IPO Market / ArisInfra Solutions IPO opens today, you can invest till March 25

IPO Market: The Initial Public Offer (IPO) of ArisInfra Solutions Limited has opened today, March 20. Investors can bid for this issue till March 25. The company's shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on March 28.

Company's fund raising plan

Through this IPO, the company wants to raise a total of ₹ 600 crore. Under this, 2,85,71,428 fresh shares will be issued. In this issue, existing investors or promoters will not sell any shares through Offer for Sale (OFS).

Investment limit and price band

ArisInfra Solutions has fixed the price band of the IPO at ₹ 200-₹ 210. The minimum and maximum investment limits for retail investors are as follows:

Minimum Investment: 1 lot (70 shares) = ₹14,700 (at the upper price band of ₹210)

Maximum Investment: 13 lots (910 shares) = ₹1,91,100 (at the upper price band of ₹210)

Reservation Allocation

The company has made reservation arrangements for various investors in the IPO:

• 75% for Qualified Institutional Buyers (QIBs)
• 10% for Retail Investors
• 15% for Non-Institutional Investors (NIIs)

Introduction to ArisInfra Solutions

ArisInfra Solutions Limited was founded in 2021. It is a B2B company that provides assistance to construction and infrastructure companies in material procurement and finance management. Its major clients include companies like Capacite Infraprojects Ltd, J Kumar Infraprojects Ltd, Afcons Infrastructure Ltd, EMS Ltd and S P Singla Construction Pvt Ltd.

Importance of IPO

IPO (Initial Public Offering) is when a company issues its shares to the general public for the first time. It is an important way for companies to raise funds, allowing them to expand their business.