Sensex: 83,606.46 (0.11%)

Nifty: 25,541.80 (0.10%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

IPO Synopsis
Arkade Developers Ltd
Registered Office: Arkade House A S Marg, Ashok Nagar Kandivali (East), Mumbai - 400101, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offer of 32,037,601 equity shares of face value of Rs. 10 each (equity shares) of Arkade Developers Limited (company) for cash at a price of Rs. 128 per equity share (including a share premium of Rs. 118 per equity share) (issue price) aggregating up to Rs. 410.00 crores (issue) the issue shall constitute 17.26% 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 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 162,601 equity shares aggregating Rs. 2.00 crores (constitutes 0.09% of the post-issue equity share capital), for subscription by eligible employees (employee reservation portion). the company, in consultation with the BRLM, offer a discount of 3.91% of the issue price (equivalent of Rs. 5.00 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 reservation portion is hereinafter referred to as the net issue. The issue and the net issue constitutes 17.26% and 17.17% of the post-issue paid-up equity share capital, respectively. The Offer Price is Rs. 128 per equity share of face value of Rs. 10 each. The offer 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 128.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 381.07
Project Financed through Current Offer 410.00
Post Issue Equity Share Capital 185.66
Issue Price 128.00
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
BSE
NSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.