Latest news with #ArisinfraSolutionsLimited
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.
Mint
4 days ago
- 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
Mint
5 days ago
- Business
- Mint
Arisinfra Solutions IPO opens tomorrow. GMP, review, other details in 10 points
Arisinfra Solutions IPO: The initial public offering (IPO) of Arisinfra Solutions Limited is set to hit the Indian primary market on 18 June 2025, i.e. tomorrow. The company has declared Arisinfra Solutions' IPO price band at ₹ 210 to ₹ 222 per equity share, and it aims to raise ₹ 499.60 crore through the issuance of fresh shares. The book build issue is proposed for listing on the BSE and the NSE. The Arisinfra Solutions IPO will remain available for bidding from 18 to 20 June 2025. According to market observers, shares of Arisinfra Solutions Limited are available at a premium of ₹ 25 in the grey market today. 1] Arisinfra Solutions IPO GMP today: According to market observers, shares of Arisinfra Solutions Limited are available at a premium of ₹ 25 in the grey market today. 2] Arisinfra Solutions IPO subscription date: The Arisinfra Solutions IPO will remain available for bidding from 18 to 20 June 2025. 3] Arisinfra Solutions IPO price band: The company has declared the price band of the public issue at ₹ 210 to ₹ 222 per equity share. 4] Arisinfra Solutions IPO size: The company aims to raise ₹ 499.60 crore, which is entirely fresh. 5] Arisinfra Solutions IPO lot size: A bidder can apply in lots, and one lot of the book build issue comprises 67 company shares. 6] Arisinfra Solutions IPO allotment date: The most likely date for share allocation is 21 June 2025. However, 21 June is Saturday, and if there is any delay, we can expect the finalisation of share allocation on 23 June, i.e. Monday next week. 7] Arisinfra Solutions IPO registrar: MUFG Intime India Private Limited or Link Intime has been appointed the official registrar of the public issue. 8] Arisinfra Solutions IPO investment limit: A retail bidder can apply in lots, and one lot comprises 67 company shares. A retail bidder will require a minimum of ₹ 14,874 (67 x 222). A retail bidder can apply for a maximum of 13 lots, which means a retail bidder can invest a maximum of ₹ 1,93,362 [13 x (67 x 222)]. 9] Arisinfra Solutions IPO listing date: The most likely date for listing company shares is 25 June 2025. 10] Arisinfra Solutions IPO review: Arisinfra Solutions Limited is a tech-enabled B2B supplier of construction materials. The company enjoys a virtual monopoly in its business segment and is one of the most preferred construction partners in India. In FY24, the company posted losses, while it has shown signs of recovery in the first nine months of FY25. 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
13-06-2025
- Business
- Mint
Arisinfra Solutions IPO: Price band set at ₹210-222 per share; check issue details, key dates, more
Arisinfra Solutions IPO price band: The Arisinfra Solutions Limited IPO price band has been fixed in the range of ₹ 210 to ₹ 222 per equity share of the face value of ₹ 2. The Arisinfra Solutions IPO date of subscription is scheduled for Wednesday, June 18 and will close on Friday, June 20. The allocation to anchor investors for the Arisinfra Solutions IPO is scheduled to take place on Tuesday, June 17. The company in an advertisement on Financial Express ePaper said that since it has incurred loss in fiscal 2024 based on restated financial information, the basic and diluted EPS is negative, and hence, the price to earnings is not ascertainable. The Arisinfra Solutions IPO lot size is 67 equity shares and in multiples of 67 equity shares thereafter. Arisinfra Solutions IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for retail investors. Tentatively, Arisinfra Solutions IPO basis of allotment of shares will be finalised on Monday, June 23 and the company will initiate refunds on Tuesday, June 24 while the shares will be credited to the demat account of allottees on the same day following refund. Arisinfra Solutions share price is likely to be listed on BSE and NSE on Wednesday, June 25. ArisInfra Solutions Limited is a contemporary platform designed to assist construction and infrastructure firms in purchasing materials with ease and managing their finances intelligently. ArisInfra operates as a business-to-business (B2B) technology-focused company within the growing construction materials sector. The organization aims to digitize and streamline the procurement process, providing an effective end-to-end experience for customers. Its product range encompasses GI pipe (Steel), MS Wire (Steel), MS TMT Bar (Steel), OPC Bulk (Cement), among other materials. The company's clientele includes Capacit'e Infraprojects Limited, J Kumar Infraprojects Limited, Afcons Infrastructure Limited, EMS Limited, S P Singla Constructions Private Limited, and several others. ArisUnitern Re Solutions Private Limited, a subsidiary of the company, offers enhanced services specifically designed for real estate developers, such as advisory, consulting, marketing, and sales support. For the nine months ending December 31, 2024, in fiscal 2024, fiscal 2023, and fiscal 2022, ArisUnitern's revenue from value-added services totaled ₹ 320.41 million, ₹ 247.87 million, ₹ 84.67 million, and ₹ 0, respectively, accounting for 5.86%, 3.56%, 1.13%, and 0% of their overall revenue from operations. Arisinfra Solutions IPO consists of a fresh issue of 2,25,04,324 equity shares, aggregating to ₹ 499.60 crore. There's no offer for sale (OFS) component. The Arisinfra Solutions IPO aims to allocate the net proceeds from the issue for several purposes, including repaying or prepaying loans, supporting the Company's working capital needs, investing in the subsidiary, and addressing general corporate initiatives along with potential unidentified acquisitions. JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited serve as the book-running lead managers for the Arisinfra Solutions IPO, while MUFG Intime India Private Limited (Link Intime) is responsible for acting as the registrar for the issue.
