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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.
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 |
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.
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