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…