| Company Name | Arkade Developers Limited |
| Open Date | 16-09-2024 |
| Close Date | 19-09-2024 |
| Exchange | BSE, NSE |
| Lot Size | 110 Shares |
| Issue Price | ₹121 to ₹128 per share |
| Issue Size | 3,20,31250 Equity Shares |
| Application Amount | ₹ 14,080 – ₹ 1,97,120 (110 to 1,540 shares) |
| Recommendation | Apply |
Arkade Developers Limited was originally incorporated on May 13, 1986. The registered office is located at Mumbai, Maharashtra, India. The company is a real estate development company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra. The company’s business can broadly be classified into two categories: (i) development / construction of
residential premises on land acquired by the company (New Projects) and (ii) redevelopment of existing premises (Redevelopment Projects). The company had 201 permanent employees and 850
contract employees as of June 30, 2024.
| KPI’s | FY 22 | FY 23 | FY 24 |
| Revenue | 228.93 | 220.15 | 634.74 |
| EBITDA | 54.45 | 60.29 | 167.44 |
| Net Profit | 50.85 | 50.77 | 122.81 |
| RoCe | 35.91% | 21.42% | 46.80% |
| ROE | 34.01% | 25.34% | 37.97% |
| P/E | 38.55 | 38.32 | 15.84 |
| Opening Date | 16/09/2024 |
| Closing Date | 19-09-2024 |
| Basis of Allotment | 20-09-2024 |
| Initiation of Refunds | 23-09-2024 |
| Credit of Shares to Demat | 23-09-2024 |
| Listing Date | 24-09-2024 |
| Funding Development Expenses |
| Funding acquisition of yet-to-be identified land for real estate projects and general corporate purposes |
| General Corporate Purposes |
| Registered Office | Arkade Developers Limited Arkade House, Opp. Bhoomi Arkade, Near Childrens Academy, A S Marg, Ashok Nagar, Kandivali (East), Mumbai - 400101 |
| Phone | +91 22 2887474 |
| cs@arkade.in | |
| Website | http://www.arkade.in/ |
| Arkade Developers IPO DRHP |
| Arkade Developers IPO RHP |
| Name | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net offer |
| Share Holding Promoters Pre Issue | 85.58% |
| Share Holding Promoters Post Issue | 70.82% |