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Arkade Developers IPO Continues to Shine with 16.20x Subscriptions on Day 2

Arkade Developers IPO recorded Day 2 subscriptions with QIBs at 0.44x, NII at 28.26x, RIIs at 19.99x, and employees at 19.25x. Total subscriptions reached 16.20x.
Arkade Developers Limited IPO

Arkade Developers IPO achieved Day 2 subscriptions with Qualified Institutional Buyers at 0.44x, Non-Institutional Investors at 28.26x, Retail Individual Investors at 19.99x, and Employees at 19.25x. The total subscription reached 16.20x, showcasing strong investor demand.

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Arkade Developers Limited IPO Subscription Status

Arkade Developers IPO saw strong Day 1 IPO subscriptions with Qualified Institutional Buyers at 0.24x, Non-Institutional Investors at 7.89x, Retail Individual Investors at 8.03x, and Employees at 7.63x. The total subscription reached 5.79x, showing robust investor interest.

How to check Arkade Developers IPO Subscription Status?

Steps to check Arkade Developers Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Arkade Developers Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Arkade Developers Limited IPO Allotment Status

The allotment date for the Arkade Developers Limited IPO is set for September 20, with shares priced from ₹121 to ₹128 per share and a face value of ₹10. The offering consists of lots of 110 shares, with bids accepted for these lots or their multiples.

Arkade Developers Limited IPO Listing Date 

Arkade Developers Limited IPO is expected to be listed on the NSE SME on September 24, 2024.

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