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ArisInfra Ends First Trading Session 22% Below IPO Price

  • Shares of ArisInfra Solutions ended the first trading session 22% below its IPO price.
  • The company closed at INR 174.10 on the BSE, down 21.6% from the IPO issue price of INR 222.
  • ArisInfra's market capitalization was $164 million, lower than the IPO valuation of $209 million.
  • The stock closed 16.7% below its opening price of INR 209.10 on the BSE.
  • Trading on the NSE saw the stock closing at INR 173.9, down 21.7% from the issue price.
  • 19.3 lakh equity shares of ArisInfra were traded on the BSE on the first day.
  • ArisInfra faced weak investor sentiment on its listing day despite a positive broader market trend.
  • The IPO, oversubscribed 2.65X, witnessed strong interest from retail investors.
  • Qualified institutional buyers showed tepid response, oversubscribing 1.4X.
  • Brokerage firms like Bajaj Broking and Religare Broking had mixed opinions on ArisInfra's IPO.
  • ArisInfra posted profits in the first nine months of FY25 after losses in FY24.
  • The company's operating revenue improved in 9M FY25 compared to FY24.
  • ArisInfra is expected to announce its full-year FY25 financials soon.

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