Arisinfra Solutions Ltd. has announced public offering of 22504324 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 220.00 per share. The gross proceeds of the issue are expected to be Rs 49,959.60 lakhs.
The company's initial public offer (IPO) will open on 18 June 2025 and is expected to close on 20 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 210.00-222.00 per share.
The IPO includes a fresh Issue of 22504324 Equity Shares of the Company at an price of Rs 222.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 67 shares with bids in multiples of 67.
Arisinfra Solutions Ltd. anticipates using the proceeds of the issue for .
JM Financial Ltd.,IIFL Capital Services Limited,Nuvama Wealth Management Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.