ARKADE DEVELOPERS LIMITED (MAINBOARD)

Sep 16, 2024 - Sep 19, 2024

Price ₹121 - ₹128
Premium ₹60
Lot size 110
Allotment Sep 20, 2024
Listing Sep 24, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 110 14080 101420
sHNI 15 1650 211200 966
bHNI 72 7920 1013760 1932

Last updated on 19-Sep-2024 19:59:05

CategoryOfferedAppliedTimes
QIBs63750001100300410172.6
HNIs4781250826341230172.83
 HNIs 10+3187500541711170169.95
 HNIs 2+1593750284630060178.59
Retail1115625061503343055.13
Employees162602885324054.45
Total224751022550528310113.48
Application Wise Breakup (Approx)
CategoryReservedAppliedTimes
HNIs (10L+)19326522633.76
HNIs (2-10L)966164292170.07
Retail101420485666147.89
Employee-62673-
Total Applications: 5148852
© IPO Premium
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIBs81.614083.85172.6
FIIs-3887.49-
DIIs-6560.59-
Mutual funds-0.15-
Others-3569.37-
HNIs61.210577.17172.83
HNIs 10+40.86933.9169.95
HNIs 2+20.43643.26178.59
Retail142.87872.4355.13
Employees2.08113.3254.45
Total287.6832646.76113.48
QIB Interest Cost per share (7 Days)
@7%
₹29.66
@8%
₹33.9
@9%
₹38.13
@10%
₹42.37
@11%
₹46.61
@12%
₹50.84
About

IPO Details

Issue Size[32,031,250] shares(aggregating up to 410 Cr)
Fresh Issue[32,031,250] shares(aggregating up to 410 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue153,626,016
Share holding post issue185,657,266

IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50.00% of the Net offer
Retail Shares OfferedNot less than 35.00% of the Net Offer
NII (HNI) Shares OfferedNot less than 15.00% of the Net Offer

Key Performance Indicators

KPIMar-24Mar-23Mar-22
ROE46.90%29.02%40.90%
ROCE47.34%24.30%46.17%
RONW46.90%29.02%40.90%
D/E0.210.740.43
EPS
(basic)
8.083.343.32
P/E
Pre IPO
16.01
P/E
Post IPO
19.35

Financial Statement (Restated)

Period Ended31-Mar-2431-Mar-2331-Mar-22
Assets575.01555.41369.97
Revenue635.71224.01237.18
Profit After Tax122.8150.7750.84
Net Worth323.4200.32149.5
Reserves and Surplus171.4198.32147.49
Total Borrowing69.4114964.41
Amount in  Crore

About Company

Arkade Developers Limited, originally incorporated as a private limited company in May 1986, transitioned into a public limited company in July 2023. The company primarily focuses on real estate development, with a special emphasis on both new residential projects and redevelopment in the Mumbai Metropolitan Region (MMR). Known for delivering high-quality residential projects, Arkade Developers has built a strong reputation for timely project completions, which is a critical factor in establishing trust in the competitive real estate market. Over the years, Arkade has expanded its portfolio across various prime micro-markets of Mumbai, catering to diverse customer needs. The company's expertise lies in managing real estate projects from inception to completion, offering a wide range of residential options. Arkade's developments are renowned for their innovative designs, sustainable construction practices, and adherence to regulatory norms.
Registrar
Bigshare Services Private Limited
India Tel: +91-22-62638200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor grievance e-mail: investor@bigshareonline.com