Latest news with #ArisinfraSolutionsLimited
Business Upturn
03-07-2025
- Business
- Business Upturn
Arisinfra wins Rs 100 crore development management contract in Bangalore
By Aditya Bhagchandani Published on July 3, 2025, 20:00 IST Arisinfra Solutions Limited announced on Thursday that its subsidiary, ArisUnitern RE Solutions Private Limited, has been awarded a significant contract by Village Wave Private Limited for a development management project in Bangalore. The project, located at Shingadi Kadirenahalli Village, spans approximately 21.9 acres and involves the development of plots and villas. In a regulatory filing with the BSE and NSE, Arisinfra informed that the scope of the contract includes the exclusive supply of construction materials, project management, sales and marketing, and lender management services. The estimated value of the contract is approximately Rs 100 crore, and the execution period is expected to be up to 48 months from the contract's commencement date of July 3, 2025. The company clarified that the order was awarded by a domestic entity and does not fall under related party transactions, nor do the promoters have any interest in Village Wave Private Limited. Commenting on the development, Ronak Morbia, Chairman and Managing Director of Arisinfra Solutions, said the project strengthens the company's presence in Bangalore's growing real estate market and showcases its expertise in providing end-to-end development management services. The company, formerly known as Arisinfra Solutions Private Limited, has been actively expanding its portfolio of professional services in the construction and real estate sectors. This new project marks another step in Arisinfra's strategy to participate in large-scale residential developments in India's key cities. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
23-06-2025
- Business
- Time of India
Arisinfra Solutions IPO allotment status expected today; here's how to check
Here's how investors can check their application status: Live Events On the BSE website: Enter your application number and PAN (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The allotment status for Arisinfra Solutions' Rs 500 crore initial public offering (IPO) is expected to be finalised today. Investors who applied in the public issue can check whether they have been allotted shares by visiting the registrar's website or the BSE portal once the allotment is IPO, which ran from June 18 to June 20, was entirely a fresh issue of 2.25 crore shares priced at Rs 222 apiece. The issue received a decent overall subscription of 2.80 times, with strong demand from retail investors, who subscribed 5.90 times their allocated non-institutional investor (NII) category was subscribed 3.32 times, while the Qualified Institutional Buyer (QIB) segment was subscribed 1.50 times. Anchor investors had earlier brought in Rs 224.82 crore ahead of the IPO the registrar's website (Link Intime):Visit Select 'Arisinfra Solutions Limited' from the dropdown menuEnter your PAN, application number, or DP/Client ID to view the allotment detailsGo to Select 'Equity' and choose 'Arisinfra Solutions Limited' from the dropdownArisinfra Solutions is a B2B tech-driven player in the construction materials procurement and supply space, serving clients across over 900 pin codes in India. The company plans to use the IPO proceeds to repay borrowings, meet working capital needs, and invest in its subsidiary shares are expected to be credited to demat accounts by June 24, and the stock is scheduled to list on both BSE and NSE on June 25.
Economic Times
23-06-2025
- Business
- Economic Times
Arisinfra Solutions IPO allotment status expected today; here's how to check
Here's how investors can check their application status: Live Events On the BSE website: Enter your application number and PAN (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The allotment status for Arisinfra Solutions' Rs 500 crore initial public offering (IPO) is expected to be finalised today. Investors who applied in the public issue can check whether they have been allotted shares by visiting the registrar's website or the BSE portal once the allotment is IPO, which ran from June 18 to June 20, was entirely a fresh issue of 2.25 crore shares priced at Rs 222 apiece. The issue received a decent overall subscription of 2.80 times, with strong demand from retail investors, who subscribed 5.90 times their allocated non-institutional investor (NII) category was subscribed 3.32 times, while the Qualified Institutional Buyer (QIB) segment was subscribed 1.50 times. Anchor investors had earlier brought in Rs 224.82 crore ahead of the IPO the registrar's website (Link Intime):Visit Select 'Arisinfra Solutions Limited' from the dropdown menuEnter your PAN, application number, or DP/Client ID to view the allotment detailsGo to Select 'Equity' and choose 'Arisinfra Solutions Limited' from the dropdownArisinfra Solutions is a B2B tech-driven player in the construction materials procurement and supply space, serving clients across over 900 pin codes in India. The company plans to use the IPO proceeds to repay borrowings, meet working capital needs, and invest in its subsidiary shares are expected to be credited to demat accounts by June 24, and the stock is scheduled to list on both BSE and NSE on June 25.
Mint
20-06-2025
- Business
- Mint
Arisinfra Solutions IPO day 3 Live: GMP, subscription status to review. Apply or not?
