Arisinfra Solutions Limited’s ₹499.59 Cr IPO to Open on June 18

Arisinfra Solutions Ltd IPO worth ₹499.59 crore opens June 18 and closes June 20. Price band set at ₹210–₹222. Know bidding details, objectives, and structure.
Arisinfra Solutions Ltd IPO worth ₹499.59 crore opens June 18 and closes June 20. Price band set at ₹210–₹222. Know bidding details, objectives, and structure.
Arisinfra Solutions Limited’s ₹499.59 Cr IPO to Open on June 18Arisinfra
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Mumbai | Arisinfra Solutions Limited (ASL) is all set to launch its Initial Public Offering (IPO) on Wednesday, June 18, 2025, with the issue set to close on Friday, June 20, 2025. The IPO comprises a fresh issue of equity shares aggregating to ₹499.59 crore, with a price band fixed between ₹210 and ₹222 per share of face value ₹2.

The anchor investor bidding will open a day earlier on Tuesday, June 17, 2025. Investors can place bids for a minimum of 67 equity shares and in multiples thereafter.

Use of IPO Proceeds

The company intends to use the net proceeds from the IPO for the following purposes:

  • Repayment or prepayment of certain borrowings: ₹204.60 crore

  • Working capital requirements: ₹177.00 crore

  • Investment in subsidiary Buildmex-Infra Pvt Ltd: ₹48.00 crore

  • General corporate purposes and inorganic acquisitions: Not exceeding ₹60.00 crore and limited to 25% of gross proceeds.

Issue Structure

The issue is being made through the book-building process under Regulation 6(2) of the SEBI ICDR Regulations, with at least 75% reserved for Qualified Institutional Buyers (QIBs). Up to 60% of the QIB portion may be allocated to anchor investors, with one-third of that specifically reserved for domestic mutual funds.

Further allocations include:

  • 15% for Non-Institutional Bidders (NIBs), subdivided into:

    • One-third for bids between ₹2 lakh and ₹10 lakh

    • Two-thirds for bids above ₹10 lakh

  • 10% for Retail Individual Bidders (RIBs)

Bidding must be done through the Application Supported by Blocked Amount (ASBA) process. Retail investors using UPI must ensure their accounts are linked to UPI IDs for payment processing. Anchor Investors cannot use ASBA.

Lead Managers

The Book Running Lead Managers (BRLMs) for the issue are:

  • JM Financial Limited

  • IIFL Capital Services Limited (formerly IIFL Securities Ltd)

  • Nuvama Wealth Management Limited

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