wealthy

Download the Wealthy Appto enjoy efficient Trading and Investing!

Download App QR Code
google-playapp-store

Welcome to Wealthy

user
mobile
OR
google-playapp-store
Curated Investing
Curated Investing
Completely Digitalised
Completely Digitalised
Bank Grade Security
Bank Grade Security
Help Centers
Help Centers

Unbeatable brokerage with wealthy broking  

Get Started

Hot Pursuit

25 Jun '25|10:27 AM

Arisinfra Solutions slips on debut

The scrip was listed at Rs 209.10, exhibiting a discount of 5.81% to the issue price.

So far, the stock has hit a high of 235.75 and a low of 220. On the BSE, over 6.57 lakh shares of the company were traded in the counter so far.

The initial public offer of Arisinfra Solutions was subscribed 2.65 times. The issue opened for bidding on 18 June 2025 and it closed on 20 June 2025. The price band of the IPO is fixed between Rs 210 and 222 per share.

The IPO included a new issue of equity shares valued at Rs 499.6 crore. Of the proceeds, Rs 204.6 crore will go toward repaying some borrowings or prepaying borrowings. Rs 177 crore will be used to support working capital needs, while the rest will cover general corporate expenses. Notably, the company already raised Rs 80 crore through a pre-IPO placement in January 2025.

ArisInfra Solutions is a B2B tech company that simplifies the procurement process for construction materials throughout India. It serves real estate and infrastructure developers. Aris provides a complete digital platform for sourcing materials such as cement, steel, aggregates, RMC, and more.

From April 2021 to December 2024, Aris delivered 14.10 million MT of materials to 1,075 pin codes. They worked with 1,729 vendors and 2,659 customers, including well-known companies like Capacit'e Infraprojects and Afcons Infrastructure. Their subsidiary, ArisUnitern Re Solutions, offers advisory and sales support services. Other group companies handle trading, real estate, and financing operations.

Ahead of the IPO, Arisinfra Solutions on Tuesday, 17 June 2025, raised Rs 224.81 crore from anchor investors. The board allotted 1.01 crore shares at Rs 222 each to 15 anchor investors.

The firm reported a consolidated net profit of Rs 6.53 crore and total income of Rs 546.52 crore for the nine months ended on 31 December 2024.

Powered by Capital Market - Live News