Arkade Developers IPO will finalise its share allotment on September 20. The issue was opened to investors on September 16 and stopped taking bids on September 19. The issue raised Rs 410 crore through selling 3.2 crore fresh shares of the company. Here’s how you check the status step-by-step:
Step 1
Go to your browser and search for Bigshare Services
Step 2
Open the website of Bigshare Services and click on the IPO allotment status box on the left side of the screen.
Step 3
Fill in all your details – the company’s name and Application number, Beneficiary ID, or PAN number (any of the three).
Step 4
Enter the captcha and hit the search button.
Arkade Developers IPO Details
The company is expected to be listed on BSE and NSE on September 24, as per the tentative schedule. The company kept the IPO price band in a range of Rs 121 to Rs 128 per equity share. The minimum investment for a retail buyer was Rs 14,080, or a lot of 110 shares.
BRLM and Registrar
Unistone Capital was the book-running lead manager of the IPO and Bigshare Services was the registrar for the issue.