Arkade Developers IPO allotment – How to check allotment, IPO GMP, listing date and more

• Arkade Developers is expected to announce its share allotment status on Friday, September 20.
• The shares of Arkade Developers were subscribed 106.08 times.
• The shares are expected to be listed on the stock exchanges on September 24.

Mumbai-based Arkade Developers, a real estate development company focused on developing high-end residential developments in Mumbai is expected to announce the allotment status of its initial public offering (IPO) on Friday, September 20.

The Arkade Developers IPO opened on September 16 and closed on September 19. The price band for the IPO was ₹121 to ₹128 per share.

Arkade Developers IPO subscription

On the last day, the Arkade Developers IPO was subscribed 106.08 times, receiving bids for 252.22 crore equity shares against 2.38 crore shares on offer.

While the qualified institutional buyer portion was subscribed 163.16 times, the non-institutional investors portion was subscribed 162.50 times. The retail portion also witnessed excellent participation and was subscribed 50.17 times. The employee portion was subscribed 49.18.

Arkade Developers grey market premium

The shares of Arkade Developers are currently commanding a grey market premium (GMP) of ₹85 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check the Arkade Developers’ allotment status

You can check the allotment status on the registrar’s website.

• To check the Arkade Developers IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘Arkade Developers’.
  
• Now, select PAN, application number, or beneficiary ID and provide the details.
  
• Now, enter the captcha.
  
• Click on “Search”.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Arkade Developers IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Arkade Developers’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Arkade Developers IPO listing date

The shares of Arkade Developers will be listed on the stock exchanges on September 24.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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