Arkade Developers IPO Subscription Details

Bookbuilding IPO | ₹410 Cr | Listed at BSE, NSE | Mon, Sep 16, 2024 - Thu, Sep 19, 2024

Basis of Allotment - Arkade Developers IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)63,75,00095,62,5001,59,37,50015,93,75031,87,50047,81,2501,11,56,2501,62,6013,20,37,601
Allotment price (Rs.)128128128128128128128123128
No.of applications111121231,68,48265,5772,34,05945,36,90417547,71,261
No.of shares applied1,09,43,46,4401,30,22,8801,10,73,69,32029,37,51,15053,93,06,35083,30,57,50064,74,23,1501,74,1302,58,80,24,100
Amount collected (Rs.cr.)14,007.63 166.69 14,174.33 3,760.01 6,903.12 10,663.14 8,287.02 2.14 33,120.14
No.of times subscribed171.661.3669.48184.31169.19174.2358.031.0780.78
No.of shares allotted63,75,00095,62,5001,59,37,50015,93,75031,87,50047,81,2501,11,56,2501,62,6013,20,37,601
Amount (Rs.cr.)81.60 122.40 204.00 20.40 40.80 61.20 142.80 2.00 410.00
No.of allottees012129651,9312,8961,01,4201351,04,463

IPO Shares Offered

Arkade Developers IPO is a public issue of 3.20 Cr equity shares. The issue offers 1.12 Cr shares to retail investors, 1.59 Cr shares to qualified institutional buyers, and 0.48 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,59,37,500204.00 49.75%
    Anchor 95,62,500 122.40 29.85%
    QIB (Ex Anchor) 63,75,000 81.60 19.90%
NII 47,81,25061.20 14.92%
    bNII (> ₹10L)31,87,50040.80 9.95%
    sNII (< ₹10L)15,93,75020.40 4.97%
Retail1,11,56,250142.80 34.82%
Employee1,62,6012.08 0.51%
Total3,20,37,601410.08 100%

Arkade Developers IPO Anchor Investor Allocation

A total of 95,62,500 shares at a price of Rs 128 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 13, 2024
Anchor investor price₹128.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days47,81,250
No. of shares locked-in for 90 days47,81,250
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BNP PARIBAS FINANCIAL MARKETS-ODI BNP PARIBAS 19,53,160 25.00 20.43 6.10
2 INTUITIVE ALPHA INVESTMENT FUND PCC-CELL 1 INTUITIVE ALPHA 15,62,660 20.00 16.34 4.88
3 SAINT CAPITAL FUND SAINT CAPITAL 15,62,550 20.00 16.34 4.88
4 STERN GLOBAL FUND VCC-STERN MULTI STRATEGY FUND STERN GLOBAL 15,62,440 20.00 16.34 4.88
5 GAGANDEEP CREDIT CAPITAL PVT.LTD. GAGANDEEP CREDIT CAPITAL 9,11,000 11.66 9.53 2.84
6 SOCIETE GENERALE-ODI SOCIETE GENERAL 7,81,330 10.00 8.17 2.44
7 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 4,47,920 5.73 4.68 1.40
8 NAV CAPITAL VCC NAV CAPITAL 3,90,720 5.00 4.09 1.22
9 VISIONARY VALUE FUND VISIONARY VALUE FUND 3,90,720 5.00 4.09 1.22
95,62,500122.4010029.85

IPO Subscription FAQs

The Arkade Developers IPO is subscribed 113.49 times by Sep 19, 2024 18:16.

Arkade Developers IPO Subscription

Investor Category Subscription (times)
Qualified Institutional172.6
Non Institutional172.22
Retail Individual53.78
Total Subscription113.49

Retail category of Arkade Developers IPO subscribed 53.78 times as of date Sep 19, 2024 18:16. The public issue closes on Thu, Sep 19, 2024 for bidding.

An investor can apply in Arkade Developers IPO online via bank (using ASBA) or the broker (using UPI). The Arkade Developers IPO shares are offered online only.

The Arkade Developers IPO is subscribed 113.49 times by Sep 19, 2024 18:16.

The Arkade Developers IPO allotment status is expected on or around Friday, September 20, 2024. Visit Arkade Developers IPO allotment status to check.

The Arkade Developers IPO listing date is September 24, 2024. The equity share of Arkade Developers IPO will list on BSE, NSE.

Visit Arkade Developers IPO subscription status page for real-time bidding information about Arkade Developers IPO.

Arkade Developers IPO Timetable

IPO opens OnMonday, September 16, 2024
IPO Closes OnThursday, September 19, 2024
Finalisation of Basis of AllotmentFriday, September 20, 2024
Initiation of RefundsMonday, September 23, 2024
Credit of Shares to Demat AccountMonday, September 23, 2024
IPO Listing DateTuesday, September 24, 2024
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