{"id":3423,"date":"2024-09-20T15:39:40","date_gmt":"2024-09-20T15:39:40","guid":{"rendered":"https:\/\/thenewsbroad.com\/?p=3423"},"modified":"2024-09-20T15:39:41","modified_gmt":"2024-09-20T15:39:41","slug":"arkade-developers-ipo-allotment-everything-you-need-to-know","status":"publish","type":"post","link":"https:\/\/thenewsbroad.com\/hi\/arkade-developers-ipo-allotment-everything-you-need-to-know\/","title":{"rendered":"Arkade Developers IPO Allotment: Everything You Need to Know"},"content":{"rendered":"<p>Arkade Developers, a prominent Mumbai-based real estate company, has successfully concluded its Initial Public Offering (IPO). Investors are now eagerly awaiting the allotment of shares, which is set to be finalized on September 20, 2024<a href=\"https:\/\/www.financialexpress.com\/market\/ipo-news-arkade-developers-ipo-2024-live-updates-gmp-review-subscription-status-ipo-allotment-status-listing-date-time-ipo-news-3616502\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/vigyansamagam.in\/arkade-developers-ipo-allotment-status-link\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/thenewsbroad.com\/wp-content\/uploads\/2024\/09\/Arkade-Developers-1024x576.jpg\" alt=\"Arkade Developers\" class=\"wp-image-3425\" srcset=\"https:\/\/thenewsbroad.com\/wp-content\/uploads\/2024\/09\/Arkade-Developers-1024x576.jpg 1024w, https:\/\/thenewsbroad.com\/wp-content\/uploads\/2024\/09\/Arkade-Developers-300x169.jpg 300w, https:\/\/thenewsbroad.com\/wp-content\/uploads\/2024\/09\/Arkade-Developers-768x432.jpg 768w, https:\/\/thenewsbroad.com\/wp-content\/uploads\/2024\/09\/Arkade-Developers-18x10.jpg 18w, https:\/\/thenewsbroad.com\/wp-content\/uploads\/2024\/09\/Arkade-Developers.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Arkade-Developers ( Image Credentials- Freepik)<\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">IPO Overview<\/h2>\n\n\n\n<p>The Arkade Developers IPO opened for subscription on September 16 and closed on September 19, 2024. The company aimed to raise Rs 410 crore through the issuance of 3.2 crore fresh shares<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.financialexpress.com\/market\/ipo-news-arkade-developers-ipo-2024-live-updates-gmp-review-subscription-status-ipo-allotment-status-listing-date-time-ipo-news-3616502\/\"><\/a>.&nbsp;The price band was set at Rs 121 to Rs 128 per equity share, with a minimum lot size of 110 shares<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.financialexpress.com\/market\/ipo-news-arkade-developers-ipo-allotment-heres-how-you-can-check-allotment-status-3616661\/\"><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Impressive Subscription Numbers<\/h2>\n\n\n\n<p>The IPO received an overwhelming response from investors across categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Overall subscription: 113.49 times<\/li>\n\n\n\n<li>Qualified Institutional Buyers (QIBs): 163.16 times<\/li>\n\n\n\n<li>Non-Institutional Investors (NIIs): 163 times<\/li>\n\n\n\n<li>Retail Individual Investors (RIIs): 51.39 times<\/li>\n\n\n\n<li>Employee portion: 50.49 times<a href=\"https:\/\/vigyansamagam.in\/arkade-developers-ipo-allotment-status-link\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.ndtvprofit.com\/ipos\/how-to-check-arkade-developers-ipo-allotment-status-latest-gmp-details-here\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/li>\n<\/ul>\n\n\n\n<p>This strong demand indicates high investor confidence in Arkade Developers&#8217; growth potential and market position.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Check Your Allotment Status<\/h2>\n\n\n\n<p>Investors can check their allotment status through the following methods:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Bigshare Services Website<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Visit&nbsp;<a href=\"https:\/\/www.bigshareonline.com\/ipo_Allotment.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.bigshareonline.com\/ipo_Allotment.html<\/a><\/li>\n\n\n\n<li>Select &#8220;Arkade Developers&#8221; from the dropdown menu<\/li>\n\n\n\n<li>Enter your application details and captcha<\/li>\n\n\n\n<li>Click &#8220;Search&#8221; to view your allotment status<a href=\"https:\/\/vigyansamagam.in\/arkade-developers-ipo-allotment-status-link\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>BSE Website<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Go to&nbsp;<a href=\"https:\/\/www.bseindia.com\/investors\/appli_check.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.bseindia.com\/investors\/appli_check.aspx<\/a><\/li>\n\n\n\n<li>Choose &#8220;Equity&#8221; as the issue type<\/li>\n\n\n\n<li>Select &#8220;Arkade Developers Limited&#8221; from the dropdown<\/li>\n\n\n\n<li>Enter your application number or PAN<\/li>\n\n\n\n<li>Complete the captcha and click &#8220;Search&#8221;<a href=\"https:\/\/www.ndtvprofit.com\/ipos\/how-to-check-arkade-developers-ipo-allotment-status-latest-gmp-details-here\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Grey Market Premium and Listing Expectations<\/h2>\n\n\n\n<p>As of September 20, 2024, Arkade Developers&#8217; shares are commanding a Grey Market Premium (GMP) of Rs 60, indicating a 46.88% premium over the IPO price<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.ndtvprofit.com\/ipos\/how-to-check-arkade-developers-ipo-allotment-status-latest-gmp-details-here\"><\/a>.&nbsp;Based on this GMP, the estimated listing price is around Rs 188 per share<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.ndtvprofit.com\/ipos\/how-to-check-arkade-developers-ipo-allotment-status-latest-gmp-details-here\"><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Important Dates<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>IPO Allotment Date: September 20, 2024<\/li>\n\n\n\n<li>Refund Initiation: September 23, 2024<\/li>\n\n\n\n<li>Credit of Shares: September 24, 2024<\/li>\n\n\n\n<li>Listing Date: September 24, 2024 (on BSE and NSE)<a href=\"https:\/\/www.financialexpress.com\/market\/ipo-news-arkade-developers-ipo-2024-live-updates-gmp-review-subscription-status-ipo-allotment-status-listing-date-time-ipo-news-3616502\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.financialexpress.com\/market\/ipo-news-arkade-developers-ipo-allotment-heres-how-you-can-check-allotment-status-3616661\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>The strong subscription numbers and positive GMP suggest a promising debut for Arkade Developers on the stock market. Investors should keep an eye on the allotment results and prepare for the listing day. As always, it&#8217;s advisable to consider market risks and consult financial advisors before making investment decisions.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Arkade Developers, a prominent Mumbai-based real estate company, has successfully concluded its Initial Public Offering (IPO). Investors are now eagerly awaiting the allotment of shares, which is set to be finalized on September 20, 2024. IPO Overview The Arkade Developers IPO opened for subscription on September 16 and closed on September 19, 2024. The company [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71],"tags":[64,70,68,63,69,67,65,66],"class_list":["post-3423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-arkadedevelopersipo","tag-greymarketpremium","tag-investmentopportunities","tag-ipoallotment","tag-ipolisting","tag-mumbairealestate","tag-realestatestocks","tag-stockmarket"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/posts\/3423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/comments?post=3423"}],"version-history":[{"count":1,"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/posts\/3423\/revisions"}],"predecessor-version":[{"id":3426,"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/posts\/3423\/revisions\/3426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/media\/3424"}],"wp:attachment":[{"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/media?parent=3423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/categories?post=3423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewsbroad.com\/hi\/wp-json\/wp\/v2\/tags?post=3423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}