ArisInfra Solutions IPO Day 1: Issue subscribed 24%; should you apply?

ArisInfra Solutions IPO: The initial public offering (IPO) of ArisInfra Solutions Ltd opened on June 18 and will conclude on June 20. The issue has witnessed an overall subscription of 20 per cent in the first day bidding process. The infrastructure firm has launched the IPO to raise around Rs 500 crore.

On Wednesday, the IPO received bids for 31,78,815 shares against 1,30,84,656 shares reserved across all categories.

Among the categories, retail investors showed the highest interest, with 1.04 times subscription—24,77,191 shares against the 23,79,028 allocated for this portion. On the other hand, qualified institutional buyers (QIBs) applied for 10,988 shares against 71,37,086 shares.

Meanwhile, the non-institutional investors (NIIs), also known as high-net-worth individuals (HNIs), subscribed to 19 per cent of their portion with bids for 6,90,636 shares against the 35,68,542 shares allocated.

ALSO READ | ArisInfra Solutions IPO: Price band, issue size, key details; should you subscribe?

ArisInfra Solutions IPO Details | Price band, issue size, registrar, important dates

The company plans to raise Rs 499.6 crore through a fresh issue of equity shares. It consists of 2.25 to 2.37 crore equity shares, each with a face value of Rs 2.

The company has fixed the price band between Rs 210 and Rs 222 per share. Investors can place bids starting from a minimum of 67 shares, and in multiples thereafter.

The offering is being managed by JM Financial, IIFL Capital Services, and Nuvama Wealth Management, while MUFG Intime India Private serves as the registrar.

Based on the price band, the company’s estimated market capitalisation after listing is expected to range between Rs 1,729 crore and Rs 1,799 crore

ArisInfra Solutions IPO | Important dates to remember

• IPO Closing Date: Friday, June 20, 2025
• Basis of Allotment: Monday, June 23, 2025
• Initiation of Refunds & Credit of Shares: Tuesday, June 24, 2025
• IPO Listing Date: Wednesday, June 25, 2025

Should you apply to ArisInfra Solutions IPO?

Domestic brokerages have advised investors to subscribe to the ArisInfra Solutions IPO with a long-term perspective.

SBI Securities has issued a 'subscribe for long-term' recommendation, highlighting that the IPO offers exposure to a modern, tech-enabled platform in the construction materials space. However, the brokerage cautions that the listing may be subdued due to relatively high valuations.

Similarly, Bajaj Broking has suggested that investors with surplus funds or a deep understanding of the market may consider allocating moderate capital for long-term gains. On the other hand, more conservative investors might choose to avoid this IPO given its premium pricing.

About ArisInfra Solutions

ArisInfra has established a strong presence in the construction supply chain, having delivered 14.1 million metric tonnes (MMT) of materials between April 2021 and December 2024. These deliveries were facilitated through 1,729 vendors to 2,659 customers across 1,075 pin codes, including major urban centers such as Mumbai, Bengaluru, and Chennai.