Arkade Developers IPO

Arkade Developers' IPO includes a fresh issue of 3.2 crore shares worth INR 410 crore, aimed at funding ongoing projects and acquiring land for future developments.

Important Details

Open Date : September 16, 2024 Close Date : September 19, 2024 Allotment Date: September 20, 2024 Listing Date: September 24, 2024

Important Details

IPO Price: INR 121-128 per share Lot Size: 110 Shares Total Issue Size: INR 410 crores

Fundamental Analysis

Arkade Developers IPO shows mixed performance: 1. Revenue: Significant growth, Equity: Increased. 2. Debt Reliance: Reduced, Profitability: Improved. 3. EPS: Increased, RoNW: Improved. 4. Inventory Turnover: Better efficiency.

Peer Comparison

Arkade Developers: Focus on profitability, strong EPS & RoNW. Keystone Realtors: Moderate performance. Godrej Properties: Top revenue. Macrotech Developers: Excels in scale. Suraj Estate: Balances growth and profitability, high RoNW & EPS

Objective

Objective: Fund ongoing project development. Acquisition: Land for future projects. Focus: Growth and expansion in Mumbai real estate.

Risks And Challenges

Arkade Developers IPO  Risks: 1. Risk: Redevelopment project identification. 2. Challenges: Land acquisition, project delays, regulations. 3. Absence: Long-term labor/material agreements.