Arkade Developers IPO Subscribed 16 times on Day 2; Ipo Gmp Stand at 85 (66.41%)
Mumbai-based real estate developer Arkade Developers IPO, which has seen strong investor demand. The IPO was oversubscribed 16.2 times by the end of the second day, with 38.5 crore shares bid against the 2.4 crore shares offered, according to provisional…