Arisinfra Solutions IPO Details

Bookbuilding IPO | ₹500 Cr | Listed at BSE, NSE | Wed, Jun 18, 2025 - Fri, Jun 20, 2025

Arisinfra Solutions IPO Logo

Arisinfra Solutions IPO is a book build issue of ₹499.60 crores. The issue is entirely a fresh issue of 2.25 crore shares of ₹499.60 crore.

Arisinfra Solutions IPO bidding started from Jun 18, 2025 and ended on Jun 20, 2025. The allotment for Arisinfra Solutions IPO was finalized on Jun 23, 2025. The shares got listed on BSE, NSE on Jun 25, 2025.

Arisinfra Solutions IPO price band is set at ₹222 per share. The lot size for an application is 67. The minimum amount of investment required by an retail is ₹14,874 (67 shares) (based on upper price). The lot size investment for sNII is 14 lots (938 shares), amounting to ₹2,08,236, and for bNII, it is 68 lots (4,556 shares), amounting to ₹10,11,432.

JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Arisinfra Solutions IPO RHP for detailed Information.

IPO Open

Wed, Jun 18, 2025

IPO Close

Fri, Jun 20, 2025

Issue Price

₹222 per share

Market Cap (Pre-IPO)

₹1,799.28 Cr

IPO Details

IPO Date18 to 20 Jun, 2025
Listed onWed, Jun 25, 2025
Face Value2 per share
Price Band₹210 to ₹222
Issue Price₹222 per share
Lot Size67 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size2,25,04,324 shares
(agg. up to ₹500 Cr)
Fresh Issue 2,25,04,324 shares
(agg. up to ₹500 Cr)
Share Holding Pre Issue5,85,44,202 shares
Share Holding Post Issue8,10,48,526 shares
BSE Script Code / NSE Symbol544419 / ARISINFRA
ISININE0H9P01028

IPO Timetable

IPO Reservation

Arisinfra Solutions IPO offers total 2,25,04,324 shares. Out of which 1,68,78,244 (75.00%) allocated to QIB, 67,51,298 (30.00%) allocated to QIB (Ex- Anchor), 33,75,648 (15.00%) allocated to NII 22,50,432 (10.00%) allocated to RII and 1,01,26,946 (45.00%) allocated to Anchor investors.

Investor Category Shares Offered Max Allottees
QIB Shares Offered 1,68,78,244 (75.00%)NA
  − Anchor Investor Shares Offered 1,01,26,946 (45.00%)NA
  − QIB (Ex. Anchor) Shares Offered 67,51,298 (30.00%)NA
NII (HNI) Shares Offered 33,75,648 (15.00%)NA
  − bNII > ₹10L 22,50,432 (10.00%)2,399
  − sNII < ₹10L 11,25,216 (5.00%)1,199
Retail Shares Offered 22,50,432 (10.00%)33,588
Total Shares Offered2,25,04,324 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 67 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 67 ₹14,874
Retail (Max) 13 871 ₹1,93,362
S-HNI (Min) 14 938 ₹2,08,236
S-HNI (Max) 67 4,489 ₹9,96,558
B-HNI (Min) 68 4,556 ₹10,11,432
IPO Subscription Details

IPO Anchor Investors

Arisinfra Solutions IPO raises ₹224.82 crore from anchor investors. Arisinfra Solutions IPO Anchor bid date is June 17, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateTue, Jun 17, 2025
Shares Offered1,01,26,946
Anchor Portion (₹ Cr.)224.82
Anchor lock-in period end date for 50% shares (30 Days)Tue, Jul 22, 2025
Anchor lock-in period end date for remaining shares (90 Days)Sat, Sep 20, 2025

About Arisinfra Solutions Ltd.

Incorporated in 2021, ArisInfra Solutions Limited is a modern platform that helps construction and infrastructure companies buy materials easily and manage their finances smartly.

ArisInfra is a business-to-business (B2B) technology-driven company in the expanding construction materials market. The company focuses on digitizing and simplifying the procurement process, delivering an efficient end-to-end customer experience.

The product portfolio includes GI pipe (Steel), MS Wire (Steel), MS TMT Bar (Steel), OPC Bulk (Cement) and more.

Between April 1, 2021, and March 31, 2024, the company delivered 10.35 million metric tonnes of construction materials, including aggregates, ready-mix concrete, steel, cement, construction chemicals and walling solutions, utilizing 1,458 vendors and serving 2,133 customers across 963 pin codes in various cities, including Mumbai (Maharashtra), Bengaluru (Karnataka) and Chennai (Tamil Nadu).

The company's clients include Capacit’e Infraprojects Limited, J Kumar Infraprojects Limited, Afcons Infrastructure Limited, EMS Limited, S P Singla Constructions Private Limited, and more.

