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Arkade Developers Ltd Corporate Actions

142.32
(-5.96%)
Feb 14, 2025|03:31:05 PM

CORPORATE ACTIONS

16/02/2024calendar-icon
15/02/2025calendar-icon

20 Jan 2025

12:00 AM

Board Meeting

Agenda : Audited Result

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Arkade Developers Ltd: Related News

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The company will use proceeds from the IPO towards the development of company’s ongoing and upcoming projects.

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The company's sustained financial growth and development ambitions have positioned it well in the market.

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The price band for the issuance is ₹121 to ₹128 per share. Subscriptions for this issue began on Monday, September 16, and will end today.

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Arkade Developers received Rs 122.4 crore from anchor investors before the subscription window opened. The IPO was completely subscribed on the first day of bidding.

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The proceeds from the IPO will be used for funding ongoing projects, acquiring land for new real estate developments, and general corporate purposes.

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Arkade Developers IPO Subscription details on Day 2
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Arkade Developers Limited is a Mumbai, Maharashtra-based real estate development business that specialises in high-end, sophisticated lifestyle residential buildings.

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