News Details

( As on 21/01/2025 09:40)

Arisinfra Solutions announces launch of initial public offering

Arisinfra Solutions Ltd. has announced public offering of 28571428 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 208.00 per share. The gross proceeds of the issue are expected to be Rs 60,000.00 lakhs.

The company's initial public offer (IPO) will open on 03 February 2025 and is expected to close on 05 February 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 200.00-210.00 per share.

The IPO includes a fresh Issue of 28571428 Equity Shares of the Company at an price of Rs 210.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 70 shares with bids in multiples of 70.

Arisinfra Solutions Ltd. anticipates using the proceeds of the issue for .

JM Financial Ltd.,IIFL Capital Services Limited,Nuvama Wealth Management Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.