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Arkade Developers IPO Closes with Blockbuster 106.83x Subscription on Final Day

Arkade Developers IPO’s Day 4 saw strong demand, with QIBs at 163.16x, NIIs at 163.02x, RIIs at 51.39x, and Employees at 50.49x, totaling 106.83x subscription.
Arkade Developers IPO Closes with Blockbuster 106.83x Subscription on Final Day

Arkade Developers IPO on Day 4 saw strong demand with QIBs subscribing 163.16 times, Non Institutional Investors at 163.02 times, Retail Individual Investors at 51.39 times, and Employees at 50.49 times, bringing the total subscription to 106.83 times overall.

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Arkade Developers Limited IPO Subscription Status

Arkade Developers IPO reached Day 3 with varied subscription levels: QIBs at 0.61 times, Non Institutional Investors at 58.80 times, Retail Individual Investors (RIIs) at 33.26 times, and Employees at 31.47 times. Overall, the IPO was subscribed 29.42 times.

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,

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