In India’s Maharashtra, B2B supply chain innovator ArisInfra Solutions Ltd launched its IPO on June 18, 2025, to raise ₹225 crore from anchor investors ahead of its retail subscription window ending June 20. With a price band of ₹210–222 per share, the issue has seen early underwriting success including ₹225 crore from notable funds. Bullish grey market premiums of ₹25 suggest a strong debut, though analysts advocate a long-term investment mindset.
ArisInfra Solutions Ltd, a Pune-headquartered tech-driven firm simplifying construction-material procurement, launched its ₹225 crore IPO on the NSE SME platform. With a price band set between ₹210 and ₹222 per share, the offering attracted ₹225 crore from anchor investors the previous day, including Astorne Capital VCC, Citigroup Global Markets Mauritius, Nexus Global Opportunities Fund, Zeal Global Opportunities Fund, and others.
IPO Structure & Early Subscription
- Size & Allocation: ₹225 crore anchor round precedes the public issue.
- Investor Split: 75% for Qualified Institutional Buyers, 15% for Non-Institutional Investors, 10% reserved for retail.
- Day 1 Subscription: 10% overall (2% Non-Institutional, 8% Retail) by midday June 18.
Grey Market Premium & Valuation
- GMP Today: Around ₹25, indicating expected listing at ₹247—a roughly 11% premium on the upper price band.
- GMP Range: Expected between ₹25 and ₹40, although early indications suggest a slight downtrend.
Business Model & Fund Usage
- Company Focus: AI-enable tech procurement for materials like aggregates, cement, steel, and more, leveraging a vast vendor network across Mumbai, Bengaluru, and Chennai.
- Technology Edge: Integrated platform deployed across 963 pincodes, enabling delivery of 10.35 million MT of materials via 1,458 vendors to 2,133 clients over FY2021–24.
- IPO Proceeds: To bolster AI systems, strengthen procurement infrastructure, repay debt, and support business expansion.
With strong anchor demand, a ₹25 grey market premium, and backing from respected brokerages, ArisInfra’s IPO appears solid for investors focused on long-term gains tied to infrastructure and digital procurement markets. Cautious optimism is advised given elevated valuations, though market sentiment and AI-powered traction are promising.
