February 2, 2024
admin
Arkade Developers IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
👉A legacy of 31 Years.
India`s Oldest Investment & IPO website.
👉Most Trusted by Investors across India.
Table of Contents
- GMP
- Reviews
- Subscription
- Allotment
What is the latest news relating to Arkade Developers IPO?
The IPO of the company has received nod from Sebi and now soon the dates, price band and lot will be announced soon.
What are the promoters of Arkade Developers IPO?
The promoter of the Company is AMIT MANGILAL JAIN
What are the Objects of Arkade Developers IPO?
The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
1. Funding a part of the costs to be incurred in the development of our Ongoing Projects (viz. Arkade Nest), and our
Upcoming Projects (Funding Development Expenses); and
2. Funding acquisition of yet-to-be identified land for real estate projects and general corporate purposes
What is the business of Arkade Developers?
Arkade Developers is a fast growing real estate development Company with a significant presence in Mumbai, Maharashtra. Its operations are concentrated on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India’s commercial capital. As on July 31, 2023, it has developed 1.80 million square feet of residential property. It is engaged in the development of new projects and redevelopment of existing premises, and between 2017 and Q1 2023, it has launched 1,040 residential units and sold 792 residential units in different markets in the MMR, Maharashtra. In particular, it has established a successful track record of completing its projects on time, and from
CY 2003 to March 2023, it has successfully completed redevelopment of 9 projects in the western suburbs of Mumbai and 1 project in south-central Mumbai with a combined constructed area of 6,48,000 square feet. This track record has established it as one of the major player of redevelopment in the Mumbai western suburbs.
For more information, click www.arkade.in
Exicom Tele-Systems IPO GMP, Particulars & Guidance
| Arkade Developers IPO Details | |
| IPO opens on | ?, 2024 |
| IPO closes on | ?, 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | ? Sh /Rs 430 Cr |
| * Fresh Issue | ? Sh /Rs 430 Cr |
| * Offer for Sale | ? Sh /Rs ? Cr |
| Face Value per share: | Rs. 10 |
| Price Band | Rs. ? |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | ? Shares |
| Listing will at | BSE, NSE |
| Shares offered in Arkade Developers? | Shares | Rs. in Cr |
| QIB (75 %) | ? | ? |
| NII (15 %) | ? | ? |
| RII (10 %) | ? | ? |
| Employees | – | – |
| Total Shares | ? | ? |
| Retail portion will be oversubscribed by | ? Forms. | |
| How to apply in Arkade Developers IPO ? | Amount Rs. | |
| Min Retail Application | – Sh | – |
| Max Retail Application | – Sh | – |
| Small HNI (Min) application | – Sh | – |
| Small HNI (Max) application | – Sh | – |
| Big HNI Application | – Sh | – |
| What is the timetable of Arkade Developers IPO? | |
| IPO opens on | 2024 |
| IPO Closes on | 2024 |
| IPO Allotment on | 2024 |
| Unblocking of ASBA | 2024 |
| Credit of Shares | 2024 |
| Listing on | 2024 |
| Registered Office of Arkade Developers | |
| Arkade House, Opp. Bhoomi Arkade, Near Children’s Academy, A S Marg, Ashok Nagar, Kandivali (East), Mumbai – 400101, Maharashtra, India. |
|
| Who are the Lead Managers of Arkade Developers IPO? Unistone Capital Pvt Ltd |
|
| Registrar to IPO | |
| BigShare Services Private Limited |
| Arkade Developers IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs. in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 113.19 | 21.72 | 1.39 | 25 |
| 2021-22 | 237.18 | 50.84 | 3.32 | 41 |
| 2022-23 | 224.01 | 50.66 | 3.33 | 29 |
| Book Value of the Share on 31.03.2023 | Rs. | 13.17 | ||
| BV of the Share after the FPO | Rs. | ? | ||
| Offer Price at Cap | Rs. | ? | ||
| Arkade Developers IPO Ratio Analysis |
|
| Price /EPS | ? |
| Price/Book Value Ratio | ? |
| Price/BV after IPO | ? |
How Arkade Developers IPO compares with the Peers?
Peer Comparison.
| As on date of DRHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| Arkade Developers | 10 | 224 | ? |
| Keystone Realtors | 10 | 725 | 77.11 |
| Godrej Properties | 5 | 3039 | 75.33 |
| Macrotech Developers | 10 | 9611 | 70.85 |
| Kolte Patil Developers | 10 | 1521 | 33.07 |
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Arkade Developers IPO Guidance
This is the much-awaited IPO. Once the price band is finalized, we will provide our guidance.
Quicklinks
