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Arisinfra Solutions IPO

Arisinfra Solutions IPO — date, price band, lot size & details 2025

Arisinfra Solutions listed on 25 Jun 2025 at ₹205, 7.7% below the ₹222 issue price.

Arisinfra Solutions is a B2B technology-enabled company that simplifies the buying of construction materials for developers and contractors. Between 1 April 2021 and 31 December 2024 it delivered 14.10 million metric tonnes of materials.

Stock price

Arisinfra Solutions is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 10 November.

Key dates Listed
  1. Open 18 Jun 2025
  2. Close 20 Jun 2025
  3. Allotment 23 Jun 2025
  4. Refund/credit 24 Jun 2025
  5. Listing 25 Jun 2025

Issue summary

The terms of the offer, as filed.

IPO Dates 18 to 20 Jun, 2025
Price Band ₹210 – ₹222
Face Value ₹2
Lot Size 67 Shares
Issue Size ₹499.6 Cr
Sale Type Fresh capital only
Listing On BSE, NSE
Registrar MUFG Intime India Private Limited
Min Investment ₹ 14,874
Reservation
QIB 75%
NII 15%
Retail 10%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 67 shares at the ₹222 cut-off. Drag to size your application.

shares
1 lot lots
If it lists at today's grey market premium of ₹1
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
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

Strengths & risks

Drawn from the offer document — the case for and against, side by side.

Strengths · 5

  • 01The company delivered 14.10 million metric tonnes of construction materials between 1 April 2021 and 31 December 2024.
  • 02It served 2,659 customers using 1,729 vendors across 1,075 pin codes in that period.
  • 03It turned a profit of Rs 6.53 crore in the nine months to 31 December 2024 after losses in the three earlier years.
  • 04EBITDA improved from a loss of Rs 1.07 crore in FY2022 to a profit of Rs 39.88 crore in the nine months to 31 December 2024.
  • 05The whole Rs 499.6 crore issue was fresh capital, and Rs 204.60 crore of it was for repaying debt.

Risks · 7

  • 01The P/E was 207.48 at the upper band of Rs 222, based on post-issue EPS of Rs 1.07.
  • 02The company made losses of Rs 6.49 crore in FY2022, Rs 15.39 crore in FY2023 and Rs 17.30 crore in FY2024.
  • 03Return on net worth was negative at 13.14%.
  • 04Total borrowing of Rs 322.82 crore on 31 December 2024 was more than twice net worth of Rs 152.09 crore.
  • 05Total income fell from Rs 754.44 crore in FY2023 to Rs 702.36 crore in FY2024.
  • 06Debt to equity was 1.45, and Rs 177.00 crore of the proceeds was needed for working capital.
  • 07Shares listed at Rs 205 against the issue price of Rs 222. Promoter holding fell from 51.67% before the issue to 37.5% after it.

Three years of numbers

All figures in ₹ crore, as reported in the Arisinfra Solutions offer document.

Total income
557.76
754
702
558
31 Mar 202331 Mar 202431 Dec 2024
Profit after tax
6.53
-15
-17
7
31 Mar 202331 Mar 202431 Dec 2024
EBITDA
39.88
0
13
40
31 Mar 202331 Mar 202431 Dec 2024
Borrowing vs net worth
322.82 / 152.09
31 Mar 202331 Mar 202431 Dec 2024
Borrowing Net worth
Metric 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 586.56 492.83 394.95 334.22
Total Income 557.76 702.36 754.44 453.77
Profit After Tax 6.53 -17.30 -15.39 -6.49
EBITDA 39.88 13.02 -0.11 -1.07
NET Worth 152.09 141.60 104.94 140.30
Reserves and Surplus 141.10 139.77 -41.36 -6.01
Total Borrowing 322.82 273.98 220.35 154.25

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Arisinfra Solutions RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
207.48
EPS (₹)
1.07
RoNW
-13.14%
Debt / Equity
1.45
NAV (₹)
25.78

Arisinfra Solutions IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Pre-Issue Post-Issue
EPS (₹) ₹-2.95 ₹1.07
P/E Ratio (x) -75.25 207.48
Market Cap at Offer Price (₹ Cr) ₹-491.41 ₹1,354.82

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹222 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹499.59 Cr of the issue is earmarked to named objects.

Repayment / prepayment, in full or part, of certain outstanding borrowings availed by the Company ₹204.60 Cr
Funding the working capital requirements of the Company ₹177.00 Cr
Investment in the Subsidiary, Buildmex-Infra Pvt.Ltd., for funding its working capital requirements ₹48.00 Cr
General corporate purposes and Unidentified Inorganic Acquisitions ₹31.84 Cr
Issue Expenses ₹38.15 Cr

Arisinfra Solutions IPO Anchor Investors

15 anchor investors across 14 fund houses committed ₹224.80 Cr a day before the issue opened.

Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.

About the company

Arisinfra Solutions Limited was incorporated in 2021. It runs a B2B platform that digitises the buying of construction materials. It sources from a network of vendors and supplies developers and contractors in real estate and infrastructure.

Between 1 April 2021 and 31 December 2024 it delivered 14.10 million metric tonnes of aggregates, ready-mix concrete, steel, cement, construction chemicals and walling solutions. In that period it used 1,729 vendors and served 2,659 customers across 1,075 pin codes.

Major markets include Mumbai, Bengaluru and Chennai. The company has a subsidiary, Buildmex-Infra.

The IPO was a fresh issue of Rs 499.6 crore. Rs 204.60 crore was planned for repaying borrowings and Rs 177.00 crore for working capital.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
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
Promoter holding
51.67% → 37.5%
Pre-issue → post-issue

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
JM Financial Ltd. View track record →
Book-running lead manager
Nuvama Wealth Management Ltd. View track record →
Book-running lead manager
IIFL Capital Services Limited View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP
Anchor allocation
Exchange filing
The anchor book as filed with the exchange a day before the issue opened.
Open the filing

Arisinfra Solutions IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

JM Financial Ltd.

53 issues handled
Listed in Profit 73.6% 39 of 53 listed
Avg Listing Gain +14% across 53 issues
Listed Below Issue 14 of 53 listed

Best listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).

Nuvama Wealth Management Ltd.

23 issues handled
Listed in Profit 73.9% 17 of 23 listed
Avg Listing Gain +6.9% across 23 issues
Listed Below Issue 6 of 23 listed

Best listing: Sambhv Steel Tubes (+34.1%). Weakest: Ajax Engineering (-8.4%).

IIFL Capital Services Limited

50 issues handled
Listed in Profit 72% 36 of 50 listed
Avg Listing Gain +14% across 50 issues
Listed Below Issue 14 of 50 listed

Best listing: Tonbo Imaging India (+65.7%). Weakest: Acevector (-11.5%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Arisinfra Solutions
Email

Frequently asked

What is the GMP of Arisinfra Solutions?

The current Grey Market Premium is ₹1.

What is the Arisinfra Solutions IPO price band?

₹210 to ₹222, on a face value of ₹2.

When is the allotment?

The basis of allotment is 23 June 2025, with listing on 25 June 2025.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

Arisinfra Solutions IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹1
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2.8×
Min bid
₹14,874
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