Kolkata: Arisinfra Solutions IPO has floated a bookbuilding issue to raise Rs 499.60 crores from the market. Significantly, it consists of only fresh shares and does not have an OFS (offer for sale) portion. Public bidding for Arisinfra Solutions IPO opened on June 18 and will continue till June 20.
The company has successfully raised Rs 225 crore from anchor investors, a day before the IPO was thrown open for public bidding. The anchor investors includes 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, Beacon Stone Capital etc.
Arisinfra Solutions IPO GMP
According to investorgain, the Arisinfra Solutions IPO GMP (Grey Market Premium) was holding steady at Rs 25 for the past few days. It indicated a listing gain of 11.26%. The GMP was Rs 40 on June 12, then clibmbed down to Rs 25 on June 13 but has remained steady at that level. However, it must remembered that GMP is only an unofficial gauge that changes with time and cannot guarantee anything — listing gain or loss.
Arisinfra Solutions IPO price, lot, allotment date
The Arisinfra Solutions IPO price band has been set at Rs 210-222. For a retail investor, the minimum investible lot contains 67 shares and, therefore, the minimum application money works out to Rs 14,874 at the upper end of the price band. For an sNII, the minimum lot size consists of 938 shares that would cost Rs 2,08,236. For a bNII, the resepctive figures are 4,556 shares and Rs 10,11,432.
Since there is no OFS, the proceeds of the IPO will accrue to the company, which will be used for funding working capital requirements, investment in a subsidiary Buildmex-Infra, of loan and for general corporate purposes.
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Arisinfra Solutions IPO has been designed to raise Rs 499.60 crore only through issue of fresh shares. The GMP of Arisinfra Solutions IPO is holding steady at a level where it is indicating a listing gain of 11.26%. The allotment for the Arisinfra Solutions IPO could be finalised on June 23. Arisinfra Solutions shares will be listed on BSE and NSE on June 25, 2025. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
