After a gap of more than a month, Arisinfra Solutions is gearing up for its Initial Public Offering (IPO), which will be listed on the mainboard segment of BSE and NSE.
The IPO will open for subscription on March 20, 2025. This comes after the recent Quality Power IPO in February, and has created a stir in the market, with shares trading at a premium price in the gray market.
However, market experts caution that investment decisions should focus on the company’s fundamentals and financial performance, rather than market speculation or gray market trends.
Details of Arisinfra Solutions IPO
Issue Size: 2,85,71,428 new shares, with a face value of Rs 2 each.
Price Band: The price band has not yet been disclosed.
Investor Allocation:
75% for Qualified Institutional Buyers (QIB),
15% for Non-Institutional Investors (NII), and
10% for Retail Investors.
Share Allotment Date: March 26, 2025.
Listing Date: March 28, 2025, on BSE and NSE.
Registrar: Link Intime.
The funds raised through the IPO will be utilized for:
Repaying debt,
Meeting working capital requirements,
Investment in subsidiary BuildMe Infra Pvt Ltd,
Acquiring more stake in AresUnited Re Solutions, and
General corporate purposes.
About Arisinfra Solutions
Arisinfra Solutions, established in 2021, is a construction and infrastructure platform that helps businesses procure materials and manage their finances effectively. Their product range includes:
GI Pipe (Steel),
MS Wire (Steel),
MS TMT Bar (Steel), and
OPC Bulk Cement.
The company has delivered over 1.03 crore tonnes of materials across 963 pin codes in India, including regions like Mumbai, Karnataka, and Chennai, between April 2021 to March 2024.
Financial Health and Performance
Financial Losses: Arisinfra Solutions has been facing mounting losses:
FY 2022: Net loss of Rs 6.49 crore,
FY 2023: Loss increased to Rs 15.39 crore,
FY 2024: Loss reached Rs 17.3 crore.
Revenue Fluctuation: Despite the losses, the company saw revenue growth:
FY 2022: Rs 453.77 crore,
FY 2023: Rs 754.44 crore,
FY 2024: Rs 702.36 crore.
While the company has been showing growth in revenue, its continuous losses may raise concerns for potential investors.
As always, it’s essential for investors to carefully analyze the company’s financial health, long-term prospects, and business strategy before committing to the IPO.