Tag: ArisInfra Solutions

Industry

Arisinfra Solutions’ IPO subscribed 1.32 times on Day 2 of offer

NEW DELHI: The initial share sale of Arisinfra Solutions Ltd got subscribed 1.32 times on the second day of bidding on Thursday. The Initial Public Offer (IPO) received bids for 1,73,03,085 shares against 1,30,84,656 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got subscribed 3 times while the portion for non-institutional investors fetched 1.39 times subscription. The quota for Qualified Institutional Buyers (QIBs) received 73 per cent subscription. ArisInfra Solutions Ltd on Tuesday said it has garnered Rs 225 crore from anchor investors. The nearly Rs 500-crore IPO will conclude on Friday. The price…

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Arisinfra Solutions’ IPO gets subscribed 24% on Day 1 of offer

NEW DELHI: The initial share sale of Arisinfra Solutions Ltd received a 24 per cent subscription on the first day of bidding on Wednesday. The Initial Public Offer (IPO) got bids for 31,78,815 shares against 1,30,84,656 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got fully subscribed by 1.04 times. The quota for non-institutional investors received 19 per cent subscription. ArisInfra Solutions Ltd on Tuesday said it has garnered Rs 225 crore from anchor investors. The nearly Rs 500-crore IPO will conclude on June 20. The price band for the offer has been fixed…

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Ahead of IPO, ArisInfra Solutions garners ₹225 crore from anchor investors

NEW DELHI: ArisInfra Solutions Ltd on Tuesday said it has raised Rs 225 crore from anchor investors, a day ahead of the launch of its initial share sale for public subscription. Astorne Capital VCC, Niveshaay Hedgehogs Fund, Citigroup Global Markets Mauritius, Rajasthan Global Securities, Sunrise Investment, Nexus Global Opportunities Fund, Zeal Global Opportunities Fund, Saint Capital Fund, Beacon Stone Capital among others have been allotted shares in the anchor round. According to a circular uploaded on BSE’s website, ArisInfra Solutions allocated 1,01,26,946 shares to 15 funds at Rs 222 per equity share, which is the upper end of the IPO…

Industry

ArisInfra Solutions sets IPO price band at ₹210-222 per share

NEW DELHI: ArisInfra Solutions Ltd on Friday fixed a price band of Rs 210 to Rs 222 per share for its nearly Rs 500-crore Initial Public Offering (IPO). The initial share sale will open for a public subscription on June 18 and conclude on June 20, the company announced. The IPO is a completely fresh issue of equity shares worth Rs 499.6 crore with no Offer For Sale (OFS) component. At the upper end of the price band, the company is valued at nearly Rs 1,800 crore. Proceeds of the issue will be used for funding the working capital requirements…