Arisinfra Solutions IPO is a book-built issue worth ₹499.60 crore, consisting entirely of a fresh issue of 2.25 crore equity shares. The IPO opens for subscription on June 18, 2025, and will close on June 20, 2025. The allotment is expected to be finalised on June 23, 2025, with a tentative listing date set for June 25, 2025, on both BSE and NSE.
The price band for the Arisinfra Solutions IPO is set between ₹210 and ₹222 per share. Retail investors can apply for a minimum lot of 67 shares, requiring an investment of ₹14,070. However, bidding at the cutoff price is recommended to avoid missing out due to oversubscription, which takes the investment to approximately ₹14,874.
For non-institutional investors, the minimum lot size is higher. sNII investors must apply for at least 14 lots (938 shares), amounting to ₹2,08,236, while bNII investors must bid for 68 lots (4,556 shares), amounting to ₹10,11,432.
Jm Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited are the book-running lead managers. MUFG Intime India Private Limited is the registrar to the issue.
Industry Outlook
- India's construction materials market is set to grow significantly, driven by large-scale infrastructure projects under the National Infrastructure Pipeline (NIP) and increasing urbanisation. The demand for innovative and sustainable materials is rising, as the industry adopts modern construction practices to enhance efficiency and reduce costs.
- Government policies like the Pradhan Mantri Awas Yojana and smart city initiatives are accelerating housing and urban development projects. Additionally, the emphasis on green buildings and renewable energy is fostering the adoption of eco-friendly construction technologies.
Arisinfra Solutions IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Funds will be allocated to expand its operational capabilities and invest in state-of-the-art infrastructure to support the growing demand for construction materials.
- A portion of the proceeds will be directed towards repaying or prepaying outstanding borrowings, thereby improving the company’s financial position.
- Investments will be made in modern technologies and research to drive efficiency and innovation in its product offerings.
- The remaining funds will be used for general corporate purposes, including working capital and other strategic initiatives.
About Arisinfra Solutions Limited
Arisinfra Solutions Limited, originally incorporated as Arisinfra Solutions Private Limited on February 10, 2021, became a public limited company on July 29, 2024. Based in Mumbai, Maharashtra, the company focuses on offering solutions for infrastructure and construction materials.
Initially established as a private entity, Arisinfra Solutions expanded its capabilities to address the growing demand for innovative construction materials. Its diverse product range supports real estate, industrial infrastructure, and public projects.
With a commitment to excellence, the company ensures quality manufacturing through advanced production facilities and cutting-edge technologies. Its offerings cater to the evolving needs of infrastructure development in India.
Collaborating with various stakeholders, Arisinfra Solutions aims to support sustainable growth and contribute to India's infrastructure transformation.
How To Check the Allotment Status of the Arisinfra Solutions IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for Arisinfra Solutions IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Arisinfra Solutions IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Arisinfra Solutions IPO
Registered Office: Unit No. G-A-04 to 07, Ground Floor – A Wing, Art Guild House, Phoenix Marketcity, LBS Marg, Kurla (West), Mumbai - 400070, Maharashtra, India
Phone: +91 22 2691 2029
E-mail: cs@arisinfra.one
Arisinfra Solutions IPO Reservation
|
Investor Category |
Shares Offered |
|
Anchor Investor Shares |
1,01,26,946 (81.82%) |
|
QIB (Ex. Anchor) |
67,51,297 (54.55%) |
|
NII (HNI) Shares |
33,75,649 (27.27%) |
|
bNII > ₹10L |
22,50,432 (18.18%) |
|
sNII < ₹10L |
11,25,216 (9.09%) |
|
Retail Shares |
22,50,432 (18.18%) |
|
Total Shares |
1,23,77,378 (100.00%) |
Arisinfra Solutions IPO Anchor Investors Details
|
Particulars |
Details |
|
Anchor Bidding Date |
June 17, 2025 |
|
Total Shares Allotted to Anchor Investors |
1,01,26,946 |
|
Anchor Investment Amount |
₹224.82 crore |
|
Lock-in End Date for 50% of Anchor Shares (30 Days) |
July 23, 2025 |
|
Lock-in End Date for Remaining 50% (90 Days) |
September 21, 2025 |
Arisinfra Solutions IPO Lot Size
|
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 |
Arisinfra Solutions IPO Promoter Holding
The promoters of Arisinfra Solutions Limited 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.
|
Share Holding Pre-Issue |
51.67 |
|
Share Holding Post Issue  |
37.50 |
Note: The equity dilution will be determined by calculating the difference between the shareholding before the issue and the shareholding after the issue.
Key Performance Indicators for Arisinfra Solutions IPO
As of March 31, 2024, the market capitalisation of Arisinfra Solutions's IPO is ₹1799.28 crore. Here are the KPIs of Arisinfra Solutions:
|
KPI |
Value |
|
RoNW (%) |
(13.14) |
|
Net debt-to-total equity (x) |
1.45 |
|
Price to Book Value |
8.61 |
Price Metrics
|
Metric |
Pre-IPO |
Post-IPO |
|
EPS (₹) |
5.30  |
- |
|
P/E (x) |
(41.89)  |
- |
Note: Pre-IPO EPS is based on pre-issue shareholding as per RHP and FY24 earnings. Post-Issue EPS considers post-issue shareholding and annualised FY24 earnings from RHP.
Arisinfra Solutions IPO Prospectus
Arisinfra Solutions IPO Registrar and Lead Managers
Arisinfra Solutions IPO Lead Managers
- JM Financial Limited
- IIFL Securities Limited
- Nuvama Wealth Management Limited
Registrar for Arisinfra Solutions IPO
Link Intime India Private Limited
- Contact Number: +91 81081 14949
- Email Address: ipo@linkintime.co.in
Arisinfra Solutions IPO Registrar
Financial Performance of Arisinfra Solutions Limited
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Revenue from Operation (in ₹ million) | 6,968.42 | 7,460.71 |
| Gross margin (%) | 12.01 | 8.37 |
| EBITDA (in ₹ million) | 130.17 | (1.09) |
| Adjusted EBITDA margin (%) | 5.56 | (0.06) |
| RoNW (%) | (13.14) | (13.54) |
| Net working capital days | 120 | 102 |
| Net debt to total equity (x) | 1.45 | 1.75 |
Know before investing
Strengths
8Experienced promoters with a proven track record in the infrastructure sector.
Strategic location in Mumbai, providing access to key markets and industrial hubs.
Diversified product portfolio catering to real estate, industrial, and public projects.
Strong growth potential is driven by India's infrastructure development initiatives.
Government policies like Pradhan Mantri Awas Yojana and smart cities program boost demand.
Rising urbanisation creates opportunities for innovative construction materials.
Increasing focus on adopting advanced technologies and sustainable solutions.
Expanding investments in infrastructure projects driving demand for the company's offerings.
Risks
8Dependency on the cyclical nature of the infrastructure and construction industry.
Intense competition from established players in the market.
Rising raw material costs impact profitability and margins.
Regulatory changes or delays in government infrastructure projects.
Limited operating history as a public company, posing challenges in market perception.
Potential disruptions in supply chain management affecting operations.
Risks associated with economic slowdowns or reduced infrastructure spending.
Dependence on external funding for growth and expansion initiatives.
