Arkade Developers Limited is a Mumbai-based real estate development company focused on premium residential projects. Its operations include new developments on acquired land and redevelopment of existing housing premises, predominantly across micro-markets in the Mumbai Metropolitan Region. As of June 30, 2024, the company and projects undertaken through its promoter and joint arrangements had completed 28 projects aggregating more than 4.5 million square feet and had served approximately 4,000 customers.
| Price Band | ₹121 - ₹128 per share |
| Lot Size | 110 shares |
| Min Investment | ₹14,080 |
| Face Value | ₹10 |
| Total Issue Size | ₹410 crore |
| Fresh Issue | ₹410 crore |
| Issue Type | Book Built |
| Lead Manager(s) | Unistone Capital Private Limited |
| Registrar | Bigshare Services Private Limited |
| Listing At | NSE & BSE |
| Metric | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Revenue | 634.74 | 220.15 | 228.93 |
| EBITDA | 169.38 | 68.33 | 69.97 |
| Profit After Tax | 122.81 | 50.77 | 50.84 |
| Net Worth | 323.4 | 200.32 | 149.5 |
| EPS | 8.08 | 3.34 | 3.32 |
| Purpose | Amount (₹ Cr) | % |
|---|---|---|
| Funding a part of the development costs of ongoing projects, namely Arkade Nest, Prachi CHSL and C-Unit | 250 | 60.98 |
| Funding acquisition of yet-to-be-identified land for real estate projects and general corporate purposes | 131.07 | 31.97 |
| Issue-related expenses | 28.94 | 7.06 |
| Announced | Type | Per Share (₹) | % |
|---|---|---|---|
| 25 Jul 2025 | Interim | 1 | 10 |
| Date | Company | Stake | Value (₹ Cr) |
|---|---|---|---|
| 03 Jul 2025 | Filmistan Private Limited | 100% | 182.95 |
| Effective | Old Name | New Name |
|---|---|---|
| 30 Jun 2023 | Arkade Developers Private Limited | Arkade Developers Limited |
| Quarter | Promoters | FII | DII | Public |
|---|---|---|---|---|
| 2026-06-30 | 71.19 | 0.13 | 0.08 | 28.59 |
| Company | Mkt Cap (₹ Cr) | P/E | RoE | EPS |
|---|---|---|---|---|
| Arkade Developers Limited | 2,517.8 | 13.9 | 20.8 | 0.29 |
| Keystone Realtors Limited | 0 | 97.8 | 6 | 9.85 |
| Godrej Properties Limited | 0 | 71.4 | 8 | 26.09 |
| Macrotech Developers Limited | 0 | 61.9 | 10 | 16.03 |
| Suraj Estate Developers Limited | 0 | 40.7 | 23 | 19.39 |
Arkade Developers Limited is a Mumbai-based real estate development company focused on premium residential projects. Its operations include new developments on acquired land and redevelopment of existing housing premises, predominantly across micro-markets in the Mumbai Metropolitan Region. As of June 30, 2024, the company and projects undertaken through its promoter and joint arrangements had completed 28 projects aggregating more than 4.5 million square feet and had served approximately 4,000 customers.
| ISIN | INE0QRL01017 |
| CIN | L45200MH1986PLC039813 |
| Incorporated | 13 May 1986 |
| Industry | Real Estate Development |
| Headquarters | Mumbai, Maharashtra |
| Website | www.arkade.in |
| Name | Designation | Independent |
|---|---|---|
| Amit Mangilal Jain | Chairman & Managing Director | No |
| Arpit Vikram Jain | Whole-Time Director | No |
| Sandeep Ummedmal Jain | Whole-Time Director | No |
| Neha Sunil Huddar | Non-Executive Independent Director | Yes |
| Abhishek Dev | Non-Executive Independent Director | Yes |
| Sumesh Ashok Mishra | Non-Executive Independent Director | Yes |
The IPO was priced at ₹128 per equity share, at the upper end of the ₹121-₹128 price band.
Arkade Developers listed on NSE and BSE on 2024-09-24 under NSE symbol ARKADE and BSE code 544261.
The shares listed at ₹175 on NSE, representing a 36.72% premium over the ₹128 issue price.
Yes. The company declared a ₹1 per share interim dividend for FY2025-26, with 2025-08-01 as the record and ex-dividend date.
The ISIN of Arkade Developers Limited equity shares is INE0QRL01017.
Amit Mangilal Jain is the Chairman and Managing Director.
The IPO was a ₹410 crore fresh issue with no offer-for-sale component.
Arkade Developers develops residential real estate, including greenfield and redevelopment projects, primarily in the Mumbai Metropolitan Region.
Promoter and promoter-group holding was 71.19% for the quarter ended 2026-06-30.
No bonus issue or stock split was identified from the available exchange and company disclosures through 2026-07-26.