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Arkade Developers IPO: 67% GMP, 10.8x subscription; should you bid?

Business Standard LogoBusiness Standard7h ago

Arkade Developers IPO: 67% GMP, 10.8x subscription; should you bid? - Business Standard

Quick Summary:

Arkade Developers IPO has received bids for a whopping 25,68,35,810 shares, against 2,37,75,719 shares offered, resulting in an oversubscription of 10.

Bigshare Services is the registrar for the Arkade Developers IPO, while Unistone Capital is the book-running lead manager of the public issue.

The subscription window to bid for the Arkade Developers IPO will conclude on Thursday, September 19, 2024.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 13:24:07 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 527 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22563822

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 278 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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