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2024-09-19 09:52:31| The Economic Times

Arkade Developers' IPO, which opened for subscription on September 16, has been 42.7 times oversubscribed as of Thursday, the final day for bidding. By around 1 pm, non-institutional investors had subscribed over 100 times, retail investors 42 times, and qualified institutional buyers (QIBs) at 90%.


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2024-09-19 09:22:25| The Economic Times

The portion reserved for the retail investors as well as the NIIs received a solid response and was booked nearly 21.7 times and 30.31times, respectively. The quota reserved for qualified institutional buyers (QIBs) was booked by just 24%.


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2024-09-19 09:19:22| The Economic Times

As of 12 noon, the non-institutional investors subscribed the issue by 84.8 times, followed by the retail investors, who had subscribed the issue by 24 times. Meanwhile the Qualified Institutional Buyers (QIBs) had subscribed the issue by 6.3 times.


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