Arkade Developers Limited IPO Review
Neutral128-128 · Mainboard
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Analyst Verdict
Arkade Developers Limited IPO
Neutral
IPO at a Glance
Price Band
128-128
Issue Size
410cr
Min. Investment
₹14,080
Opens
2024-09-14
Closes
2024-09-17
Listing
2024-09-22
Category
Mainboard
Key Strengths
✓The company is a leading player and amongst the top 10 developers in terms of supply in select micro-markets of, and an established developer in, Mumbai Metropolitan Region (MMR), Maharashtra
✓It has strong in-house resources as the company adopted an integrated business model to carry on a project from its initiation to completion. Its in-house resources include legal team, business development, purchase and contracts, and a sales and marketing team.
✓A key aspect of its success and growth over the years has been the ability to consistently deliver projects within, and often before, the scheduled project completion timelines.
Key Risks
⚠The company does not enter into long-term agreements for the supply of labour and key materials for the construction of its projects. Any significant increase in the prices, or shortage of, or delay or disruption in supply of labour or key materials for construction may result in time or cost overruns and may impact the business prospects.
⚠The company relies on third-party contractors whom it does not control to construct the projects.
⚠The company’s revenue from operation is significantly dependent on its ability to sell the units on time. If it is not able to sell the project inventories promptly, then it may adversely affect the business.
⚠The company operates in a competitive industry. Any inability to compete effectively may lead to a lower market share or reduced operating margins.
⚠The entire business is concentrated within the MMR region. Any event or circumstance that adversely affects the real estate market in the MMR region will hurt the business.
⚠Its redevelopment projects have long gestation periods and any delays and cost overruns could adversely affect the business prospects.
Frequently Asked Questions
Should I apply for Arkade Developers Limited IPO?
Based on our analysis, our rating for Arkade Developers Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Arkade Developers Limited IPO?
The company does not enter into long-term agreements for the supply of labour and key materials for the construction of its projects. Any significant increase in the prices, or shortage of, or delay or disruption in supply of labour or key materials for construction may result in time or cost overruns and may impact the business prospects. The company relies on third-party contractors whom it does
What are the strengths of Arkade Developers Limited IPO?
The company is a leading player and amongst the top 10 developers in terms of supply in select micro-markets of, and an established developer in, Mumbai Metropolitan Region (MMR), Maharashtra It has strong in-house resources as the company adopted an integrated business model to carry on a project from its initiation to completion. Its in-house resources include legal team, business development, p
What is the price band of Arkade Developers Limited IPO?
The price band for Arkade Developers Limited IPO is 128-128. The IPO has closed.
Full Analysis Available
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