Latest news with #ArisInfraSolutions
Business Standard
2 days 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.
Mint
2 days ago
- 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.
Economic Times
3 days ago
- Business
- Economic Times
ArisInfra Solutions plans Rs 499.6 crore IPO to repay debt and boost working capital
ArisInfra Solutions, a B2B platform for construction materials, is planning an IPO. The company aims to raise ₹499.6 crore. The funds will be used to repay debt and for working capital. Revenue has grown, and the company reported profit recently. However, longer collection times and client concentration are concerns. Investors may consider tracking performance post-listing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads ET Intelligence Group: ArisInfra Solutions, a business-to-business (B2B) platform that helps construction and infrastructure companies buy materials, plans to raise ₹499.6 crore through fresh equity to repay debt and meet working capital promoter group's stake will fall to 38% after the IPO from 58%. The company has shown traction in revenue over the past three years and posted profit in nine months to December 2024 after widening losses for the past two time taken to collect outstanding sales has increased, which has raised working capital requirements. Also, top five customers contribute about 42% to the revenue, reflecting client concentration. Given these factors, investors may wait and track the company's performance after in 2021, ArisInfra focuses on simplifying and digitising the procurement process for construction materials including aggregates, steel, cement, and other materials. Between April 2021 and December 2024, it has served 2,659 customers across 1,075 pincodes in cities including Mumbai, Bengaluru and Chennai. The company provides value-added services, such as advisory, consultancy, marketing and sales support through its arm ArisUnitern Re grew by 24% annually to ₹696.8 crore in FY24 from ₹452.3 crore in FY22 while net loss widened to ₹17.3 crore from ₹6.5 crore. For the nine-month period ended December 2024, revenue and net profit were ₹546.5 crore and ₹6.5 crore, adjusting for non-cash expenses such as fair value change on derivatives and employee share-based payment expenses (Esops), Ebitda stood at ₹45.2 crore in nine months ended December 2024 from ₹7.2 crore in FY22. Adjusted operating margin improved to 8.3% from 1.6% in the same period. Net debt increased to ₹256.2 crore from ₹132.2 crore by similar comparison. It plans to repay ₹204.6 crore of debt through IPO profitability is expected to improve after repayment of debt since it would reduce interest outgo, which formed 70.6% of the operating profit (EBIT) as of December 2024 compared with 90% in FY24. Trade receivables days increased to 139 days in nine months ended December 2024 from 137 days in company has turned profitable for nine-month period of FY25; however, high interest outgo has limited the extent of profitability. As a result, considering the post-IPO equity and annualised net profit for the nine months to December 2024 the price-to-earnings multiple of 207 looks skewed. On a price-to-sales basis, the multiple works out to be 2.5.
Business Standard
3 days ago
- Business
- Business Standard
Arisinfra Solutions IPO subscribed 1.32 times
The offer received bids for 1.73 crore shares as against 1.30 crore shares on offer. The initial public offer of Arisinfra Solutions received bids for 1,73,03,085 shares as against 1,30,84,656 shares on offer, according to stock exchange data at 17:00 IST on Thursday (19 June 2025). The issue was subscribed 1.32 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.
Economic Times
3 days ago
- Business
- Economic Times
ArisInfra Solutions IPO subscribed 88% on Day 2: Check GMP, other details
Live Events What is the GMP of ArisInfra Solutions? About ArisInfra Solutions (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The initial public offering (IPO) of ArisInfra Solutions was subscribed to 88% by the second day of bidding, largely driven by strong participation from retail of 2:48 pm on Wednesday, the retail investor category was subscribed 2.5 times, followed by non-institutional investors (NIIs) at 93%, while the qualified institutional buyers (QIBs) category remained muted at 0.31%.According to the minimum bid details, retail investors must apply for at least one lot of 67 shares, translating to an investment of Rs 14,070 at the lower price band or Rs 14,874 at the upper band to qualify for allotment. For sNII (small Non-Institutional Investors), the minimum application size is 14 lots, or 938 shares, requiring an investment of approximately Rs 2,08,236. Meanwhile, NIIs (Non-Institutional Investors) are required to bid for a minimum of 68 lots, equivalent to 4,556 shares, amounting to Rs 10,11, Read: These 9 Nifty Microcap Index stocks trading below industry PE may rally up to 42% According to the company's Draft Red Herring Prospectus (DRHP), the net proceeds from the public issue will mainly be used to fund ArisInfra's working capital needs as it scales up its operations across multiple IPO, consisting entirely of a fresh issue of equity shares, has set a price band of Rs 210 to Rs 222 per share for its Rs 500 crore offering. The subscription window opened earlier today and will close on June shares of the company are expected to be listed on the BSE and NSE on June 25. Allotment is likely to be finalised by June issue is being managed by JM Financial IIFL Capital Services , and Nuvama Wealth Management , with MUFG Intime India (Link Intime) serving as the registrar to the of ArisInfra Solutions, a tech-driven B2B construction materials platform, are trading at a grey market premium of 9.9% or Rs 20-22 in the unlisted in 2021, ArisInfra Solutions is a technology-driven B2B procurement platform backed by Siddharth Shah, co-founder of PharmEasy. The company aims to digitally transform the procurement ecosystem for construction materials by catering to institutional buyers such as real estate developers, contractors, and infrastructure firms. It facilitates the bulk supply of essential materials, including steel, cement, and unified digital platform integrates warehousing, logistics, quality control, and just-in-time delivery, offering clients a streamlined experience. Through its interface, users can place orders, track shipments, manage documentation, and access technical support — positioning ArisInfra as a frontrunner in innovation within the construction supply chain industry.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
