Latest news with #Aris
Business Standard
5 hours ago
- Business
- Business Standard
Arisinfra Solutions IPO subscribed 2.65 times
The offer received bids for 3.46 crore shares as against 1.30 crore shares on offer. The initial public offer of Arisinfra Solutions received bids for 3,46,63,120 shares as against 1,30,84,656 shares on offer, according to stock exchange data at 17:30 IST on Friday (20 June 2025). The issue was subscribed 2.65 times. The issue opened for bidding on 18 June 2025 and it will close on 20 June 2025. The price band of the IPO is fixed between Rs 210 and 222 per share. An investor can bid for a minimum of 67 equity shares and in multiples thereof. The IPO includes 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 Capacite 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.
Scottish Sun
9 hours ago
- Sport
- Scottish Sun
Ex-Rangers star links up with former team-mate Connor Goldson in surprise move to Cyprus
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) LEON BALOGUN has signed a one-year deal with Cypriot club Aris Limassol and will link up again with former Ibrox defensive partner Connor Goldson. The veteran Nigerian international was released this summer after ending his second spell at Ibrox. Sign up for the Rangers newsletter Sign up 2 Leon Balogun left Rangers for a second time this summer Credit: SNS 2 Now he's starting the next chapter of his career alongside an old team mate Credit: Willie Vass And the 36-year-old has opted for a surprise move to Cyprus with league runners-up Aris. The club stated: "He is a footballer who has played in the top leagues of the English Premier League and the German Bundesliga, as well as the 2018 World Cup. "He made a total of 114 appearances for Rangers over two spells, during which he won a league title, a Scottish Cup and a League Cup. "We wish him every success at the club." Balogun and Goldson played together in both of Rangers' recent cup triumphs - in the 2022 Scottish Cup win over Hearts and the League Cup victory against Aberdeen a year later. Goldson, 32, made 22 starts for Aris in the Cypriot League since his arrival from Glasgow. Balogun was mentioned in connection with a move to Aris last week. And all parties were able to work out a deal quickly. Balogun was gutted to not be kept on at Rangers after the regime change, with the new American ownership group led by Andrew Cavenagh and 49ers Enterprises deeming him surplus to requirements. He opened up on how sad it was to leave the club - particularly because he wasn't given a chance to say goodbye to the fans. Rangers-daft pub goes up for sale in Scots town Balogun said on Instagram: "It's that time again. "No caption could summarise all that is going through my mind as I'm writing these lines. "It's been nothing short of an honour, a pleasure and a great, great privilege to represent this massive club - twice! "So many memories, good ones as well as a few tough ones. "But it's the latter especially that made my love for the club grow even stronger. "The moments when we all stuck together and went again - no matter the disappointment or frustration. In these moments the club revealed what makes it most special: YOU. "The people supporting us week in week out, near and far, demanding, expecting, pushing us to do better and go for glory. "The people working for the club behind the scenes, meeting us with a smile everyday, doing their absolute best to contribute to the success of the club in their own way. You're the heartbeat of the club and it's been an honour to represent you! "If I would have known that the last two games of the season were my last for the club I would have made sure to say goodbye to all of you accordingly. "Unfortunately I wasn't afforded that opportunity which saddens me as I would have liked to have walked round Ibrox one last time and returned all the love and support you've given me during my 2 stints. "I don't know when I'll be back, but I promise I won't be a stranger. "Thank you for making me feel at home and appreciated wherever we met. "You've become more than just my club, you've become family. "And for that I will be forever grateful." Keep up to date with ALL the latest news and transfers at the Scottish Sun football page
The National
10 hours ago
- Sport
- The National
Balogun seals Rangers reunion with Goldson at new club
The veteran Nigerian international was released this summer after ending his second spell at Ibrox. And the 36-year-old has opted for a surprise move to Cyprus with league runners-up Aris. The club stated: "He is a footballer who has played in the top leagues of the English Premier League and the German Bundesliga, as well as the 2018 World Cup. Read more: "He made a total of 114 appearances for Rangers over two spells, during which he won a league title, a Scottish Cup and a League Cup. "We wish him every success at the club." Balogun and Goldson played together in both of Rangers' recent cup triumphs - in the 2022 Scottish Cup win over Hearts and the League Cup victory against Aberdeen a year later. Goldson, 32, made 22 starts for Aris in the Cypriot League since his arrival from Glasgow.
The Herald Scotland
10 hours ago
- Sport
- The Herald Scotland
Balogun seals Rangers reunion with Goldson at new club
And the 36-year-old has opted for a surprise move to Cyprus with league runners-up Aris. The club stated: "He is a footballer who has played in the top leagues of the English Premier League and the German Bundesliga, as well as the 2018 World Cup. Read more: "He made a total of 114 appearances for Rangers over two spells, during which he won a league title, a Scottish Cup and a League Cup. "We wish him every success at the club." Balogun and Goldson played together in both of Rangers' recent cup triumphs - in the 2022 Scottish Cup win over Hearts and the League Cup victory against Aberdeen a year later. Goldson, 32, made 22 starts for Aris in the Cypriot League since his arrival from Glasgow.
NBC News
13 hours ago
- Politics
- NBC News
Supporters of Myanmar's jailed leader strive to set world record to honor her 80th birthday
BANGKOK — Thousands of supporters of Myanmar 's jailed former leader Aung San Suu Kyi celebrated her 80th birthday Thursday by attempting to set a world record for the most birthday greeting videos, while others took to the streets in demonstrations against the military government that ousted her. Kalo Say Htoo, an organizer of the birthday video campaign, said the original goal was to collect 80,000 greeting videos to honor Suu Kyi and achieve a recognized Guinness World Record. The number of videos collected surpassed 103,000 on Thursday, tripling the current record of 32,207 achieved in 2017, organizers said. Suu Kyi was arrested in February 2021 when the military seized power from her democratically elected government. She was convicted on more than a dozen charges for offenses that her supporters say were concocted to keep her out of politics. She remains regarded by many in Myanmar as the country's legitimate leader while serving a 27-year prison term. Kim Aris, Suu Kyi's son living in London, said in a statement on Facebook Thursday that the campaign is a powerful testament to his mother's global support. 'It's my hope this achievement brings urgent attention to her plight and that of the people of Burma,' said Aris, using the country's former name. 'Her voice may be silenced, but her flame will never be extinguished.' Aris planned to run 80 kilometers (49.7 miles) to honor his mother's birthday, while encouraging others to show support with the numerical theme, such as walking for 80 minutes or making 80 recipes. More than 6,800 civilians are estimated to have been killed by security forces during a widespread armed struggle against military rule that began after generals seized power from Suu Kyi's elected government, according to figures compiled by nongovernmental organizations. Pro-democracy street protests in Suu Kyi's honor were held Thursday in areas that are not under military control including northern Kachin state, the central regions of Mandalay, Sagaing and Magway and in Tanintharyi in the south. Photos on social media showed demonstrators carrying flowers, birthday cakes and posters of Suu Kyi, as well as banners reading 'Happy Birthday' and urging supporters to strive for 'the liberation of the entire nation, including Daw Aung San Suu Kyi.' The military government's supporters posted calls for the arrest of protesters. Several Western embassies posted pictures and illustrations on social media of red roses, with some issuing statements calling for Suu Kyi and all other political prisoners to be released. The Suu Foundation, a nonprofit humanitarian organization, and the law firm Zimeray & Finelle said in a joint statement Thursday that Suu Kyi was thought to have suffered an injury to her left arm during the 7.7 magnitude earthquake that hit the country in March.
