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Company Information

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ARKADE DEVELOPERS LTD.

21 November 2024 | 12:00

Industry >> Realty

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ISIN No INE0QRL01017 BSE Code / NSE Code 544261 / ARKADE Book Value (Rs.) 19.23 Face Value 10.00
Bookclosure 52Week High 190 EPS 6.62 P/E 19.50
Market Cap. 2395.62 Cr. 52Week Low 128 P/BV / Div Yield (%) 6.71 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as `Arkade Developers Private Limited', at Mumbai as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on May 13, 1986. Thereafter, our Company was converted into a public limited company, pursuant to a special resolution passed by our Shareholders on June 5, 2023, and the name of our Company was changed to its present name pursuant to a fresh certificate of incorporation issued by the RoC on July 7, 2023.

Major Events and Milestones:
2005
-Acquired and Launched Project Casa Bella in Borivali West.

2007
-Commenced Redevelopment of Vineet Co-operative Housing Society in Kandivali West

2008
-Commenced Redevelopment of Om Khushal Co-operative Housing Society in Vile Parle East.

2013
-Completed the Company's first project in South Mumbai, namely, Project Arkade Fortuna.

2016
-Entered into Development Agreement for Project Arkade Earth in Kanjurmarg.

2018
-Successfully completed project named Arkade Art in Mira Road

2020
-Completed a project in South Mumbai at Carmichael Road named Arkade Rise.

2021
-Acquired Land in Andheri East admeasuring 2,091.60 square metres
-Acquired Land in Goregaon East 5,932.90 square metres

2022
-Completed development of Project Arkade Earth in Kanjurmarg.
-Commenced Redevelopment of Vivek Co-operative Housing Society in Santacruz West.
-Completed development of Project Arkade Darshan in Vile Parle East.

2023
-Acquired Land in Nahur, Mulund admeasuring 8,327.20 square metres.
-Successfully completed Arkade Serene within 19 months from Commencement Certificate.
-Acquired Land in Bhandup admeasuring 11,967 square metres.

2024
-Successfully completed Arkade Crown within 25 months from Commencement Certificate.