September 20, 2024
New Delhi, India
Arkade Developers IPO
The allotment for the Arkade Developers IPO is expected to be finalized today, September 20. Investors who applied for the real estate company’s IPO can check their allotment status through the BSE website or via the official portal of Bigshare Services Pvt Ltd, the IPO’s registrar.
Key Dates and Details
- IPO Subscription Dates: September 16 to September 19
- Allotment Date: Likely on September 20
- Share Credit Date: September 23
- Refund Initiation: September 23
- Listing Date: September 24 (on BSE and NSE)
Arkade Developers raised ₹410 crore through a fresh issue of 3.2 crore equity shares at a price band of ₹121 to ₹128 per share.
IPO Allotment Status: Steps to Check Online
To check the Arkade Developers IPO allotment status, follow these steps:
- Visit the BSE website: BSE IPO Status
- Select ‘Equity’ under the Issue Type.
- Choose ‘Arkade Developers Limited’ from the Issue Name dropdown menu.
- Enter either your Application Number or PAN.
- Tick the ‘I am not a robot’ box and click on ‘Search’.
The status of your Arkade Developers IPO allotment will be displayed on the screen.
Arkade Developers IPO Subscription Performance
The Arkade Developers IPO received overwhelming demand, being subscribed 106.83 times overall. The public issue saw:
- 51.39 times subscription in the retail category.
- 163.02 times in the Non-Institutional Investors (NII) category.
- 163.16 times in the Qualified Institutional Buyers (QIB) category.
Unistone Capital Pvt Ltd acted as the book-running lead manager, with Bigshare Services Pvt Ltd as the registrar for this IPO.
With strong demand across categories, the Arkade Developers IPO listing is highly anticipated. Keep an eye on the allotment status and mark your calendars for the listing on September 24.
Disclaimer:
CurrencyVeda provides this news article for informational purposes only. We do not offer investment advice or recommendations. Before making any investment decisions, please conduct thorough research, consult with financial experts, and carefully consider your financial situation, risk tolerance, and investment goals. Investing in the stock market carries risks, and it’s essential to make informed choices based on your individual circumstances. CurrencyVeda is not liable for any actions taken based on the information provided in this article.
