Arisinfra Solutions IPO to open for bidding: All you need to know
Based on this GMP, the estimated listing price is Rs 247 per share, reflecting an expected gain of 11.26% per share.The minimum lot size for retail investors is 67 shares, requiring a minimum investment of Rs 14,070. To avoid oversubscription scenarios, it is advised to bid at the cutoff price, which equates to Rs 14,874. For small Non-Institutional Investors (sNII), the minimum investment is 14 lots, totalling Rs 2,08,236, while for big Non-Institutional Investors (bNII), it is 68 lots, amounting to Rs 10,11,432.The IPO is managed by JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited, serving as the book running lead managers. MUFG Intime India Private Limited, also known as Link Intime, has been appointed as the registrar for the issue.Arisinfra Solutions, founded in 2021, provides a modern platform to streamline the procurement process for construction and infrastructure companies, enhancing financial management and customer experience.advertisementThe company's innovative approach has positioned it as a key player in the market, focusing on efficiency and digital solutions. This strategic emphasis on technology-driven solutions ensures a seamless experience for its clients.Post the bidding phase, the allotment of shares is expected to be finalised on June 23, 2025.Arisinfra Solutions is scheduled to list on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) with a tentative listing date set for June 25, 2025.
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