Archive · 23 Sep 2025

NeoMile Capital Increases Stake in ArisInfra to 5.13%

NeoMile Capital Increases Stake in ArisInfra to 5.13%

NeoMile Capital, an investment firm, bought more shares of ArisInfra, a company that helps real estate developers get construction materials.

They purchased 29.4 lakh shares between September 18 and 22, increasing their total stake to 5.13%.

The shares were bought for approximately INR 47.9 Cr.

ArisInfra's share price is up 11% this month and the rally came after a brokerage firm gave a 'Buy' rating.

The company's shares are still trading below their listing price.

ArisInfra was founded in 2021 by Ronak Morbia and Bhavik Khara, and the company's revenue rose 11% to INR 212.1 Cr during the quarter and net profit declined 22% to INR 5.1 Cr.

Sources