Arkade Developers IPO Subscription Status
Arkade Developers IPO was subscribed 112.67 times when bidding closed on 19 Sep 2024: QIB 172.6x, NII 172.22x, Retail 53.78x.
The Arkade Developers IPO has been subscribed 112.67x times overall. Retail investors have shown interest with bids for 53.78x the shares available. The Non-Institutional Investor (NII) category has been subscribed 172.22x. Within NII, Big HNI (B-HNI) subscribed 169.95x and Small HNI (S-HNI) subscribed 176.76x. Qualified Institutional Buyers (QIBs) have subscribed 172.6x. Data last updated on 10 Nov, 06:54 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 16 Sep, 2024 and closes on 19 Sep, 2024. The shares are expected to list on stock exchanges on 24 Sep, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 172.6x |
| NII | - of - - | 172.22x |
bHNI — bid amount above ₹10 Lakh |
- - | 169.95 |
sHNI — bid amount ₹2–10 Lakh |
- - | 176.76 |
| Retail | - of - - | 53.78x |
| TOTAL | - - | 112.67x |
Arkade Developers IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 54 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 172.6x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 4-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
19 Sep 2024
Day 4 |
112.67x | ▼ | |
|
QIB172.6x
BHNI169.95x
SHNI176.76x
Retail53.78x
|
|||
|
18 Sep 2024
Day 3 |
105.89x | ▼ | |
|
QIB163.16x
BHNI160.65x
SHNI165.75x
Retail49.81x
|
|||
|
17 Sep 2024
Day 2 |
29.44x | ▼ | |
|
QIB0.61x
BHNI49.14x
SHNI78.21x
Retail33.28x
|
|||
|
16 Sep 2024
Day 1 |
5.74x | ▼ | |
|
QIB0.23x
BHNI5.49x
SHNI12.34x
Retail7.98x
|
|||
Arkade Developers IPO dates
From the bidding window to listing. Today is 11 November.
- Open 16 Sep 2024
- Close 19 Sep 2024
- Allotment 20 Sep 2024
- Refund/credit 23 Sep 2024
- Listing 24 Sep 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Arkade Developers IPO?
As of IPO close date (19 Sep, 2024), the Arkade Developers IPO is subscribed 112.67x times. Retail category is 53.78x, and NII is 172.22x subscribed.
When is the allotment date for Arkade Developers IPO?
The allotment for Arkade Developers IPO is expected to be finalized on 20 September, 2024.
What is the GMP of Arkade Developers?
The Grey Market Premium (GMP) for Arkade Developers is currently ₹61, indicating a potential listing gain of 48%.
When will Arkade Developers IPO list on the stock market?
Arkade Developers is scheduled to list on BSE and NSE on 24 September, 2024.
What are the chances of getting allotment in Arkade Developers IPO?
The retail category is oversubscribed at 53.78x, meaning allotment is by lottery. Statistically, approximately 1 in 54 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 172.6x mean for Arkade Developers IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 172.6x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Arkade Developers IPO allotment status?
After the allotment date (20 Sep, 2024), you can check your Arkade Developers IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Arkade Developers IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
