JKB Financial Services Ltd.

NSE
BSE

GET IN TOUCH

GET IN TOUCH

< /label>

Refresh Captcha

Arkade Developers Ltd
Registered Office: Arkade House A S Marg, Ashok Nagar Kandivali (East), Mumbai - 400101, Maharashtra
Phone: +91 22 2887 4742
Email: cs@arkade.in
Website: www.arkade.in
Initial public offer of up to [] equity shares of face value of Rs. 10 each (equity shares) of Arkade Developers Limited (company) for cash at a price of [] per equity share (including a share premium of [] per equity share) (issue price) aggregating up to Rs. 410.00 crores (issue) the issue shall constitute []% of the post-issue paid-up equity share capital of the company. The company has, in consultation with the brlm, undertaken a pre-ipo placement of 1,626,016 equity shares at an issue price of Rs. 123 per equity share (including a premium of Rs. 113 per equity share) aggregating Rs. 20.00 crores (pre-ipo placement). The size of the fresh issue of up to Rs. 430.00 crores has been reduced by Rs. 20.00 crores pursuant to the pre-ipo placement and the revised size of the fresh issue is up to Rs.410.00 crores. The issue includes a reservation of up to [] equity shares aggregating up to Rs. 2.00 crores (constituting []% of the post-issue equity share capital), for subscription by eligible employees (employee reservation portion). the company may, in consultation with the brlm, offer a discount of up to []% of the issue price (equivalent of Rs. [] per equity share) to the eligible employees bidding in the employee reservation portion (employee discount), subject to necessary approvals as may be required. The issue less the employee eservation portion is hereinafter referred to as the net issue. The issue and the net issue shall constitute []% and []% of the post-issue paid-up equity share capital, respectively. Price Band: Rs. 121 to Rs. 128 per equity share of face value of Rs. 10 each. The Floor Price is 12.10 times of the face value and the Cap Price is 12.80 times of the face value of the equity shares. Bid cane be made for a minimum of 110 equity shares and in multiples of 110 equity shares thereafter. A discount of Rs. 5 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
16-Sep-2024	19-Sep-2024	₹ 121.00	₹ 0.00

Minimum Application for shares in Nos : 110 Further Multiples of : 110
	(₹)Cr.	Lead Managers to the Issue
Project Cost	0.00	Unistone Capital Pvt Ltd
Project Financed through Current Offer	410.00
Post Issue Equity Share Capital	185.66
Issue Price	₹121.00

Projects
Funding Development Expenses
Funding acquisition of yet-to-be identified land for real estate projects and general corporate purposes

Promoted By
Amit Mangilal Jain

Listing At
BSE
NSE

Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)