Arisinfra Solutions Limited is preparing for its Initial Public Offering (IPO) to raise funds and expand its business. The IPO will be a Book Built Issue of 2.86 crore shares, with all of them being a fresh issue. While the IPO dates and price band are yet to be announced, investors are eagerly awaiting further details. The allotment process for the IPO is expected to be finalized soon after the subscription closes.

Arisinfra Solutions IPO Details

Detail

Information

IPO Date

To be announced

Listing Date

To be announced

Face Value

₹2 per share

Price Band

To be announced

Lot Size

To be announced

Total Issue Size

2,85,71,428 shares (₹[.] Cr)

Fresh Issue

2,85,71,428 shares (₹[.] Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Shareholding Pre-Issue

4,62,46,260 shares

Shareholding Post-Issue

7,48,17,688 shares

IPO Reservation Details

Investor Category

Shares Offered

QIB Shares Offered

Not less than 75% of the issue

Retail Shares Offered

Not more than 10% of the issue

NII (HNI) Shares Offered

Not more than 15% of the issue

About Arisinfra Solutions Limited

Founded in 2021, Arisinfra Solutions is a B2B technology-driven platform that simplifies the procurement of construction materials for businesses in the infrastructure sector. The company focuses on providing an efficient end-to-end customer experience by digitizing the supply chain. Their product range includes GI pipes, MS wire, MS TMT bars, and OPC bulk cement among other construction materials.

Between April 2021 and March 2024, Arisinfra has supplied over 10.35 million metric tonnes of materials to over 2,100 customers across cities like Mumbai, Bengaluru, and Chennai. Their clients include major players like Capacit’e Infraprojects, Afcons Infrastructure, and J Kumar Infraprojects.

The company also owns a subsidiary, ArisUnitern Re Solutions, which offers advisory, consultancy, marketing, and sales support to real estate developers.

Competitive Strengths

Technology-Driven Supply Chain: Arisinfra leverages technology to transform the supply chain for construction materials.
Market Opportunities: The company is well-positioned to capitalize on emerging opportunities in the construction materials market.
Operational Efficiency: The company uses a comprehensive credit risk analysis framework for better operational management.

Company Financials

Here’s a look at the financial performance of Arisinfra Solutions Limited:

Period Ended

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets (₹ Cr)

492.83

394.95

334.22

Revenue (₹ Cr)

702.36

754.44

453.77

Profit After Tax

-17.3

-15.39

-6.49

Net Worth (₹ Cr)

141.6

104.94

140.3

Reserves (₹ Cr)

139.77

-41.36

-6.01

Total Borrowing (₹ Cr)

273.98

220.35

154.25

Objectives of the IPO

The funds raised through the IPO will be used for the following purposes:

General Corporate Purposes: The remaining funds will be used for general corporate activities and potential acquisitions.
Repayment of Borrowings: A portion of the proceeds will be used to repay outstanding borrowings.
Working Capital: The funds will help support the company’s working capital needs.
Investment in Subsidiary: The company plans to invest in its subsidiary Buildme Infra Private Limited.
Shareholding Purchase: Arisinfra will use part of the proceeds to purchase shares from existing shareholders of its subsidiary ArisUnitern Re Solutions.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.