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Arkade Developers Limited IPO GMP Today, Price Range and Company Details

Arkade Developers Limited IPO offers shares at ₹121 - ₹128, with a ₹63 Grey Market Premium. Available in 110 share lots, the subscription runs from September 16 to September 19, 2024.
Arkade Developers Limited IPO GMP Today, Price Range and Company Details

Arkade Developers Limited IPO has a ₹63 Grey Market Premium as of September 13, 2024, with a price range from ₹121 to ₹128 per share. Offering lots of 110 shares, the subscription window is open from September 16 to September 19, 2024.

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Arkade Developers Limited IPO GMP Today

The Grey Market Premium (GMP) for Arkade Developers Limited is ₹63 as of September 13, 2024. This assessment coincides with a price from ₹121 to ₹128 per share for the IPO.

Arkade Developers Limited IPO Review

Arkade Developers Limited’s financial overview shows rising revenue, from ₹224.01 crores in March 2023 to ₹635.71 crores by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 46.90% highlights enhanced shareholder value generation.

To get a full IPO review, click here Arkade Developers Limited IPO

Arkade Developers Limited IPO Date

Arkade Developers Limited will start accepting subscriptions from September 16, 2024, to September 19, 2024.

Arkade Developers Limited IPO Price

Arkade Developers Limited’s price range is from ₹121 to ₹128 per share with a face value of ₹10 each.

Arkade Developers Limited

Arkade Developers Limited, established in 2003, focuses on premium residential and redevelopment projects in Mumbai. With 28 completed projects and 4.5 million square feet developed, they have served over 4,000 customers. Known for timely delivery, their customer-centric approach emphasizes high-end, sustainable homes with lifestyle amenities, financed primarily through promoter equity and internal accruals.

How To Apply For Arkade Developers Limited IPO?

To apply for the Arkade Developers Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Arkade Developers Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Arkade Developers Limited IPO at Alice Blue in just a few clicks!

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