AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

Investors were reluctant to bet on the IPO of ₹128, it was subscribed 106 times, prices rose in the grey market

by Aaryan Srivastav
September 19, 2024
Notification Icon

Arkade Developers IPO: The IPO of real estate company Arkade Developers Limited has received a response from investors. The company’s issue has been subscribed about 106.40 times till the last day today, 19 September. Arkade Developers’ Rs 410 crore public offer has received bids for 162.96 crore shares as against 2.37 crore shares till 3 pm. According to data available with NSE, bids were received for 2,52,97,38,200 shares against the offer of 2,37,75,719 shares in the initial share sale. The category of qualified institutional buyers (QIBs) received 163.16 times subscription while the segment reserved for non-institutional investors was subscribed 162.75 times. The segment of retail individual investors (RIIs) was subscribed 50.65 times.

Rs 122.40 crore was raised from anchor investors

Arcade Developers had raised Rs 122.40 crore from anchor investors before the IPO opened. The company had fixed a price band of Rs 121-128 per share for its Rs 410 crore IPO. The IPO is entirely a fresh issue of equity shares worth Rs 410 crore. It does not involve any offer for sale (OFS). The funds raised from the IPO will be used for the development of the company’s existing and upcoming projects, acquisition of future real estate projects and general corporate purposes.

Also read: This semiconductor stock has been rocketing for 11 days, upper circuit is being seen continuously Also read: Investors pounced on the stock as soon as the debt reduced, price crossed ₹ 300, the company is owned by Anil Ambani

What is going on GMP?

According to Investorgain.com, Arcade Developers Limited IPO is available in the grey market at a premium of Rs 85. Arcade Developers Limited IPO can be listed at Rs 213. That is, this stock can give a profit of up to 67% on the very first day. Its price band is Rs 128. The company’s shares can be listed on September 24.

SendShareShareTweetSharePinShareSend

Related Posts

India's urban population is estimated to increase by about 88 crores by 2047 under developed India 'vision
Business

India’s urban population is estimated to increase by about 88 crores by 2047 under developed India ‘vision

by Aaryan Srivastav
July 11, 2025
अमेरिकी संसद में पेश हुआ 500% टैक्स बिल! भारत-रूस दोस्ती से बढ़ा तनाव , जानिए आम भारतीयों और ट्रेड पर इसका क्या प्रभाव होगा ? ​​​​​​​
Business

500% tax bill presented in US Parliament! Stress increased from India-Russia friendship, know what will be its effect on ordinary Indians and trade?

by Aaryan Srivastav
July 11, 2025
वित्त वर्ष 2025 में गोल्ड 41 प्रतिशत का जबरदस्त रिटर्न देकर परिसंपत्ति वर्ग में सबसे आगे
Business

Gold prices rose due to global instability, silver reaches all-time high

by Aaryan Srivastav
July 11, 2025

Latest News

;;;;;;;;;;;;;
Lifestyle

Now it is easy for women to earn money sitting at home, invest today only

by Kavita Nagar
July 11, 2025
Charges on Chandigarh administration: Permanent committees of Advisory Council were formed for BJP's benefits- Rajiv Sharma
News

Charges on Chandigarh administration: Permanent committees of Advisory Council were formed for BJP’s benefits- Rajiv Sharma

by Ankita Sharma
July 11, 2025
Prime Minister Modi will distribute more than 51,000 appointment letters in 16th employment fair
India

Prime Minister Modi will distribute more than 51,000 appointment letters in 16th employment fair

by Amit Tripathi
July 11, 2025
India's urban population is estimated to increase by about 88 crores by 2047 under developed India 'vision
Business

India’s urban population is estimated to increase by about 88 crores by 2047 under developed India ‘vision

by Aaryan Srivastav
July 11, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2025 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2025 AnyTV News Network All Rights Reserved.