Arisinfra Solutions IPO - Day 3 Subscription at 2.80 Times

Arisinfra Solutions' initial public offering (IPO) has demonstrated significant improvement in investor demand through its three-day subscription period, with Arisinfra Solutions' stock price band set at ₹210 to ₹222 per share, showing gradual market acceptance. The ₹499.60 crore IPO has witnessed steady progress, with subscription rates opening at 0.26 times on day one, improving to 1.40 times on day two, and reaching solid 2.80 times by 5:04:33 PM on the final day, demonstrating growing investor interest in this technology-driven business-to-business (B2B) company in the construction materials market incorporated in 2021, operates as modern platform helping construction and infrastructure companies buy materials easily and manage finances smartly, focuses on digitising and simplifying procurement process delivering efficient end-to-end customer experience, delivered 10.35 million metric tonnes of construction materials between April 2021 and March 2024 utilising 1,458 vendors serving 2,133 customers across 963 pin codes.

Arisinfra Solutions IPO retail investors segment leads with solid 5.90 times subscription, while non-institutional investors demonstrate moderate participation at 3.32 times and qualified institutional buyers show modest interest at 1.50 times, reflecting gradual building of investor confidence in this company with clients including Capacit'e Infraprojects Limited, J Kumar Infraprojects Limited, Afcons Infrastructure Limited, providing value-added services to real estate developers, recently turned profitable with ₹6.53 crores PAT in December 2024 after losses in previous years, but operates with a high debt-to-equity ratio of 1.45 and faces aggressive pricing concerns.
 

Arisinfra Solutions IPO subscription reached a solid 2.80 times on the final day, led by Retail (5.90x), NII (3.32x), and QIB (1.50x). Total applications reached 1,78,851.

Subscription Status of Arisinfra Solutions IPO:

Here are the subscription details for Arisinfra Solutions IPO as of Day 3 (June 20, 2025, 5:04:33 PM):

Key Highlights - Day 3:

• Overall subscription reaching solid 2.80 times, significant improvement from day two's 1.40 times
• Retail segment leading with solid demand at 5.90 times, strong increase from day two's 3.17 times
• NII segment showing moderate participation at 3.32 times, improvement from day two's 1.47 times
• QIB segment showing modest interest at 1.50 times, significant improvement from day two's 0.77 times
• Total applications reached 1,78,851, indicating substantial investor participation growth
• The cumulative bid amount reached ₹769.114 crores against the issue size of ₹499.60 crores

Arisinfra Solutions IPO - Day 2 Subscription at 1.40 Times

Key Highlights - Day 2:

• Overall subscription improving significantly to 1.40 times, substantial progress from day one's 0.26 times
• Retail segment leading with solid demand at 3.17 times, strong improvement from day one's 1.10 times
• NII segment showing moderate participation at 1.47 times, a significant increase from day one's 0.20 times
• QIB segment showing emerging interest at 0.77 times, first institutional participation from day one's 0.00 times

Arisinfra Solutions IPO - Day 1 Subscription at 0.26 Times

Key Highlights - Day 1:

• Overall subscription opening weak at 0.26 times, showing cautious initial investor interest
• Retail segment showing modest participation at 1.10 times, indicating limited individual investor confidence
• NII segment showing poor interest at 0.20 times across both categories
• QIB segment showing complete absence of interest at 0.00 times, indicating zero initial institutional confidence

About Arisinfra Solutions IPO

Incorporated in 2021, ArisInfra Solutions Limited is a modern platform that helps construction and infrastructure companies buy materials easily and manage their finances smartly. ArisInfra is a business-to-business (B2B) technology-driven company in the expanding construction materials market, focusing on digitizing and simplifying the procurement process, delivering an efficient end-to-end customer experience.

Financial performance shows recent turnaround with profit after tax of ₹6.53 crores in December 2024 after losses of ₹17.30 crores in FY2024, ₹15.39 crores in FY2023, and ₹6.49 crores in FY2022. The company operates with high debt levels including debt-to-equity ratio of 1.45, total borrowings of ₹322.82 crores as of December 2024, and faces aggressive valuation with pre-IPO P/E of negative 41.89x and price-to-book value of 8.61x. Market capitalization post-IPO would be ₹1,799.28 crores with promoters holding 37.50% post-issue.

Highlights of the Oswal Pumps IPO:

• IPO type: Book Building IPO
• IPO size: ₹499.60 crores
• Fresh Issue: 2.25 crore shares
• Face value: ₹2 per share
• Issue price band: ₹210 to ₹222 per share
• Lot size: 67 shares
• Minimum investment for retail investors: ₹14,874 (1 lot, 67 shares)
• Minimum investment for sNII: ₹2,08,236 (14 lots, 938 shares)
• Minimum investment for bNII: ₹10,11,432 (68 lots, 4,556 shares)
• Anchor investor allocation: ₹224.82 crores
• Book-running lead managers: JM Financial Limited, IIFL Capital Services Limited, Nuvama Wealth Management Limited
• Registrar: MUFG Intime India Private Limited (Link Intime)
• Listing at: BSE, NSE
• IPO opens: June 18, 2025
• IPO closes: June 20, 2025
• Allotment date: June 23, 2025
• Listing date: June 25, 2025