Arkade Developers IPO Subscription Status Live: The Arkade Developers IPO has garnered 41.70 times its subscription rate. The retail category saw a subscription rate of 42.14 times.
Arkade Developers IPO listing in Markets on Tuesday, September 24, 2024. The minimum lot size of this IPO is 1 which has 110 shares and the price is ₹14,991. The share price of Arkade Developers IPO will be ₹121 to ₹128 per share and the allotments of this share The date will be Friday, September 20, 2024.
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Arkade Developers IPO Subscription Status Live today
Here are the subscription details for Arkade Developers IPO (in times) on different days:
Total Application: 3,926,554
Day 1: September 16, 2024
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- QIB (Qualified Institutional Buyers): 0.25
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- NII (Non-Institutional Investors): 8.42
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- Retail: 8.75
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- Total: 6.31
Day 2: September 17, 2024
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- QIB (Qualified Institutional Buyers): 0.47
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- NII (Non-Institutional Investors): 29.99
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- Retail: 21.40
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- Total: 17.41
Day 3: September 18, 2024
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- QIB (Qualified Institutional Buyers): 0.65
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- NII (Non-Institutional Investors): 62.41
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- Retail: 35.83
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- Total: 31.73
Day 4: September 19, 2024
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- QIB (Qualified Institutional Buyers): 0.90
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- NII (Non-Institutional Investors): 93.78
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- Retail: 42.14
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- Total: 41.70
Arkade Developers IPO Shares Offered
Arkade Developers is offering 31,875,000 equity shares to the public in its Initial Public Offering (IPO). Retail investors can purchase up to 11,156,250 shares, qualified institutional buyers can purchase up to 6,375,000 shares, and non-institutional investors can purchase up to 4,781,250 shares. Anchor investors have been allotted 9,562,500 shares, representing 30% of the total issue size. The IPO is expected to raise Rs 408 crore.