ArisInfra Solutions shares nosedive 17% after listing at discount – News Air Insight

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After making a discounted D-Street debut, shares of ArisInfra Solutions tanked further, ending with a total decline of 16.8% on the BSE from its upper end of the price band (Rs 222) to hit a low of Rs 184.65.

Shares of the company got listed at a discount of 5.8% on the BSE at Rs 209.10.

Ahead of its listing, the company’s grey market premium (GMP) in the unlisted space remained at 0%, suggesting a likely flat debut on the bourses.

The IPO comprised a pure fresh equity issue of 2.25 crore shares, amounting to Rs 499.60 crore, with no offer-for-sale (OFS) component. The company raised Rs 224.82 crore from anchor investors ahead of the IPO launch, witnessing strong interest from institutional players.

Retail investor response was moderate, with the retail portion subscribed 5.90 times. Qualified Institutional Buyers (QIBs) subscribed 1.5 times, while Non-Institutional Investors (NIIs) bid 3.32 times, resulting in an overall subscription of 2.80 times.

About ArisInfra Solutions

Founded in 2021, Arisinfra Solutions is a B2B procurement and financial platform focused on the construction materials supply chain, catering to over 2,100 customers across 960+ PIN codes. The company deals in key materials such as steel, cement, aggregates, RMC, chemicals, and walling solutions. It also operates a consultancy arm—ArisUnitern Re Solutions—that provides advisory services to real estate developers.

After recording losses in previous years, Arisinfra posted a net profit of Rs 6.53 crore in the nine months ended December 2024, along with an EBITDA of Rs 39.88 crore, marking a potential turnaround in performance.

Also read: NSE offers Rs 1,400 crore to SEBI to settle co-location and dark fibre cases

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