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Business Standard
a day ago
- Business
- Business Standard
IPO Calendar: 6 new issues, 5 listings to keep investors busy next week
IPO Calendar: Primary markets investors will remain in action next week with the launch of six initial public offerings (IPO) and the listing of shares of five companies on the exchanges. In the mainboard segment, Arisinfra Solutions IPO will open for subscription on Wednesday, June 18, 2025. The SME segment will also see the launch of five public issues. In addition, Oswal Pumps (mainboard) along with four SME companies are scheduled to make their D-Street debut next week. Here's a detailed look at the IPO activity for next week: Mainline IPOs next week Arisinfra Solutions IPO Arisinfra Solutions IPO will open for public subscription on Wednesday, June 18, 2025, and close on Friday, June 20, 2025. The basis of allotment of shares is likely to be finalised on June 23, 2025. Arisinfra Solutions shares will be listed on the exchanges tentatively on June 25, 2025. The company has set the price band in the range of ₹210-222. The minimum lot size for the application is 67 shares. MUFG Intime India is the registrar of the issue. JM Financial, IIFL Capital Services and Nuvama Wealth Management are the book-running lead managers. SME IPOs opening next week Patil Automation IPO Patil Automation aims to raise ₹69.61 crore through a fresh issue of 5.8 million equity shares. The SME offering will open for public subscription on June 16 and close on June 18. The allotment of shares is expected to be finalised on June 19. The company will make its debut on the NSE SME platform tentatively on June 23. The company has set the price band in the range of ₹114 to ₹120 per share and the lot size at 1,200 shares. Purva Sharegistry India is the issue registrar. Samay Project Services IPO The initial public offering (IPO) of Samay Project Services will open for bidding on June 16 and close on June 18. The company plans to raise ₹14.69 crore through a fresh issue of 4.32 million shares. The price band is set at ₹32-43 per share and the lot size for an application is 4,000 shares. The basis of allotment of shares is expected to be finalised on June 19. The company will be listed on the NSE SME platform on June 23. Bigshare Services is the registrar for the issue. Eppeltone Engineers IPO Eppeltone Engineers IPO is a fresh issue of 3.43 million equity shares to raise ₹43.96 crore. The SME offering will open for public subscription on June 17 and close on June 19. The basis of the allotment of shares is likely to be finalised on June 20. Shares of Eppeltone Engineers will be listed on the NSE SME platform tentatively on June 24. The company has set the price band in the range of ₹125-128. Investors can bid for a minimum of one lot comprising 1,000 shares and in multiples thereof. Skyline Financial Services is the issue registrar. Influx Healthtech IPO The healthcare-focused contract manufacturing company aims to raise ₹58.57 crore through a fresh issue of 5 million shares amounting to ₹48 crore and OFS of 1.1 lakh shares amounting to ₹10.56 crores. The public issue of Influx Healthtech will open for bidding on June 18 and close on June 20. The allotment of shares is expected to be finalised on June 23. Influx Healthcare will be listed on the NSE SME platform on June 25. The price band has been set in the range of ₹91-96. Investors can bid for a minimum of one lot of 1,200 shares and in multiples thereof. Maashitla Securities is the registrar for the issue. Mayasheel Ventures Mayasheel Ventures aims to raise ₹27.28 crore through a fresh issue of 5.8 million equity shares. The SME IPO will open for public subscription on June 20 and close on June 24. The allotment of shares is expected to be finalised on June 25. The company will make its debut on the NSE SME platform tentatively on June 27. The company has set the price band in the range of ₹44 to ₹47 per share and the lot size at 3000 shares. Maashitla Securities is the issue registrar. IPO listings next week In the mainboard segment, Oswal Pumps IPO will close for subscription on June 17 and the allotment of shares is expected to be finalised on June 18. Hence, the solar pump manufacturer will make its debut on the exchanges on June 20. In the SME segment, Sacheerome, Monolithisch India and Jainik Power and Cables will be listed on the NSE SME platform on June 16, June 17 and June 19, respectively. Aten Papers and Foam IPO will be listed on the BSE SME platform on June 20.
Mint
2 days ago
- 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.
