What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for ARKADE DEVELOPERS LIMITED IPO?

Based on the upper price band of ₹128 and current GMP of ₹63, the estimated listing price is ₹191 (approx. 49.2% gain).

What is the expected profit per lot for ARKADE DEVELOPERS LIMITED IPO?

With a lot size of 110 shares and current GMP of ₹63, expected profit per retail application lot is approximately ₹6,930.

IPO GreyPremiumLIVE

Grey Market Intelligence

ARKADE DEVELOPERS LIMITED

ListedMainboard

Real Estate · NSE / BSE

Arkade Developers Limited, originally incorporated in May 1986 and later converted into a public company in July 2023, is a real estate developer focused mainly on residential projects and redevelopment work in the Mumbai Metropolitan Region (MMR). The company is known for high-quality construction and timely project delivery, which has helped build strong trust among homebuyers. Over the years, Arkade has expanded across multiple key locations in Mumbai and offers a variety of residential options. Its projects are known for modern designs, sustainable construction practices, and compliance with all necessary regulatory standards.

Price Band

₹121 – ₹128

Issue Size

₹410 Cr

Lot Size

110 shares

GMP

₹63

+49.2%

Est. Listing

₹191

at current GMP

Subscribed

113.48x

overall

Open

16 Sep 2024

19 Sep 2024

Allotment

20 Sep 2024

Refund

21 Sep 2024

Demat Credit

22 Sep 2024

Listing

24 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

ARKADE DEVELOPERS LIMITED GMP Today

Last updated: 19 Oct 2026

Current Premium

₹63+49.2%

Issue Price (Upper)

₹128

Band: ₹121 – ₹128

Estimated Listing Price

₹191

Upper price + GMP

Lot Size

110 shares

Min investment ₹14,080

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
27 Feb 2025	+₹63	49.2%	₹191
11 Mar 2025	+₹63	49.2%	₹191
3 Nov 2025	+₹63	49.2%	₹191
20 Nov 2025	+₹63	49.2%	₹191

About ARKADE DEVELOPERS LIMITED Public Issue & Market Profile

ARKADE DEVELOPERS LIMITED is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹410 Crores. The shares are offered at a price band of ₹121 to ₹128 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 110 shares (approx. ₹14,080 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-22, while un-allotted funds or UPI block mandates will be released on 2024-09-21.

Frequently Asked Questions

What is ARKADE DEVELOPERS LIMITED IPO GMP today?

The latest grey market premium for ARKADE DEVELOPERS LIMITED IPO is ₹63, which indicates an expected listing price of ₹191.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.