Last updated on December 19th, 2024 at 09:42 pm
Arkade Developers Limited is a renowned real estate development company based in Mumbai, Maharashtra. The company is known for residential and commercial projects across the Mumbai Metropolitan Region (MMR). Founded in 1986, Arkade Developers has grown into a trusted name in the construction and development sector.
IPO Details
- IPO Start Date: 16th September 2024
- IPO End Date: 19th September 2024
- Issue Price: ₹121 – ₹128 per share
- Face Value: ₹10 per equity share
- Lot Size: 110 Shares
- Total Issue Size: ₹4,100 million (Including anchor allocation of 95,62,500 equity shares)
- Discount: ₹5 per equity share for eligible employees
- Status: 100% Book Building
- Maximum Subscription for Retail Investor: ₹2,00,000
GMP Price (Grey Market Premium)
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The GMP (Grey Market Premium) is an indicator of market sentiment toward the IPO. The current GMP for Arkade Developers Limited IPO will be tracked and updated closer to the listing date.
Promoters
| Promoter Name | Stake |
|---|---|
| Amit Mangilal Jain | Promoter and Managing Director of the company |
Financial Summary
- Revenue from Operations:
- FY 2024: ₹6,347.36 million
- FY 2023: ₹2,201.52 million
- FY 2022: ₹2,289.34 million
- Profit Before Tax:
- FY 2024: ₹1,651.10 million
- FY 2023: ₹667.73 million
- FY 2022: ₹655.72 million
- Net Profit After Tax:
- FY 2024: ₹1,228.08 million
- FY 2023: ₹507.66 million
- FY 2022: ₹508.44 million
- Total Assets:
- FY 2024: ₹5,750.05 million
- FY 2023: ₹5,554.09 million
- FY 2022: ₹3,699.67 million
- Total Equity:
- FY 2024: ₹3,234.02 million
- FY 2023: ₹2,003.17 million
- FY 2022: ₹1,494.94 million
- Borrowings:
- FY 2024: ₹694.10 million
- FY 2023: ₹1,489.95 million
- FY 2022: ₹644.13 million
Important Dates
| Event | Date |
|---|---|
| Offer Start | 16th Sep 2024 |
| Offer End | 19th Sep 2024 |
| Allotment | 13th Sep 2024 |
| Refund Initiation | 16th Sep 2024 |
| Demat Transfer | 16th Sep 2024 |
| Listing | 17th Sep 2024 |
FAQs
- Arkade Developers Limited Share Price: ₹121 – ₹128 per share.
- Arkade Developers Ltd IPO GMP Today: The GMP will be updated closer to the listing date.
- Arkade Developers Subscription: Subscription details will be updated as the IPO progresses.
- Arkade Developers Limited IPO: Active from 16th to 19th September 2024.
- Arkade Developers Limited Owner: Amit Mangilal Jain.
- Arkade Developers Limited IPO Review: Review details will be updated based on market sentiment and subscription levels.