ArisInfra Solutions Ltd's public issue opened for subscription on June 18 and will remain open until June 20. The company, which operates in the B2B tech space, focuses on streamlining and digitizing the procurement of construction materials. Despite a modest initial response, the retail investor segment was fully subscribed on the very first day. On Tuesday, the company announced that it had secured ₹ 225 crore from anchor investors a day ahead of its IPO launch. The anchor allotment saw participation from several entities, including Astorne Capital VCC, Niveshaay Hedgehogs Fund, Citigroup Global Markets Mauritius, Rajasthan Global Securities, Sunrise Investment, Nexus Global Opportunities Fund, Zeal Global Opportunities Fund, Saint Capital Fund, and Beacon Stone Capital, among others. The price band for the ArisInfra Solutions IPO has been set between ₹ 210 and ₹ 222 per equity share, each having a face value of ₹ 2. The minimum bid lot consists of 67 equity shares, with further bids required in multiples of 67 shares. Based on the upper limit of the price band, the company's valuation nears ₹ 1,800 crore. According to the company, 75% of the total issue is earmarked for qualified institutional buyers, 15% for non-institutional investors, and the remaining 10% is set aside for retail investors. ArisInfra Solutions IPO subscription status is 1.43 times on day 3 so far. The retail portion was subscribed 3.26 times, and NII portion was booked 1.62 times. Qualified Institutional Buyers (QIBs) portion received 74% bids. The company has received bids for 1,89,72,859 shares against 1,30,84,656 shares on offer, at 10:10 IST, according to data on BSE. ' Arisinfra Solutions Limited is engaged in technology enabled B2B supplier for construction materials, that has growing market. It enjoys virtual monopoly in the segment and is most preferred partner in construction activities. It posted losses till FY24 and has just turned corner for 9M of FY25. Based on latest working the issue is aggressively priced, and based on working till FY24, the P/E is negative. Well-informed/cash surplus investors may park moderate funds for long term, others may simply stay away from this pricey bet,' said brokerage firm Bajaj Broking. Meanwhile, brokerage firm BP Equities said, ' Arisinfra Solutions Limited is currently valued at a P/E ratio of 273x on the upper price band, based on FY25 annualized earnings, which is relatively high; however, it remains well-positioned for future growth, considering that it is the only player in this emerging segment with an intention to repay debt and invest in its subsidiary. We thus recommend a 'SUBSCRIBE' rating for investors with a medium to long-term investment horizon.' ArisInfra Solutions' IPO Grey Market Premium (GMP) stands at ₹ 13 today, indicating that its shares are trading ₹ 25 above the issue price in the unofficial market, as per Based on the IPO's upper price band and the current GMP, the expected listing price is around ₹ 235 per share—an 5.86% gain over the issue price of ₹ 222. However, grey market trends from the past eight sessions show a declining trajectory in the GMP, which is likely to drop further. The highest GMP during this period was ₹ 40, while the lowest is the current ₹ 25, according to experts cited by Grey market premium' indicates investors' readiness to pay more than the issue price. ArisInfra Solutions' IPO comprises a fresh equity share issuance worth ₹ 499.6 crore, with no offer for sale (OFS) component. The proceeds from the IPO will be used to fund the company's working capital requirements, provide working capital support to its subsidiary Buildmex-Infra, purchase part of the stake from existing shareholders of its subsidiary ArisUnitern Re Solutions Pvt Ltd, repay outstanding debt, and cover general corporate expenses. JM Financial, IIFL Capital Services, and Nuvama Wealth Management are acting as the lead managers for the issue. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
17-06-2025
- Business
- Mint
Arisinfra Solutions IPO: Mumbai-based firm raises ₹224.8 crore from anchor investors ahead of public issue
Arisinfra Solutions IPO: Mumbai-based construction materials provider Arisinfra Solutions Limited completed its anchor investor round on Tuesday, 17 June 2025. The company raised ₹ 224.8 crore from its anchor investors ahead of the public issue, according to the exchange filing. According to BSE data, the company allocated 1,01,26,946 or more than 1.01 crore equity shares to anchor investors at an allocation price of ₹ 222 per share, with a face value of ₹ 2 apiece. Citigroup Global, Astorne Capital, Necta Bloom, Nexus Global, Zeal Global, Saint Capital, Winro Commercial, and Sunrise Investment Trust are among the top investors who invested in the public issue ahead of the public subscription. Out of the 15 anchor investors, Necta Bloom VCC—Regal Fund has the largest allocation, at 16.24 per cent of the total anchor allocation. Astorne Capital came in second, with a 13.34 per cent allocation of the total anchor issue. There were no domestic mutual funds that applied for the anchor investor issue on Tuesday, according to the BSE filing. As of Tuesday, 17 June 2025, the grey market premium (GMP) for Arisinfra Solutions IPO stood at ₹ 25 per share. With the upper price band at ₹ 222 per share, the shares are expected to be listed at ₹ 247, a premium of 11.26 per cent, according to The Grey Market Premium (GMP) is an indicator of investors' willingness to subscribe to a primary issue. As of the end of the anchor day, the GMP is flat at ₹ 25 apiece. Arisinfra Solutions IPO is an entirely fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the company aims to raise nearly ₹ 499.60 crore from the book-built issue. However, there is no offer-for-sale (OFS) component for this public issue. The company seeks to use the proceeds from the IPO to repay or prepay loans, support its working capital requirements, and invest in a subsidiary. It also disclosed plans for a potential unidentified acquisition, while the remaining funds will be used for general corporate needs. The company has fixed the price band for the public issue in the range of ₹ 210 to ₹ 222 per equity share with a lot size of 67 shares per lot. The IPO will open on Wednesday, 18 June 2025, and is scheduled to close on Friday, 20 June 2025. JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited are the book-running lead managers for the Arisinfra Solutions IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue. Read all stories by Anubhav Mukherjee
