Arkade Developers IPO Update: Day 3 Subscription, Grey Market Premium, and Key Insights
Arkade Developers Limited has been making headlines with its Initial Public Offering (IPO), which opened on September 16, 2024 , and is set to close on September 19, 2024 . The IPO aims to raise Rs 410 crore and has generated substantial interest among investors. As we approach the end of the subscription period, let’s take a detailed look at the latest updates, including the Grey Market Premium (GMP), subscription status, and other key details. IPO Details - Issue Open Date: September 16, 2024 - Issue Close Date: September 19, 2024 - Issue Size: Rs 410 crore - Face Value: Rs 10 per equity share - Price Band: Rs 121 - Rs 128 per equity share - Listing Date: September 24, 2024 - Market Lot: 110 equity shares - Minimum Order Quantity: 110 equity shares - Issue Type: Book Built Issue - Listing On: BSE, NSE The IPO is priced between Rs 121 and Rs 128 per share , with a minimum lot size of 110 shares. The shares will be listed on the BSE and NSE , providing investo...