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Open
16 Sep 2024
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Close
19 Sep 2024
3
Allotment
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Listing
Tue, Sep 24, 2024
Price Band
₹121 to ₹128
Issue Size
3,20,37,601 shares (agg. up to ₹410 Cr)
Lot Size
110 Shares
Listing Date
Tue, Sep 24, 2024
Latest GMP
₹63
Est. Gain
49.22%
✦ AI Insight
GMP Trend
24-09-2024₹63Est. ₹191+49.22%
23-09-2024₹63Est. ₹191+49.22%
22-09-2024₹63Est. ₹191+49.22%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 80.78x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 575.01 | 555.41 | 369.97 |
| Total Income | 635.71 | 224.01 | 237.18 |
| Profit After Tax | 122.81 | 50.77 | 50.84 |
| NET Worth | 323.40 | 200.32 | 149.50 |
| Reserves and Surplus | 171.40 | 198.32 | 147.49 |
| Total Borrowing | 69.41 | 149.00 | 64.41 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Suraj Estate Developers Ltd. | Mainboard | ₹400.00 Cr | ₹360 | 35.64 | ₹334.50 | -7.08% | ₹173.92 |
| Signatureglobal (India) Ltd. | Mainboard | ₹730.00 Cr | ₹385 | null | ₹458.55 | +19.10% | ₹785.20 |
| Mason Infratech Ltd. | SME | ₹30.46 Cr | ₹64 | 24.33 | ₹92.40 | +44.38% | ₹112.05 |
| V R Infraspace Ltd. | SME | ₹20.40 Cr | ₹85 | 20.99 | ₹87.40 | +2.82% | ₹112.45 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding a part of the costs to be incurred in the development of our Ongoing Projects (viz. Arkade Nest, Prachi CHSL and C-Unit) (Funding Development Expenses); and | 250.00 |
| 2 | Funding acquisition of yet-to-be identified land for real estate projects and general corporate purposes | 131.07 |
About Arkade Developers IPO
Updated on Aug 12, 2026
Contact Details
Arkade Developers Ltd. AddressArkade House, Opp.Bhoomi ArkadeNear Children’s Academy, A S Marg, Ashok NagarKandivali (East)Mumbai, Maharashtra, 400101+91 22 2887474cs@arkade.inVisit Website