Arkade Developers IPO allotment finalised: How to check status online on NSE, Bigshare Services

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2 min read | Updated on September 21, 2024, 10:05 IST

SUMMARY

Arkade Developers IPO allotment status: Investors who applied for the public offer can check the share allotment status on the portals of registrar Bigshare Services, the NSE and the BSE.

Arkade Developers is a real estate development company.

Arkade Developers IPO allotment status: The initial public offering (IPO) of Arkade Developers received a robust response from investors, with the issue being subscribed 106.40 times during the three-day bidding period from September 16 to September 19.

The initial share sale got bids for 2,52,97,38,200 equity shares against 2,37,75,719 shares on offer.

Category	Number of times subscription
Qualified Institutional Buyers (QIBs)	163.16
Non-institutional investors	162.75
Retail Individual Investors (RIIs)	50.65

As the subscription period ends, the focus now turns to Arkade Developers IPO allotment status, which has been finalised. Investors who applied for the public offer can check the share allotment status on the portals of registrar Bigshare Services, the NSE and the BSE.

Arkade Developers IPO allotment: Steps to check status online on Bigshare Services

Visit the official website of Bigshare Services- https://ipo.bigshareonline.com/IPO_Status.html.
Select 'Arkade Developers Limited'
Choose PAN/Application Number/Demat Account option
Fill in the details and enter the captcha
Click on the 'Submit' to view your allotment status

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Arkade Developers IPO allotment: How to check status online on NSE

Visit the NSE allotment status page - www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
Log in using your username and password. One can create one if they don't have it
From the drop-down menu, select 'Arkade Developers'
Verify your PAN and enter IPO application number
Click on the 'submit'

Arkade Developers IPO: Listing date

Shares will be credited to the Demat account of successful bidders on September 23. On the same day, refunds will be initiated for unsuccessful bidders. The Arkade Developers IPO listing date is September 24.

Incorporated in 1986, Arkade Developers is a real estate developer based in Mumbai. It will use the money raised to develop ongoing and upcoming projects, acquire future projects, and serve general corporate purposes.

To know more about IPOs listing, schedule and upcoming IPOs, click here.

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About The Author

Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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Arkade Developers IPO allotment finalised: How to check status online on NSE, Bigshare Services

Arkade Developers IPO allotment: Steps to check status online on Bigshare Services

Arkade Developers IPO allotment: How to check status online on NSE

Arkade Developers IPO: Listing date

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