Latest news with #ArisinfraSolutionsLtd
Business Upturn
3 days ago
- Business
- Business Upturn
Arisinfra signs Rs 75 crore MOU with Wadhwa Construction for Panvel Wise City project
By Aditya Bhagchandani Published on July 15, 2025, 18:20 IST Arisinfra Solutions Ltd. (NSE: ARISINFRA), India's listed provider of organised construction material supply and value-added services, announced it has signed a Memorandum of Understanding (MOU) with Wadhwa Construction and Infrastructure Pvt. Ltd. for the next phase of the flagship Wadhwa Wise City project in Panvel. The company will supply materials for the development of seven new residential towers covering a total construction area of 1.2 million sq. ft. This phase is expected to generate approximately ₹75 crore in revenue for Arisinfra over the next 36–40 months. Wadhwa Wise City, spread across 250+ acres near the upcoming Navi Mumbai International Airport, is an integrated township featuring homes, villas, commercial and retail spaces, educational institutions, and spiritual centres. With over 3,000 homes already delivered, this next phase aligns with the region's ongoing infrastructure growth, including the Panvel–Karjat suburban railway line. Ronak Morbia, Chairman & Managing Director of Arisinfra, said: 'We are proud to deepen our association with the Wadhwa Group on a landmark development like Wise City. This mandate demonstrates our execution capability and the trust we've built by solving real supply chain gaps for large projects.' Navin Makhija, Promoter of The Wadhwa Group, added: 'Having a trusted partner like Arisinfra gives us the confidence to plan ahead — knowing that reliable material supplies are taken care of seamlessly, we can focus on delivering a thriving urban community at scale.' The agreement further strengthens Arisinfra's strategy of partnering with top developers to build long-term material supply pipelines through dependable service and a robust distribution network. 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.
Mint
24-06-2025
- Business
- Mint
Arisinfra Solutions IPO listing date likely tomorrow; Here's what GMP signals
Arisinfra Solutions IPO: The initial public offering (IPO) of construction and infrastructure solutions provider Arisinfra Solutions Ltd received decent response. The bidding period has ended and Arisinfra Solutions IPO allotment has been finalised, investors now focus on Arisinfra Solutions IPO listing date which is likely tomorrow, June 25. The public issue was open from June 18 to June 20, while the Arisinfra Solutions IPO allotment was fixed on June 24. Arisinfra Solutions IPO listing date is likely 25 June 2025. Ahead of Arisinfra Solutions IPO listing date, here's a look at the trends in the grey market premium (GMP). Arisinfra Solutions IPO GMP Today Arisinfra Solutions shares are showing no buzz in the unlisted market. According to stock market experts, Arisinfra Solutions IPO GMP today is ₹0 per share. This means that Arisinfra Solutions shares are trading without any premium or discount to their IPO price in the grey market. Considering the Arisinfra Solutions IPO GMP today, the estimated listing price of Arisinfra Solutions shares would be ₹222 apiece, which is at par to their issue price of ₹222 per share. Arisinfra Solutions IPO Details Arisinfra Solutions IPO opened for public subscription on June 18 and closed on June 20. The IPO allotment was finalized on June 23, and Arisinfra Solutions IPO listing date is likely June 25. Arisinfra Solutions shares will be listed on both the stock exchanges, BSE and NSE. Arisinfra Solutions IPO price band was fixed at ₹222 per share. The company raised ₹499.60 crore from the book-building issue which was entirely a fresh issue of 2.25 crore equity shares. Arisinfra Solutions IPO was subscribed 2.65 times in total as the issue received bids for 3.46 crore equity shares as compared to 1.30 crore shares on the offer, NSE data showed. The retail investors segment was subscribed 5.59 times, the Non Institutional Investors (NII) portion was booked 3.14 times, and the Qualified Institutional Buyers (QIBs) segment was subscribed 1.42 times. JM Financial, IIFL Capital Services, Nuvama Wealth Management are the book running lead managers of the Arisinfra Solutions IPO, while MUFG Intime India (Link Intime) is the IPO registrar.
Time of India
20-06-2025
- Business
- Time of India
Arisinfra Solutions' IPO subscribed 1.32 times on Day 2 of offer
NEW DELHI: The initial share sale of Arisinfra Solutions Ltd got subscribed 1.32 times on the second day of bidding on Thursday. The Initial Public Offer (IPO) received bids for 1,73,03,085 shares against 1,30,84,656 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got subscribed 3 times while the portion for non-institutional investors fetched 1.39 times subscription. The quota for Qualified Institutional Buyers (QIBs) received 73 per cent subscription. ArisInfra Solutions Ltd on Tuesday said it has garnered Rs 225 crore from anchor investors. The nearly Rs 500-crore IPO will conclude on Friday. The price band for the offer has been fixed at Rs 210 to Rs 222 per share. The IPO is a completely fresh issue of equity shares worth Rs 499.6 crore with no offer for sale (OFS) component. At the upper end of the price band, the company is valued at nearly Rs 1,800 crore. Proceeds of the issue will be used for funding the working capital requirements of the company, investment in the subsidiary, Buildmex-Infra, for funding its working capital, purchase of partial shareholding from existing shareholders of its subsidiary, ArisUnitern Re Solutions Pvt Ltd, repayment of loan and for general corporate purposes. Arisinfra Solutions is a B2B technology-enabled company, focusing on simplifying and digitising the procurement process for construction materials. JM Financial , IIFL Capital Services and Nuvama Wealth Management are the book-running lead managers to the issue.
Time of India
18-06-2025
- Business
- Time of India
Arisinfra Solutions' IPO gets subscribed 24% on Day 1 of offer
NEW DELHI: The initial share sale of Arisinfra Solutions Ltd received a 24 per cent subscription on the first day of bidding on Wednesday. The Initial Public Offer (IPO) got bids for 31,78,815 shares against 1,30,84,656 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got fully subscribed by 1.04 times. The quota for non-institutional investors received 19 per cent subscription. ArisInfra Solutions Ltd on Tuesday said it has garnered Rs 225 crore from anchor investors. The nearly Rs 500-crore IPO will conclude on June 20. The price band for the offer has been fixed at Rs 210 to Rs 222 per share. The IPO is completely a fresh issue of equity shares worth Rs 499.6 crore with no offer for sale (OFS) component. At the upper end of the price band, the company is valued at nearly Rs 1,800 crore. Proceeds of the issue will be used for funding the working capital requirements of the company, investment in the subsidiary, Buildmex-Infra, for funding its working capital, purchase of partial shareholding from existing shareholders of its subsidiary, ArisUnitern Re Solutions Pvt Ltd, repayment of loan and for general corporate purposes. Arisinfra Solutions is a B2B technology-enabled company, focusing on simplifying and digitizing the procurement process for construction materials. JM Financial , IIFL Capital Services and Nuvama Wealth Management are the book running lead managers to the issue.
