## Arkade Developers IPO Share Allotment Finalised Today: Latest GMP, Steps to Check Allotment Status Online
### Introduction
Arkade Developers, a leading real estate developer in India, has finalised the share allotment for its initial public offering (IPO). The IPO, which opened for subscription on November 21, 2023, received a strong response from investors, with the issue being subscribed 1.5 times.
### Latest GMP
The grey market premium (GMP) for Arkade Developers shares is currently trading at ₹10, indicating a premium of 10% over the issue price of ₹90. This suggests that the shares are expected to list at around ₹100 on the stock exchanges.
### Steps to Check Allotment Status Online
Investors who applied for the Arkade Developers IPO can check their allotment status online using the following steps:
1. Visit the website of the registrar to the issue, Link Intime India Private Limited: https://linkintime.co.in/IPO/public-issues.html
2. Select ‘Arkade Developers Limited’ from the drop-down menu.
3. Enter your PAN number or application number.
4. Click on ‘Submit’.
The allotment status will be displayed on the screen.
### Key Takeaways
* Arkade Developers’ IPO was subscribed 1.5 times, indicating strong investor interest.
* The GMP for Arkade Developers shares is currently trading at ₹10, suggesting a premium of 10% over the issue price.
* Investors can check their allotment status online using the steps provided above.
### Conclusion
The finalisation of the share allotment for Arkade Developers’ IPO is a significant milestone for the company. The strong investor response and the positive GMP indicate that the company is well-positioned for growth in the future. Investors who have been allotted shares in the IPO should consider holding them for the long term to reap the benefits of the company’s growth potential.