In this News we give you details of what the company does ? how many projects the company has done ? , the company’s revenue ? what the company will do with the IPO money ?

Arkade Developers Limited is a real estate company. The owners of this company are Mr. Mangilal Jain and Mr. Amit Jain. This real estate company is based in Mumbai. It was founded in 2003 by Mr. Mangilal Jain and Mr. Amit Jain.
Total Projects: Arkade Developers Limited has done more than 28 projects till now.

There were some big projects in it. The names of those projects are given below.

1. Arkade Earth: This was a high quality residential project. Which was built by this company in Kanjurmarg (E), Mumbai.
2. Arkade Crown: This was also a great project which was completed by them in Borivali, Mumbai.
3. Arkade Art: In this project, they built a very beautiful design and ultra-modern facilities in Goregaon. Purpose of launching IPO
   This company’s IPO will open on 16 September 2024 and will close on 19 September 2024. Its price range will be 121 to 128. You will have to make a minimum investment of 13310 rupees in this.
   Company Revenue
   This company had a revenue of 635.71 crores in 2024, in which its profit was ₹122.81 crores
   This company had a revenue of 224.1 crores in 2023, in which its profit was 24 crores
   This company had a revenue of 237.18 crores in 2022, in which its profit was 25 crores
   What will the company do with the IPO money?
   The company is looking to raise a fund of ₹410 crores from the IPO. Which it will use to acquire new projects and invest in ongoing projects

Its IPO may perform well

Its upto you whether to invest in this company or not.

Company Website : https://arkade.in/

Suzlon का शेयर आपको देगा आपको हाई Return