ArisUnitern Re Solutions Private Limited is the company's subsidiary that provides value-added services tailored to real estate developers, including advisory, consultancy, marketing, and sales support.

Competitive Strengths:

Leveraging technology to transform the supply chain for construction materials.

  • Well-positioned to capitalize on significant market opportunities.
  • Growing third-party manufactured construction materials.
  • Strong network effects ensuring long-term strategic benefits.
  • Technology-enabled comprehensive credit risk analysis framework for operational efficiency.
  • Led by promoters and supported by an experienced professional team.

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets586.56492.83394.95334.22
Total Income557.76702.36754.44453.77
Profit After Tax6.53-17.30-15.39-6.49
EBITDA39.8813.02-0.11-1.07
NET Worth152.09141.60104.94140.30
Reserves and Surplus141.10139.77-41.36-6.01
Total Borrowing322.82273.98220.35154.25
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment / prepayment, in full or part, of certain outstanding borrowings availed by the Company 204.60
2 Funding the working capital requirements of the Company 177.00
3 Investment in the Subsidiary, Buildmex-Infra Private Limited, for funding its working capital requirements 48.00
4 General corporate purposes and unidentified inorganic acquisitions 31.84

Key Performance Indicator (KPI)

KPIMar 31, 2024
Debt/Equity1.45
RoNW-13.14%
Price to Book Value8.61
Pre IPOPost IPO
EPS (₹)-5.30
P/E (x)-41.89
Promoter Holding51.67%37.5%
Market Cap1,799.28 Cr.
The Promoters of the Company are Ronak Kishor Morbia, Bhavik Jayesh Khara, Siddharth Bhaskar Shah, Jasmine Bhaskar Shah, Priyanka Bhaskar Shah, Bhaskar Shah, Aspire Family Trust and Priyanka Shah Family Trust.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 available in RHP.

IPO Review

[Dilip Davda]
ASL 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.
Read detail review...

Arisinfra Solutions IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers5132
Members0002

Arisinfra Solutions IPO Subscription Status (Bidding Detail)

The Arisinfra Solutions IPO is subscribed 2.80 times on June 20, 2025 5:04:33 PM (Day 3). The public issue subscribed 5.90 times in the retail category, 1.50 times in the QIB category, and 3.32 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid for
QIB1.5067,51,2971,01,51,237
NII3.3233,75,6491,12,20,490
    bNII (bids above ₹10L)2.9822,50,43267,09,648
    sNII (bids below ₹10L)3.6111,25,21640,56,917
Retail5.9022,50,4321,32,73,035
Total2.801,23,77,3783,46,44,762

Total Application : 1,78,851

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) 21.37
2 Commission/processing fee for SCSBs and Bankers to the Issue and fees payable to the Sponsor Bank for Bids made by UPI Bidders including brokerage, selling commission and bidding charges for the members of the Syndicate, Registered Brokers, RTAs and CDPs 1.39
3 Fees payable to the Registrar to the Issue 0.30
4 Fees payable to the other parties to the Issue including Statutory Auditors, Independent Chartered Accountant, industry expert, and fees payable to legal counsel 5.94
5 Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses 0.67
6 Printing and stationery expenses 0.63
7 Advertising and marketing expenses 3.86
8 Miscellaneous 4.00

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price222.00222.00
Open209.10205.00
Low171.50171.49
High209.10208.50
Last Trade174.10174.38

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Arisinfra Solutions Ltd. Address
Unit No. G-A-04 to 07, Ground Floor
A Wing, Art Guild House, Phoenix Marketcity
LBS Marg, Kurla (West),
Mumbai, Maharashtra, 400007
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IPO FAQs

Arisinfra Solutions IPO is a main-board IPO of 2,25,04,324 equity shares of the face value of ₹2 aggregating up to ₹500 Crores. The issue is priced at ₹222 per share. The minimum order quantity is 67.

The IPO opens on Wed, Jun 18, 2025, and closes on Fri, Jun 20, 2025.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Arisinfra Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Arisinfra Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Arisinfra Solutions IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Arisinfra Solutions IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Arisinfra Solutions IPO opens on Wed, Jun 18, 2025 and closes on Fri, Jun 20, 2025.

Arisinfra Solutions IPO lot size is 67, and the minimum amount required for application is ₹14,874.

You can apply in Arisinfra Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Arisinfra Solutions IPO will be done on Monday, June 23, 2025, and the allotted shares will be credited to your demat account by Tue, Jun 24, 2025. Check the Arisinfra Solutions IPO allotment status.

The Arisinfra Solutions IPO listing date is on Wed, Jun 25, 2025.

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