Latest news with #SiddharthShah
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)
Time of India
3 days ago
- Business
- Time of India
ArisInfra Solutions IPO subscribed 88% on Day 2: Check GMP, other details
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 investors. As 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 10,11,432. Also 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 regions. The 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 20. The 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 23. The 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 offer. What is the GMP of ArisInfra Solutions? Shares 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 market. About ArisInfra Solutions Founded 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 aggregates. ArisInfra's 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.
Economic Times
4 days ago
- Business
- Economic Times
ArisInfra Solutions IPO subscription at 5% so far on day 1. Check GMP & other details
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The initial public offering ( IPO ) of ArisInfra Solutions, a tech-driven B2B construction materials platform has attracted a total subscription of 5% within the first hour of the issue opening, led by an enthusiasm from the retail 11 am, retail investors had subscribed 23% of the issue, bidding for 5,46,921 shares of the company, out of the total 23,79,028 reserved. The non-institutional investors followed, with a subscription of 5%, while the qualified institutional buyers had not made any 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, 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 BSE and NSE on June 25. Allotment is likely to be finalized by June read: Oswal Pumps IPO allotment to be finalised today. Check status, GMP and other details The 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 are trading at a grey market premium of 9.9% or Rs 22-24 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)
Time of India
4 days ago
- Business
- Time of India
ArisInfra Solutions IPO subscription at 5% so far on day 1. Check GMP & other details
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The initial public offering ( IPO ) of ArisInfra Solutions, a tech-driven B2B construction materials platform has attracted a total subscription of 5% within the first hour of the issue opening, led by an enthusiasm from the retail 11 am, retail investors had subscribed 23% of the issue, bidding for 5,46,921 shares of the company, out of the total 23,79,028 reserved. The non-institutional investors followed, with a subscription of 5%, while the qualified institutional buyers had not made any 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, 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 BSE and NSE on June 25. Allotment is likely to be finalized by June read: Oswal Pumps IPO allotment to be finalised today. Check status, GMP and other details The 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 are trading at a grey market premium of 9.9% or Rs 22-24 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)
Time of India
5 days ago
- Entertainment
- Time of India
Sanya Malhotra and Essenzaa launches Bree Matcha
Marking her debut as an entrepreneur, Bollywood actress Sanya Malhotra has partnered with Kunal Shah and Siddharth Shah, founders of Essenzaa Nutrition , a name in clean-label wellness , to introduce Bree Matcha , a premium lifestyle brand inspired by the calm clarity and ritual of traditional Japanese tea culture . Bree Matcha enters the Indian wellness space by combining ancient Japanese traditions with modern Indian lifestyles. The brand offers three signature products: Everyday Matcha , Ceremonial Matcha and a Ceremonial Matcha Kit (a combination of a chasen, bowl, spoon and matcha). Matcha is known to boost energy, enhance focus and provide antioxidants for overall well-being without the caffeine crashes. Sourced directly from Kagoshima, Japan and crafted with Essenzaa's experience of clean, clinically-backed formulations. The idea took shape when Malhotra first experienced matcha and adopted it as part of her daily routine, a moment of calm amidst constant movement. Meanwhile, Essenzaa Nutrition, a trusted name in clean-label wellness, was exploring functional superfoods that resonated with evolving consumer needs in India. A chance conversation turned into collaboration, and Bree Matcha was born, not just as a product, but as a lifestyle rooted in presence, balance and clarity, the press note stated. 'At a time when everything feels urgent, Bree Matcha is my personal reminder to slow down and be intentional,' said Malhotra. 'It's a ritual I deeply believe in, and I'm extremely proud to be a part of something that builds and supports natural energy and calm focus.' For Essenzaa founders, Bree Matcha represents a natural progression in their mission to bring purposeful, high-quality wellness solutions to Indian consumers. 'We wanted to introduce a product that aligns with both health and lifestyle. Bree is not just about energy, it's about how you choose to show up in your day,' said Shah. 'Bree Matcha is not just a beverage—it's a movement towards conscious consumption and modern wellness ,' said Siddharth Shah, co-founder of Essenzaa. 'Our vision is to make matcha a part of everyday rituals for the new-age Indian consumer, blending ancient Japanese tradition with contemporary lifestyles.' With its minimalist design language, transparent ingredient sourcing, and soulful positioning, Bree Matcha sets out to build more than a brand, it aims to create a movement toward intentional living , it added.
