Arkade Developers IPO Day 1: Key Subscription Status and Review

Sunday, 15 September 2024, 20:41

Arkade Developers IPO has opened with a GMP of ₹10, and investors are eager to know the subscription status. The share price range stands at ₹121-128, and the IPO subscription period is from September 16 to September 19. Explore whether to apply or not based on critical insights.
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Arkade Developers IPO Day 1: Key Subscription Status and Review

Arkade Developers IPO Overview

Arkade Developers Ltd is launching its IPO to raise ₹410 crore with a share price range of ₹121-128. The public subscription kicks off on September 16 and wraps up on September 19. Additionally, 50% of the IPO is reserved for retail investors.

Current GMP and Subscription Figures

The current grey market premium (GMP) for Arkade Developers is reported at ₹10, a positive indicator for potential investors. The subscription status as of today shows strong interest, particularly from retail participants.

Key Dates

  • IPO Opens: September 16
  • IPO Closes: September 19
  • Price Band: ₹121-128

Should You Apply?

Given the current GMP and subscription status, investors are finding the Arkade Developers IPO appealing. Evaluating the company’s fundamentals and market position will be essential in making an informed decision.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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