Arkade Developers IPO GMP Today
The Arkade Developers IPO GMP is ₹0 (0.0% over the upper price band of ₹128) as of 6 Sep 2024, giving an estimated listing price of ₹128 per share. On a minimum application of 110 shares, that is an estimated gain of ₹0. GMP has fallen by ₹63 since tracking began on 24 Sep.
Last updated
- Issue Price
- ₹128
- GMP
- ₹0
- GMP %
- 0.0%
- Est. listing
- ₹128
- Est. gain / application
- ₹0
Arkade Developers IPO GMP trend
Tracked for 19 days. High ₹86 on 17 Sep, low ₹0 on 9 Sep.
Arkade Developers IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (110 sh) |
|---|---|---|---|---|---|
| (latest) | ₹0 | 0 | 0.00% | ₹128 | ₹0 |
| ₹0 | 0 | 0.00% | ₹128 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹128 | ₹0 | |
| ₹0 | -₹48 | 0.00% | ₹128 | ₹0 | |
| ₹48 | 0 | 37.50% | ₹176 | +₹5,280 | |
| ₹48 | -₹15 | 37.50% | ₹176 | +₹5,280 | |
| ₹63 | 0 | 49.22% | ₹191 | +₹6,930 | |
| ₹63 | -₹7 | 49.22% | ₹191 | +₹6,930 | |
| ₹70 | -₹10 | 54.69% | ₹198 | +₹7,700 | |
| ₹80 | -₹6 | 62.50% | ₹208 | +₹8,800 | |
| ₹86 | 0 | 67.19% | ₹214 | +₹9,460 | |
| ₹86 | +₹1 | 67.19% | ₹214 | +₹9,460 | |
| ₹85 | +₹25 | 66.41% | ₹213 | +₹9,350 | |
| ₹60 | -₹3 | 46.88% | ₹188 | +₹6,600 | |
| ₹63 | 0 | 49.22% | ₹191 | +₹6,930 | |
| ₹63 | 0 | 49.22% | ₹191 | +₹6,930 | |
| ₹63 | 0 | 49.22% | ₹191 | +₹6,930 | |
| ₹63 | 0 | 49.22% | ₹191 | +₹6,930 | |
| ₹63 | — | 49.22% | ₹191 | +₹6,930 |
Est. listing = upper price band (₹128) + GMP. Est. gain = GMP × 110 shares (1 lot, the minimum application).
Arkade Developers IPO subscription status
| QIB | 163.16x |
|---|---|
| bNII | 160.65x |
| sNII | 167.56x |
| Retail | 51.26x |
| Total | 106.76x |
Reading the Arkade Developers IPO GMP
The grey market premium is the price above the issue price at which Arkade Developers IPO shares are informally traded before listing. A GMP of ₹0 on an upper band of ₹128 suggests the shares could open around ₹128, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
A zero GMP means grey market participants currently expect little or no premium on listing.
Arkade Developers IPO GMP: FAQs
- What is Arkade Developers IPO GMP today?
- The latest grey market premium (GMP) for the Arkade Developers IPO is ₹0 as of 6 September 2024, which is 0.00% over the upper price band of ₹128.
- What is the expected listing price of Arkade Developers IPO?
- Based on the current GMP, the estimated listing price of Arkade Developers IPO is ₹128 per share (₹128 issue price + ₹0 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Arkade Developers IPO?
- The lot size is 110 shares. The minimum application is 1 lot, which costs ₹14,080 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.