Arisinfra Solutions IPO: Price Band Set At ₹210–₹222 Per Share; Opens June 18

ArisInfra Solutions Ltd has announced that its ₹499.59 crore Initial Public Offering (IPO) will open for subscription from June 18 to June 20, 2025, with a price band of ₹210 to ₹222 per share. The issue is entirely a fresh offer with no Offer for Sale (OFS) component, and anchor investor bidding is scheduled for June 17.

Key Dates and Listing Details

• IPO Open: June 18
• IPO Close: June 20
• Basis of Allotment: June 23
• Refund Initiation & Share Credit: June 24
• Listing on Exchanges: June 25

At the upper end of the price band, Arisinfra’s estimated market capitalisation would stand at approximately ₹1,800 crore.  The IPO will be listed on both the BSE and NSE. Allocation is structured as follows: 75% for QIBs, 15% for non-institutional investors, and 10% for retail investors.

Utilisation of IPO Proceeds

The company plans to utilise the funds raised as follows:

• ₹205 crore for debt repayment
• ₹177 crore for working capital needs
• ₹48 crore for investment in subsidiary Buildmex Infra
• A portion will also go toward buying out minority shares in its other subsidiary, ArisUnitern Re Solutions Pvt Ltd, and for general corporate purposes

As of March 2025, Arisinfra’s total outstanding borrowings stood at ₹336.59 crore.

Business Overview and Financial Performance

ArisInfra Solutions is a B2B technology-enabled platform focused on streamlining and digitizing procurement for the construction sector. It serves real estate developers and infrastructure contractors across 1,075 pin codes, including key metros like Mumbai, Bengaluru, and Chennai.

From April 2021 to December 2024, the company delivered 14.10 million metric tonnes of materials using 1,729 vendors, serving over 2,659 customers. Its product portfolio includes:

• Aggregates
• Ready-mix concrete (RMC)
• Cement and steel
• Walling solutions
• Construction chemicals

Financials

• FY24 Revenue: ₹696.84 crore (down from ₹746.07 crore in FY23)
• FY24 Net Loss: ₹18.61 crore (up from ₹14.21 crore loss in FY23)
• 9M FY24 (Apr–Dec) Revenue: ₹557.76 crore
• 9M FY24 Net Profit: ₹3.43 crore

Lead Managers

JM Financial, IIFL Capital Services, and Nuvama Wealth Management are the book-running lead managers for the issue.

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations