By Pritam Yadav 
The eagerly anticipated Arkade Developers IPO has sparked a wave of excitement among investors, with many keen to secure a piece of this emerging player in Mumbai’s real estate market. Known for its high-quality residential and commercial projects, Arkade Developers has drawn significant interest in its Initial Public Offering (IPO). Now that the subscription period has ended, the next important step for investors is to check the Arkade Developers IPO allotment status.
In this article, we will guide you on how to check the allotment status, key dates to remember, and important details about Arkade Developers’ IPO, making sure it is SEO-optimized and valuable for readers.
Arkade Developers IPO Overview
- Face Value: ₹10 per share
- Listing on: NSE and BSE
Arkade Developers is a reputed name in Mumbai’s real estate sector, particularly for its focus on quality residential and commercial developments. The company’s strong brand recognition, coupled with growth potential, has made this IPO a hot commodity among retail and institutional investors alike.
How to Check Arkade Developers IPO Allotment Status?
Once the IPO allotment process is completed, you can check the status of your allotment online using two primary methods: through the BSE website or the registrar’s website.
Method 1: Check on BSE Website
- Visit the official BSE website (https://www.bseindia.com/).
- Navigate to the ‘Equity‘ section under the “Status of Issue” page.
- Select Arkade Developers IPO from the drop-down menu.
- Enter your Application Number or PAN Card number.
- Click on Search to see if the shares have been allotted to you.
Method 2: Check on Registrar’s Website
The official registrar for Arkade Developers IPO will handle the allotment and refund process. You can check your status by visiting the registrar’s website, likely to be Link Intime India Private Ltd or another designated registrar.
- Go to the registrar’s website.
- Select Arkade Developers IPO from the list of active IPOs.
- Enter either your PAN, Application Number, or DP Client ID.
- Submit the details to view your allotment status.
What Happens After Allotment?
- Allotment Confirmation: If you have received an allotment, the shares will be credited to your Demat account by the allotment date.
- Refund Process: If you did not receive any shares, the refund will be initiated within the specified refund period. The refund will be credited to your bank account linked to your IPO application.
Arkade Developers IPO Subscription Details
During the subscription window, the Arkade Developers IPO received considerable attention from retail investors, qualified institutional buyers (QIBs), and non-institutional investors (NIIs). Here’s a summary of the subscription figures:
About Arkade Developers: A Promising Future in Real Estate
Arkade Developers is a Mumbai-based real estate company specializing in high-end residential and commercial projects. With over two decades of experience in the sector, Arkade Developers has built a strong portfolio of successful projects, contributing to its solid reputation. The funds raised from the IPO will be used to expand existing projects, pay off debts, and fund future developments.
Why Investors are Eyeing Arkade Developers IPO
- Strong Market Presence: Arkade Developers has a robust brand presence in the Mumbai real estate market.
- Future Growth Potential: The company plans to expand into newer markets, ensuring long-term growth.
- Financial Stability: Arkade Developers has shown consistent financial performance, making it an attractive investment.
- Positive Market Sentiment: The real estate sector has been booming, especially post-pandemic, as people look for better living and commercial spaces.
Conclusion
The Arkade Developers IPO has generated a lot of buzz, and with good reason. As one of the emerging real estate developers in Mumbai, the company’s future prospects look bright. If you’ve applied for the IPO, checking the allotment status is an important next step, and the methods mentioned above will help you do so quickly and easily.
Don’t miss out on the upcoming updates about Arkade Developers’ IPO listing, refunds, and more. Stay tuned, and best of luck with your IPO investment!