Arisinfra Solutions IPO is fully book build issue and IPO is fully fresh offer issue. The entire share offering is a fresh issue of ₹600 crore.
The dates for the Arisinfra Solutions IPO is opening from March 2025 and closing on March 2025
The allotment process is expected to be finalized by Mar 2025. The Arisinfra Solutions IPO is scheduled to list on BSE, NSE, with a tentative listing date of Mar 2025.
The price band for the Arisinfra Solutions IPO has not been announced yet.
Registrar for this IPO is Link Intime India Private Limited and lead managers for Arisinfra Solutions IPO are JM Financial Limited, IIFL Securities Limited, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited).
IPO Schedule
| IPO Open Date | - |
|---|---|
| IPO Close Date | - |
| IPO Allotment Date | - |
| Refund Initiation | - |
| Share credit in Demat | - |
| Listing Date | - |
Key Details
| Price Band | ₹200 to ₹210 Per Share |
|---|---|
| Lot Size | 70 Shares |
| Face Value | ₹2 Per Equity Share |
| Total Issue Size | ₹600.00 Crores |
| Fresh Issue | ₹600.00 Crores |
| Issue Type | Fresh Issue |
| Listing At | BSE & NSE |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 75% |
| Retail | 10% |
| NII/HNI | 15% |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | 14,700 |
| Retail (Max) | 13 | 910 | 191,100 |
| S-HNI (Min) | 14 | 980 | 205,800 |
| S-HNI (Max) | 68 | 4760 | 999,600 |
About Arisinfra Solutions Limited Company
ArisInfra is a B2B technology-enabled company simplifying construction material procurement. Leveraging technology and expertise, they streamline the process of purchasing bulk materials, offering an efficient end-to-end experience. They connect real estate and infrastructure developers with a wide vendor network, aiming to be a one-stop solution.
Between April 2021 and March 2024, ArisInfra delivered 10.35 million MT of materials, serving 2,133 customers across 963 pin codes with 1,458 vendors. The Indian construction materials market is highly fragmented, presenting opportunities for digital procurement companies to enhance margins and eliminate inefficiencies. ArisInfra transforms procurement by minimizing intermediaries, offering a cost-effective alternative to traditional methods.
Their technology generates vendor lists based on location, credit terms, and performance, facilitating quick price quotations. An integrated delivery system provides real-time updates. Proprietary technology analyzes customer data for credit risk management, utilizing AI and machine learning to optimize decision-making.
Strategic partnerships with real estate and infrastructure players drive demand-side growth and improve credit risk analysis. ArisInfra also leverages underutilized manufacturer capacities, expanding material range and streamlining supply chains. In Fiscal Year 2023, ArisInfra recorded a revenue of ₹754.2 million demonstrating its robust growth and market presence.
Arisinfra Solutions Limited Financial Details
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 492.83 | 394.95 | 334.22 |
| Revenue | 696.84 | 746.07 | 452.35 |
| Profit After Tax | -17.30 | -15.39 | -6.49 |
| Net Worth | 142.15 | 103.70 | 140.24 |
| Reserves and Surplus | 139.77 | -41.36 | -6.01 |
| Total Borrowing | 273.98 | 220.35 | 154.25 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| (5.30) | (13.14%) | 25.78 | 1.45 |
Offer Objectives
The offer includes an ESOP Plan 2024, compliant with SEBI SBEB Regulations, allowing the company to grant options before filing the Red Herring Prospectus. Approved by the Board and Shareholders on July 31, 2024, it allows for the issuance of up to 6,000,000 equity shares to eligible employees, subject to adjustments for corporate actions.
As of the Draft Red Herring Prospectus date, 4,500,000 options have been granted under this plan. The total number of options available are 4,500,000 convertible into equity shares. The exercise price is between ₹370 and ₹500. The vesting period is 6 years. As of the date of certification, no money has been realized, and no options have been exercised or vested.
Srinivasan Gopalan has been granted 4,500,000 options, with an equal number outstanding. There are also gift transactions of equity shares disclosed, primarily by Shweta Ronak Morbia, Kishor Morbia, and Ramesh Morbia to various individuals and trusts. The company does not intend to alter its capital structure for six months post-issue, except for equity shares issued pursuant to the Issue or the ESOP Schemes.
The issue involves a fresh issue of equity shares aggregating up to ₹600 Crore. A Pre-IPO placement of up to ₹120 Crore may also be undertaken. The net proceeds will be used for:
1) Repayment/prepayment of borrowings (₹204.6 Crore),
2) Funding working capital (₹177 Crore),
3) Investment in Buildmex-Infra Private Limited for working capital (₹48 Crore),
4) Purchase of partial shareholding in ArisUnitern Re Solutions Private Limited (₹20.4 Crore),
5) General corporate purposes and unidentified inorganic acquisitions
The schedule of implementation extends through Fiscal Year 2026.
Company Details
Address:
Unit No. G-A-04 to 07, Ground Floor A Wing,
Art Guild House, Phoenix Marketcity,
LBS Marg, Kurla (West), Mumbai 400 070,
Maharashtra, India
Phone: 022-2611 2029
Email: [email protected]
Website: https://arisinfra.com
IPO Registrar Details
Link Intime India Private Limited
Phone: +91 81081 14949
Email: [email protected]
Website: http://www.linkintime.co.in
Offer Prospectus & Documents
Lead Managers
- JM Financial Limited
- IIFL Securities Limited
- Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited)
