Arkade Developers IPO GMP, Grey Market Premium, Check Allotment Status

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Hello friends today i am talking about Arkade Developers GMP, You can check out the latest grey market premium, Kostak rates, and Sauda rates for today. Additionally, you can view the latest prices for Arkade Developers IPM GMP.

Arkade Developer is a real estate development firm from mumbai, maharahtra. The company main focus into developing new projects and redeveloping existing properties. it start from 2017 now it sold around 1045 residential units across mumbai Metropolitan Region (MMR), Maharashtra.

Western Carriers IPO

Northern Arc Capital IPO GMP

Arkade Developers IPO Details

Arkade Developers IPO Dates16 – 19 September 2024
Arkade Developers Issue PriceINR 121 – 128 per share
Employee Discount – INR 5 per share
Fresh issueINR 410 crore
Offer For SaleNIL
Total IPO sizeINR 410 crore
Minimum bid (lot size)110 shares (INR 14,080)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

Arkade Developer’s Financial Performance

 FY 2022FY 2023FY 2024
Revenue228.93220.15634.74
Expenses178.89161.41471.56
Net income50.8450.66122.84
Margin (%)22.2123.0119.35

Arkade Developers Valuations & Margins

FY 2022FY 2023FY 2024 (Pre Issue)FY 2024 (Post Issue)
EPS3.323.348.086.62
PE Ratio14.98 – 15.8418.28 – 19.34

* Calculated on the basis of annualized Profits After Tax for FY 2024

FY 2022FY 2023FY 2024
RONW (%)40.9029.0246.90
NAV9.8413.1821.28
ROCE (%)46.1724.3047.34
EBITDA (%)30.5631.0426.68
Debt/Equity0.430.740.21

Arkade Developers IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
13 September 2024605,000
12 September 2024403,500

Arkade Developers IPO Dates & Listing Performance

IPO Opening Date16 September 2024
IPO Closing Date19 September 2024
Finalization of Basis of Allotment20 September 2024
Initiation of refunds23 September 2024
Transfer of shares to demat accounts23 September 2024
Arkade Developers IPO Listing Date24 September 2024
Opening Price on NSEComing soon
Closing Price on NSEComing soon

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