Arkade Developers Ipo GMP

Arkade Developers IPO GMP (Grey Market Premium ) appears strong as investor interest is expected to be high due to positive market sentiment. The company’s IPO GMP, Kostak rates, and Subject to Sauda rates are important indicators of unofficial demand for the shares before listing. The GMP reflects how much investors are willing to pay for the shares in the grey market, while the Kostak rate represents the premium earned by selling an IPO application in the grey market. Stay tuned for the latest GMP updates as the subscription progresses.

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Arkade developers ipo gmp

Arkade Developers IPO Overview

Arkade developers ipo process Schedule

Arkade developers ipo minimum & Maximum Investment

Arkade Developers IPO Overview

Arkade Developers is a Mumbai-based real estate company primarily focused on residential projects and redevelopment within the Mumbai Metropolitan Region (MMR). Established with a vision of delivering quality housing, Arkade has built a reputation for its modern design and customer-centric approach. The company is known for its strong presence in the luxury and affordable housing segments. Arkade Developers has completed several notable projects, maintaining a robust financial standing, which has contributed to its growing portfolio in the competitive real estate sector.

Arkade Developers has successfully completed a range of residential and redevelopment projects, primarily in the Mumbai Metropolitan Region (MMR). Their portfolio includes both luxury and affordable housing projects, known for their modern designs and adherence to high construction standards. Some of their prominent completed projects are Arkade Earth, a large residential project in Kanjurmarg, and Arkade Art, which showcases premium living spaces.

Currently, the company has multiple ongoing projects in key areas of Mumbai, including developments in Borivali, Goregaon, and Mira Road, focusing on urban redevelopment and residential expansion.

Arkade developers IPO GMP

Date	IPO GMP
Today	60
13th September	55
12th September	50

Schedule for the initial public offering (IPO) process of Arkade developers.

Particulars	Details
IPO Open Date	September 16, 2024
IPO Close Date	September 19, 2024
Face Value	₹10 Per Equity Share
Price Band	₹121 to ₹128 Per Share
Issue Size	Approx ₹410 Crores
Fresh Issue	Approx ₹410 Crores
Offer for Sale	To be announced
Issue Type	Book Built Issue
Listing	BSE & NSE
Retail Quota	Not more than 35%
QIB Quota	Not more than 50%
NII Quota	Not more than 15%

IPO Process Schedule:

• Open Date – September 16, 2024
• Close Date – September 19, 2024
• Allotment: September 20, 2024
• Refunds: September 23, 2024
• Credit to Demat Accounts: September 24, 2024

Arkade developers ipo minimum & Maximum Investment

For the Arkade Developers IPO, the minimum investment is based on a lot size of 110 shares. At the upper price band of ₹128 per share, the minimum investment would be ₹14,080 (110 shares x ₹128).

There is no official maximum investment limit set by the company, but retail investors can apply for up to 13 lots in one application. This means the maximum investment for retail investors would be approximately ₹1,83,040 (1,430 shares x ₹128).