Latest news with #ArisinfraSolutions'
Mint
11 hours ago
- Business
- Mint
Arisinfra Solutions IPO subscribed 1.32 times on Day 2; Check latest GMP, subscription status, other details
Mumbai-based construction materials provider Arisinfra Solutions' initial public offering (IPO) received a moderate response on the second day of the public subscription. The public issue was booked 1.32 times as of the second day of the bidding rounds on Thursday, 19 June 2025. Arisinfra Solutions IPO through a book-built issue is offering an entirely fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the company aims to raise nearly ₹ 499.60 crore from the stock markets. Out of the three investor segments, the retail investor portion was subscribed the most. Investors oversubscribed three times with a total of 71,30,140 or 71.30 lakh bids, compared to the 23,79,028 or 23.79 shares on offer. The Non-Institutional Investors (NIIs) came in second with 1.39 times subscription as investors booked a total of 49,46,878 or 49.46 lakh equity shares, compared to the 35,68,542 or 35.68 lakh shares on offer. The Qualified Institutional Buyers (QIBs) segment received the least subscription out of the three segments as of the end of the second day. The QIB portion was booked 73 per cent of the total offer, as investors bid for 52,26,067 or 52.26 lakh shares, compared to the 71,37,086 or 71.37 lakh shares on offer. As of 19 June 2025, the grey market premium (GMP) of Arisinfra Solutions IPO stood at ₹ 22 per share as of the end of the second day of bidding. With the upper price band of the public issue at ₹ 222, the shares are expected to be listed in the Indian stock market at ₹ 244, with a premium of 9.91 per cent, according to data collected from The Grey Market Premium (GMP) is an indicator of investors' willingness to subscribe to a primary issue. On 19 June 2025, it dropped by ₹ 3 to its current level of ₹ 22 per share. Arisinfra Solutions IPO is offering an entirely fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the company aims to raise nearly ₹ 499.60 crore. There is no offer-for-sale (OFS) component for this IPO. The company fixed the price band for the public issue in the range of ₹ 210 to ₹ 222 per equity share with a lot size of 67 shares per lot. The issue opened for bidding on Wednesday, 18 June 2025, and is scheduled to close on Friday, 20 June 2025. The company seeks to use the money raised from the IPO to repay or prepay loans, support its working capital requirements, and invest in a subsidiary. It also disclosed plans for a potential unidentified acquisition, while the remaining funds will be used for general corporate needs. The company raised ₹ 224.8 crore from its anchor investors ahead of the IPO. JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited are the book-runners for the public issue, while MUFG Intime India Private Limited (Link Intime) is the registrar to the offer. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
3 days ago
- Business
- Mint
Arisinfra Solutions IPO opens tomorrow. GMP, review, other details in 10 points
Arisinfra Solutions IPO: The initial public offering (IPO) of Arisinfra Solutions Limited is set to hit the Indian primary market on 18 June 2025, i.e. tomorrow. The company has declared Arisinfra Solutions' IPO price band at ₹ 210 to ₹ 222 per equity share, and it aims to raise ₹ 499.60 crore through the issuance of fresh shares. The book build issue is proposed for listing on the BSE and the NSE. The Arisinfra Solutions IPO will remain available for bidding from 18 to 20 June 2025. According to market observers, shares of Arisinfra Solutions Limited are available at a premium of ₹ 25 in the grey market today. 1] Arisinfra Solutions IPO GMP today: According to market observers, shares of Arisinfra Solutions Limited are available at a premium of ₹ 25 in the grey market today. 2] Arisinfra Solutions IPO subscription date: The Arisinfra Solutions IPO will remain available for bidding from 18 to 20 June 2025. 3] Arisinfra Solutions IPO price band: The company has declared the price band of the public issue at ₹ 210 to ₹ 222 per equity share. 4] Arisinfra Solutions IPO size: The company aims to raise ₹ 499.60 crore, which is entirely fresh. 5] Arisinfra Solutions IPO lot size: A bidder can apply in lots, and one lot of the book build issue comprises 67 company shares. 6] Arisinfra Solutions IPO allotment date: The most likely date for share allocation is 21 June 2025. However, 21 June is Saturday, and if there is any delay, we can expect the finalisation of share allocation on 23 June, i.e. Monday next week. 7] Arisinfra Solutions IPO registrar: MUFG Intime India Private Limited or Link Intime has been appointed the official registrar of the public issue. 8] Arisinfra Solutions IPO investment limit: A retail bidder can apply in lots, and one lot comprises 67 company shares. A retail bidder will require a minimum of ₹ 14,874 (67 x 222). A retail bidder can apply for a maximum of 13 lots, which means a retail bidder can invest a maximum of ₹ 1,93,362 [13 x (67 x 222)]. 9] Arisinfra Solutions IPO listing date: The most likely date for listing company shares is 25 June 2025. 10] Arisinfra Solutions IPO review: Arisinfra Solutions Limited is a tech-enabled B2B supplier of construction materials. The company enjoys a virtual monopoly in its business segment and is one of the most preferred construction partners in India. In FY24, the company posted losses, while it has shown signs of recovery in the first nine months of FY25. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
