There are exciting times ahead for real estate investors! There has been a lot of talk about the Arkade Developers IPO, and there is a lot of demand for it in many other areas. Let’s explore the information you require regarding this exciting initial public offering (IPO) as the allotment day, which is scheduled for today, September 20, draws near.https://arkade-aura.com/

Principal Aspects of the Arkade Developers Initial Public Offering (IPO):

Availability: September 16–19.
Date of Allocation: September 20, today.
Listing Date: The BSE and NSE have set September 24 as the listing date.
Funds Raised: The business issued 3.2 crore new equity shares, raising ₹410 crore.
Price Band: Each share is set between ₹121 and ₹128.

The tremendous response from investors is astounding. A remarkable 106.83 times were subscribed for the IPO, indicating a high level of demand. In particular, the retail group had 51.39 subscriptions, while the non-institutional investors (NIIs) and qualified institutional buyers (QIBs) had even higher fervor, with 163.02 and 163.16 subscriptions, respectively.

Premium Grey Market (GMP)
The way the Arkade Developers IPO has performed on the grey market is among its most intriguing features. The grey market premium (GMP) is ₹86 per share as of right now. This indicates that the shares are trading in the unlisted market for ₹86 more than their issue price. The expected listing price, based on current trends, would reach about ₹214, which would represent a significant 67% premium over the ₹128 IPO price. This suggests that investors are feeling optimistic before the actual listing!

How to Verify the Status of Your IPO Allotment
You should as quickly as possible verify your allotment status if you took part in the IPO. “Follow this concise, step-by-step guide to help you navigate the process with ease.”

Comprehensive Guide
Go to the BSE website: Visit BSE India.https://www.bseindia.com/investors/appli_check.aspx

Locate the Section on IPO: On the homepage, look for the ‘IPO’ tab.

Choose Arkade Developers: Click on Arkade Developers from the list of recent initial public offerings.

Enter Your Information Here: Give your application number or PAN (Permanent Account Number).

Hit submit to view your allotment status after entering your information.

An Alternative Approach
Additionally, Bigshare Services Pvt Ltd(https://ipo.bigshareonline.com/ipo_status.html), the official registrar, allows you to check your status. Here’s how to do it:

Go to the website of Bigshare Services: Visit Bigshare Services.

Locate the ‘IPO Allotment’ option by clicking on the IPO Section.

Choose Arkade Developers by selecting the IPO option from the list of options.

Enter the necessary data: Enter your application number or PAN and click submit.

Last Words
Investors who are interested in Arkade Developers are experiencing an exciting moment as we wait for the allotment results today. There is a lot of enthusiasm in the market right now about this IPO because of its strong subscription numbers and excellent GMP.