Archive · 19 Jun 2025

ArisInfra Solutions IPO Sees Moderate Subscription on Day Two

ArisInfra Solutions IPO Sees Moderate Subscription on Day Two

ArisInfra, a construction materials provider, is selling shares to raise money.

The IPO, which started Wednesday, had a good response on its second day, being oversubscribed by 1.32 times.

Retail investors showed strong interest, subscribing three times their allocated shares.

Non-institutional investors also participated, subscribing 1.39 times.

The company aims to raise about ₹499.60 crore by offering over 2.25 crore shares.

Sources