Arkade Developers IPO subscribed nearly 43 times on Day 4. Check GMP, other details

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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