| Purpose | AGM Date | Announcement Date |
|---|---|---|
| AGM | 24 Sep 2025 | 1 Sep 2025 |
| AGM 24/09/2025 Annual Report for the FY 2024-25, along with the Notice of 39th Annual General Meeting of the Company, is enclosed. Proceedings of the 39th AGM of Arkade Developers Ltd. (As Per Bse Announcement dated on 24/09/2025) Scrutinizer Report on 39th AGM of the Company held on September 24, 2025 (As Per Bse Announcement dated on 26/09/2025) | ||
The company will use proceeds from the IPO towards the development of company’s ongoing and upcoming projects.
The company's sustained financial growth and development ambitions have positioned it well in the market.
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.
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.
The proceeds from the IPO will be used for funding ongoing projects, acquiring land for new real estate developments, and general corporate purposes.
The IPO is entirely focused on book-building. The IPO's price band is defined between Rs 121 and Rs 128 per share.
The stock is likely to be listed on Tuesday, September 24.
The IPO consists of a fresh issue of equity shares worth ₹410 Crore, with no offer-for-sale (OFS) component.
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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