Arisinfra Solutions IPO was subscribed 1.32 times on the second day of public bidding after stock market investors showed decent demand for the primary issue. The IPO is set to close on Friday, 20 June 2025. after the final day of public subscription.
Arisinfra Solutions IPO subscribed 1.32 times on Day 2; Check latest GMP, subscription status, other details
The Arisinfra Solutions initial public offering (IPO) saw a mixed bag on its second day of bidding (June 19, 2025). While overall subscription reached 1.32 times the offered shares, retail investors showed significant enthusiasm.
Key Highlights:
Total Subscription: 1.32 times oversubscribed.
Retail Investor Segment: 3 times oversubscribed (71.30 lakh bids).
Non-Institutional Investors (NIIs): 1.39 times oversubscribed (49.46 lakh bids).
Grey Market Premium (GMP): ₹22 per share (down ₹3 from the previous day).
Expected Listing Price: ₹244 (based on upper price band of ₹222 and current GMP).
Arisinfra Solutions aims to raise nearly ₹499.60 crore through a fresh issue of over 2.25 crore equity shares. The price band is set at ₹210 to ₹222 per share, with a minimum lot size of 67 shares. The IPO opened on June 18th and closes on June 20th, 2025.
IPO Funds Allocation:
The company plans to utilize the funds for several key objectives:
Debt Repayment: Reducing existing loan burdens.
Working Capital: Strengthening operational liquidity.
Subsidiary Investment: Funding growth within its subsidiary.
Potential Acquisition: Investing in an undisclosed acquisition.
General Corporate Needs: Supporting overall business operations.
Noteworthy: Arisinfra Solutions successfully raised ₹224.8 crore from anchor investors prior to the IPO.
IPO Management Team:
The book-runners for this IPO are JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited. MUFG Intime India Private Limited (Link Intime) serves as the registrar.
Disclaimer: This information is for general knowledge and does not constitute financial advice. Consult a financial professional before making any investment decisions.