Arisinfra Solutions Limited Substantial Shareholders Dispose of 2.33% Stake Through Open Market Sales

Arisinfra Solutions Limited has received disclosure from substantial shareholders regarding the disposal of equity shares under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to share sales by Shivanand Shankar Mankekar HUF and persons acting in concert, resulting in a significant reduction in their collective shareholding. Share Disposal Details The substantial shareholders disposed of 18,93,950 equity shares through open market transactions, representing 2.33% of the company's total share capital. The disposal reduced their combined holding from 46,86,239 shares to 27,92,289 shares. Parameter: Before Sale After Sale Change Number of Shares: 46,86,239 27,92,289 -18,93,950 Percentage (Non-dilutive): 5.75% 3.43% -2.33% Percentage (Dilutive): 5.38% 3.21% -2.18% Transaction Timeline The share sales occurred over multiple days between February 9-12, 2026, with all transactions executed through open market sales. The selling entities included Shivanand Shankar Mankekar HUF and Mr. Kedar Shivanand Mankekar as the primary sellers. Date: Seller Shares Sold Percentage February 9, 2026: Shivanand Shankar Mankekar HUF 2,93,950 0.36% February 9, 2026: Mr. Kedar S. Mankekar 4,00,000 0.49% February 10, 2026: Mr. Kedar S. Mankekar 4,00,000 0.49% February 11, 2026: Mr. Kedar S. Mankekar 4,00,000 0.49% February 12, 2026: Mr. Kedar S. Mankekar 4,00,000 0.49% Regulatory Compliance The disclosure was made pursuant to Regulation 29(2) of SEBI SAST Regulations, which requires substantial shareholders holding 5% or more to disclose changes in shareholding exceeding 2%. The last disclosure by the selling group was made on February 6, 2026, when their combined holding stood at 46,86,239 equity shares representing 5.75% of the paid-up share capital. Company Share Capital Structure As per the latest shareholding pattern dated December 31, 2025, Arisinfra Solutions Limited has a paid-up equity share capital of 8,14,48,906 equity shares on a non-dilutive basis and 8,70,70,652 equity shares on a fully dilutive basis. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited. Selling Group Details The selling group comprises Shivanand Shankar Mankekar HUF as the acquirer and three persons acting in concert: Mr. Shivanand Shankar Mankekar, Mrs. Laxmi Shivanand Mankekar, and Mr. Kedar Shivanand Mankekar. The group does not belong to the promoter or promoter group category of the company. Arisinfra Solutions Limited has received an ACUITE BBB stable rating for its Rs. 150.00 Cr bank facilities from Acuité Ratings & Research. The rating assignment reflects the company's strengthened financial position and steady operational performance following its successful public listing. The company has formally notified stock exchanges about the rating through regulatory filings dated February 07, 2026. Rating Details and Regulatory Compliance The credit rating agency has assigned the long-term rating of 'ACUITE BBB' with a stable outlook on the company's bank facilities. Following regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the official rating letter to BSE and NSE on February 07, 2026. The rating letter, dated February 06, 2026, was received by the company team via email and is valid until December 24, 2026. Rating Parameter Details Product Bank Loan Ratings Quantum Rs. 150.00 Cr Long Term Rating ACUITE BBB Stable Assigned Letter Validity Until December 24, 2026 Total Outstanding Rs. 150.00 Cr Facility Breakdown and Lender Details The rated facilities comprise both existing and proposed bank facilities across different lenders. The rating covers a term loan facility from Vivriti Capital Limited and proposed long-term bank facilities, demonstrating the company's diversified funding approach. Lender Facility Type Amount (Rs. Cr) Rating Vivriti Capital Limited Term Loan 6.00 ACUITE BBB Stable Not Applicable Proposed Long Term Bank Facility 144.00 ACUITE BBB Stable Total Facilities 150.00 Strong Operational Performance Arisinfra Solutions has demonstrated robust growth across key financial metrics. The company's revenues increased significantly to Rs. 724.11 Cr in 9M FY26 from Rs. 546.52 Cr in 9M FY25, supported by higher volumes and deeper penetration within existing customers. EBITDA performance showed marked improvement, rising to Rs. 72.19 Cr from Rs. 46.94 Cr over the same period. Financial Metric 9M FY26 9M FY25 FY25 FY24 Operating Income Rs. 724.11 Cr Rs. 546.52 Cr Rs. 767.67 Cr Rs. 696.84 Cr EBITDA Rs. 72.19 Cr Rs. 46.94 Cr Rs. 48.10 Cr Rs. 33.01 Cr EBITDA Margin 9.97% 8.59% 6.27% 4.74% PAT Margin 5.32% 1.19% 0.78% (2.48%) IPO Success and Financial Strengthening The company completed its Initial Public Opening, issuing 2,25,04,324 equity shares at Rs. 222 per share, raising Rs. 499.596 Cr. The IPO proceeds were strategically utilized across multiple areas to strengthen the company's financial position, with significant debt reduction contributing to improved financial metrics. IPO Utilization Amount (Rs. Cr) Repayment/Prepayment of Borrowings Rs. 203.19 Cr Working Capital Requirements Rs. 176.97 Cr Investment in Subsidiary Rs. 47.87 Cr General Corporate Purposes Rs. 39.27 Cr Issue Expenses Rs. 21.16 Cr Total Utilized Rs. 488.46 Cr Unutilized Balance Rs. 11.13 Cr Business Model and Market Position Arisinfra Solutions operates as a B2B, technology-enabled procurement and supply-chain platform for the infrastructure and construction sector. The company facilitates trading, sourcing, supply, and distribution of construction materials including aggregates, ready-mix concrete, steel, cement, construction chemicals, tiles, electricals, and sanitaryware. The company has facilitated supply of approximately 20.62 million MT of construction materials through 2,083 vendors, serving 3,133 customers across 1,075 pin codes in major markets including Mumbai, Bengaluru, and Chennai. Rating Outlook and Risk Factors While the rating reflects several positive factors including promoters' extensive industry experience and improved net worth, Acuité has noted certain constraints including the company's limited operational track record and working-capital-intensive nature of operations. The working capital cycle showed improvement to 74 days, with average utilization of fund-based working-capital limits at 54.52%. The company's net worth increased to approximately Rs. 718 Cr in 9M FY26, with long-term debt reduced to Rs. 0.00 Cr, significantly strengthening its financial risk profile. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. 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