Arisinfra Solutions IPO Subscribed 2.20 Times by Day 3

The Arisinfra Solutions IPO has received a moderate response from investors, with a subscription of 2.20 times by the first half of Day 3. The company is offering shares in a price band of Rs. 210 to Rs. 222 per share, with a minimum lot size of 67 shares. The issue size stands at Rs. 499.60 crore, comprising entirely of a fresh issue. Stay tuned for the latest updates on the Arisinfra Solutions IPO subscription status as the offering progresses.

Arisinfra Solutions IPO Subscription Status - Day 3

On the final day of bidding, the Arisinfra Solutions IPO witnessed robust demand, with the issue being subscribed 2.20 times overall. The Retail Category led the momentum with a subscription of 4.71x, followed by NIIs at 2.38x. QIBs marginally increased their participation to 1.27x, helping push the IPO into full subscription territory.

Last Updated: 12:49 PM, Friday, 20 Jun 2025

Arisinfra Solutions IPO Subscription Status - Day 2

On Day 2 of the Arisinfra Solutions IPO got the overall subscription rose to 1.40 times. The Retail Category was subscribed at 3.17x, while NIIs continued to show strong interest at 1.47x. QIB participation also improved significantly, reaching 0.77x, indicating growing institutional confidence.

Arisinfra Solutions IPO Subscription Status - Day 1

The Arisinfra Solutions IPO saw a tepid start on Day 1, with an overall subscription of just 0.26 times. The Retail Category showed relatively better interest, subscribing at 1.10x, while Non-Institutional Investors (NIIs) subscribed 0.20x. However, Qualified Institutional Buyers (QIBs) stayed on the sidelines, recording zero participation on the opening day.

Company Overview of Arisinfra Solutions IPO 

Incorporated on February 10, 2021, Arisinfra Solutions has emerged as a technology-driven B2B enterprise transforming the procurement landscape for construction materials in India. Operating within a traditionally fragmented and unorganized sector, the company leverages technology and an extensive vendor network to streamline the supply of bulk materials such as aggregates, ready-mix concrete (RMC), steel, cement, and construction chemicals. By digitizing procurement processes, it aims to enhance efficiency, transparency, and cost-effectiveness for real estate and infrastructure developers.

Between April 2021 and March 2024, Arisinfra Solutions facilitated the delivery of 10.35 million metric tonnes (MT) of materials to 2,133 customers across 963 pin codes, covering key urban markets such as Mumbai, Bengaluru, and Chennai. By eliminating intermediaries and integrating digital workflows, the company enables clients to obtain competitive quotations within minutes while ensuring seamless delivery through its comprehensive management system. 

The company's customer base expanded significantly, growing from 431 in FY22 to 2,133 in FY24, while its vendor network increased from 441 to 1,458 during the same period. Prominent clients include Capacit’e Infraprojects, J Kumar Infraprojects, and Wadhwa Group, with key vendors such as Guardian Casting and G S Ispat. 

Beyond procurement, the company has diversified its offerings through its subsidiary, ArisUnitern, which provides advisory and consultancy services to real estate developers. This expansion not only strengthens client relationships but also creates additional revenue streams, reinforcing Arisinfra Solutions' position as a comprehensive solutions provider in the construction materials industry.

Strengths of Arisinfra Solutions IPO   

Let’s dive into the strengths and weaknesses to assess if the Arisinfra Solutions IPO is good or bad for investors.

Strengths:

• The company has leveraged AI and machine learning to streamline procurement, reduce intermediaries, and enhance efficiency, resulting in faster procurement, smooth deliveries, and seamless vendor communication.

• The company has expanded rapidly, increasing deliveries from 253 pin codes in FY2022 to 963 in FY2024, while its customer base grew from 431 to 2,133, reflecting strong market penetration.

• The company has implemented a robust credit risk framework, enabling better assessment of customer financial health, digitized documentation, and automated payment reminders, minimizing disputes and reducing collection delays.

• The company has expanded into third-party manufacturing of construction materials, improving margins, reducing reliance on external vendors, and ensuring better quality control, contributing Rs. 122.44 crore in FY2024 revenue, up from Rs. 18.40 crore in FY2023.

Risks:

• The company earns a significant portion of its revenue from aggregates, ready-mix concrete (RMC), and steel, which comprised 31.19%, 21.12%, and 16.73% of its operating revenue for Fiscal 2024. Decreased demand for any of these materials could adversely affect the company's financial condition and cash flows.

• The company’s operations are concentrated mainly in Maharashtra, Karnataka, and Tamil Nadu, contributing to more than 80% of its sales in the last three years. As a result, any adverse developments in these states could materially impact their business performance.

• The company's reliance on key customers, with its top 10 clients contributing 45.24% in FY2024, 39.07% in FY2023, and 47.19% in FY2022 of total revenue, poses a risk due to the absence of long-term contracts and potential revenue volatility.

Arisinfra Solutions IPO Details

• IPO Date: June 18, 2025 to June 20, 2025

• Issue Price: Rs. 210 to Rs. 222 per share

• Lot Size: 67 shares

• Total Issue Size: 2,25,04,324 shares (aggregating up to Rs. 499.60 crore)

• Fresh Issue: 2,25,04,324 shares (aggregating up to Rs. 499.60 crore)

• Tentative Allotment Date: June 23, 2025

• Tentative Listing Date: June 25, 2025

How to Apply for Arisinfra Solutions IPO

• Visit the Rupeezy app or Rupezy DOCK.

• Navigate to the IPO section on the Home Page

• Here, you can view all the IPOs with details such as market lot, minimum bid quantity, price range, and analysis.

• You can read the Red Herring Prospectus for the issue details.

• Click on Apply.

• Enter your UPI ID for payment & place the bid.

• While placing the bid, enter the cutoff price or desired price in the range specified. Select quantity as per lot size. 

• Submit to complete the order.