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Arisinfra Solutions IPO Allotment Finalized; Flat Listing Anticipated on June 25

Proceeds from the Rs499.6 crore fresh issue will support debt repayment, working capital, general corporate purposes.

Arisinfra Solutions IPO
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Overview

  • Overall subscription came in at 2.56 times with retail bids at 5.59 times, NIIs at 3.14 times and QIBs at 1.42 times.
  • IPO raised Rs499.6 crore through a fresh issue of 2.25 crore equity shares priced between Rs210 and Rs222 each.
  • Allotment status was finalized on June 23, with refunds and share transfers due on June 24 and listing scheduled for June 25 on BSE and NSE.
  • Grey market premium remained at zero, indicating a likely flat market debut.
  • Investors can verify allotment details online via the BSE, NSE and MUFG Intime India platforms.