Arkade Developers IPO Listing:  The shares of ArKade Developer made a decent debut in the stock market on Monday as the stock was listed at Rs 175.90 each on the BSE, a premium of 37.42% over the issue price per share. Arcade Developers Share prices were listed on the NSE at a premium of 36.72% at Rs 175 each.

The initial public offering (IPO) of real estate developer Arcade Developers Ltd was closed on September 19 and was significantly oversubscribed. The Rs 410 crore IPO price range for the public issue has been set at Rs 121 to Rs 128. According to NSE data, the IPO was subscribed 106.74 times.

The IPO was opened for public subscription on September 16 and the share allotment was finalized on September 20, while its shares were listed on both BSE and NSE on September 24.

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Arkade developers IPO details

- The IPO price band was set at Rs 121-128 per share.

- A public offer was opened for public subscriptions between September 16-19-

Arkade Developers IPO was a completely new issue of equity shares worth Rs 410 crore. There was no offer to sell shares.

- Arkade Developers Lot Size - The lot size for the IPO was 65 equity shares.-

IPO Issue Size - Arkade Developers raised an IPO of Rs 410 crore.

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