Exchanges
BSE, NSE
Industry
Residential, Commercial Projects
Issue
Book building

Arkade Developers IPO

₹165.86

+29.58% on listing

Listing-day close · NSE · 24 Sep 2024 · issue price ₹128

Arkade Developers’ ₹410 crore IPO was priced at ₹128 a share. It listed on the NSE on 24 Sep 2024 and closed its first day at ₹165.86, up 29.58% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹410 Cr
Fresh issue
₹410 Cr
Offer for sale
—
Lot size
110 shares
Minimum investment
₹14,080
Face value
₹10
Registrar
Bigshare Services

Subscription

Arkade Developers IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—80.78×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,376 Cr
P/E (post-issue)
19.4
EPS (post-issue)
₹6.61
Price to book
6.0
ROE
46.90%
ROCE
47.34%
Debt to equity
0.21
PAT margin
19.35%
Promoter holding
85.58% → 70.82%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
24 Sep 2024
Issue price
₹128
Open
₹175.00
High
₹190.00
Low
₹164.80
Close
₹165.86

Listing day on the NSE. The close was +29.58% on the issue price.

ARKADE DEVELOPERS share price today

FAQs

When did the Arkade Developers IPO open and close?

It opened on 16 Sep 2024 and closed on 19 Sep 2024.

What was the Arkade Developers IPO price?

The price band was ₹121–128 a share. The final issue price was ₹128.

What is the lot size and minimum investment?

One lot is 110 shares, ₹14,080 at ₹128 a share. Retail investors apply in whole lots.

How much did Arkade Developers raise?

₹410 crore: ₹410 crore of new shares.

How many times was the Arkade Developers IPO subscribed?

80.78 times overall.

How did Arkade Developers list?

It listed on the NSE on 24 Sep 2024 at ₹175.00 and closed the day at ₹165.86, up 29.58% on the ₹128 issue price.

Who is the registrar of the Arkade Developers IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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