ARSS Infrastructure Projects Ltd IPO


IPO Subscription Details

  • Open Date 08 Feb
  • Close Date 11 Feb
  • Lot Size 15
  • IPO Size ₹ 103 Cr
  • IPO Price Range ₹ 450
  • Min Investment ₹ 6750

IPO Synopsis

Public issue of 22,88,888 equity shares of Rs.10/- each (equity shares) of ARSS Infrastructure Projects Limited (ARSS or The Company or The Issuer) for cash at a price of Rs. 450 per equity share (including a share premium of Rs. 440 per equity share) aggregating upto Rs. 103.00 Crores (Issue). The issue will constitute 18.23% of the pre issue and 15.42% of the post issue fully paid up equity capital of the company. Issue Price: Rs. 450 per equity share of face value Rs. 10 each The issue price is 45 times of the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of ARSS Infrastructure Projects Ltd IPO

Contact Information

Plot No 38 Sector -A Zone-D,
Mancheswar Industrial Estate,
Bhubaneswar, Orissa 751010

ARSS Infrastructure Projects Ltd IPO Lead Manager

IDBI Capital Market Services LtdSBI Capital Markets Ltd

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