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Arkade Developers Ltd IPO Allotment: Check Your Status in Just 6 Steps

Arkade Developers Ltd IPO allotment:

If you've applied for the Arkade Developers Ltd IPO, you're likely eager to know the allocation status. Well, the wait is over! The allotment process has been completed, and now you can easily check how many shares you've been allotted. You can do this by visiting the Bigshare Services Pvt Ltd registrar website. Moreover, for those who didn't receive an allotment, rest assured, the refund process has also been finalized.

Arkade Developers Ltd IPO allotment date:

The allotment date for the Arkade Developers Ltd IPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Arkade Developers Ltd IPO, managed by Bigshare Services Pvt Ltd. You can discover the number of shares allotted to you through the registrar's website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Arkade Developers Ltd IPO commenced on September 16, 2024, and concluded on September 19, 2024.

Arkade Developers Ltd IPO subscription:

On the third day of subscription, the Arkade Developers Ltd IPO witnessed 19.05 times subscription. The listing date is scheduled on September 24, 2024. Investors can ascertain their share allocation through the basis of allotment process and check their allotment status. For those who were not allocated shares, the refund process will commence on September 23, 2024. Those allotted shares will receive them in their demat accounts on September 23, 2024. The listing date for Arkade Developers Ltd IPO is confirmed to be September 24, 2024.

Arkade Developers Ltd IPO: How to check allotment status?

If you've applied for the Arkade Developers Ltd IPO, you can easily check your allotment status on the Bigshare Services Pvt Ltd website. Here's a simple guide to check your allotment status:

  • Go to the Bigshare Services Pvt Ltd website.
  • Select the Arkade Developers Ltd IPO from the dropdown menu.
  • Choose either your Application Number, Demat Account, or PAN to proceed.
  • Select your application type as ASBA or non-ASBA.
  • Provide the required details based on your selection in the previous step.
  • Complete the Captcha verification.
  • Click on the submit button to view your allotment status.

How to check Arkade Developers Ltd IPO allotment status on BSE:

  • Navigate to the allotment page on the official BSE website via this link: https://www.bseindia.com/investors/appli_check.aspx
  • In the 'Issue Type' section, opt for 'Equity' and pick the Arkade Developers Ltd IPO from the dropdown menu labeled 'Issue Name'.
  • Enter either your PAN or application number, then click the 'Submit' button.

How to check Arkade Developers Ltd IPO allotment status on NSE:

  • to NSE's official website using this link:https://www.nseindia.com/
  • Choose the 'Click here to sign up' option and complete the registration process using your PAN details.
  • Enter your username, password, and captcha code on the subsequent page.
  • Once logged in, navigate to the designated section to check the IPO allotment status.

Allocation quota for Arkade Developers Ltd

The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.

Category of Investors Allocation of shares under IPO
Reservation for Employees 1,56,250 (0.49%)
Anchor Allocation 95,62,500 (29.85%)
QIB Shares Offered 63,75,000 (19.9%)
NII (HNI) Shares Offered 47,81,250 (14.93%)
Retail Shares Offered 1,11,56,250 (34.83%)
Total Shares Offered 3,20,31,250

Data Source: BSE, NSE

Let's now examine how different categories of investors participated in placing their bids for the IPO of Arkade Developers Ltd.

Subscription levels for Arkade Developers Ltd

Next, let's delve into the level of subscription. The table below illustrates the degree of subscription for each category, along with the overall subscription for Arkade Developers Ltd.

Category Subscription Status
Qualified Institutional Buyers (QIB) 0.47x
S (HNI) ₹2 lakhs to ₹10 lakhs [-]
B (HNI) Above ₹10 lakhs [-]
Non Institutional Investors (NII) 48.93x
Retail Individuals 22.96x
Employees [-]
Overall Subscription 19.05x

Data Source: BSE, NSE

The QIB portion witnessed a subscription of 0.47 times, while the HNI/NII portion saw a subscription of 48.93 times. The Retail portion experienced a subscription of 22.96 times, culminating in an overall subscription of 19.05 times for the IPO.

Frequently Asked Questions

What is Arkade Developers Ltd IPO?

Answer Field

Arkade Developers Ltd IPO is a Mainboard IPO of 3,20,31,250 equity shares of a face value of ₹10 aggregating up to ₹410 Crores. The issue is priced at ₹128 to ₹128 per share. The minimum order quantity is 110 Shares. The IPO opens on September 16, 2024, and closes on September 19, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE,NSE.

When Arkade Developers Ltd IPO will open?

Answer Field

The Arkade Developers Ltd IPO opens on September 16, 2024 and closes on September 19, 2024.

What is the lot size of Arkade Developers Ltd?

Answer Field

Arkade Developers Ltd lot size is 110 shares, and the minimum amount required is ₹14,080.

How to apply for Arkade Developers Ltd IPO?

Answer Field

You can apply in Arkade Developers Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Arkade Developers Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Arkade Developers Ltd IPO will be done on September 20, 2024, and the allotted shares will be credited to your demat account by September 23, 2024.

When is Arkade Developers Ltd IPO listing date?

Answer Field

The Arkade Developers Ltd listing date is September 24, 2024.

Who is the registrar of Arkade Developers Ltd IPO?

Answer Field

The registrar of Arkade Developers Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Unistone Capital Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Arkade Developers Ltd IPO?

Answer Field

The fresh issue size is ₹410 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Arkade Developers Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 110 shares and ₹14,080 amount.

How can I approve the UPI mandate request for Arkade Developers Ltd IPO?

Answer Field

To apply for Arkade Developers Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Arkade Developers Ltd?

Answer Field

The price of each Arkade Developers Ltd share will be ranging in between ₹128 to ₹128 per share.

What is the cut-off time for the UPI mandate for Arkade Developers Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, September 19, 2024.

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