developers IPO?
The purpose of this IPO is to raise fresh capital.
How much times Arkade Developers IPO subscribed?
Arkade Developers total subscription ratio is 105.9X.
What are the key financials for the Arkade Developers IPO?
Key financial of the Arkade Developers are:
| Arkade Developers | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 634.74 | 220.15 | 228.94 |
| EBIT (₹ Cr) | 166.3 | 66.64 | 54.37 |
| Proft after Tax (₹ Cr) | 122.91 | 50.77 | 50.84 |
| Debt (₹ Cr) | 69.41 | 149 | 64.41 |
| Net Worth (₹ Cr) | 323.63 | 200.37 | 149.3 |
| RoE (%) | 37.98 | 25.34 | 34.06 |