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ArisInfra IPO: Issue Oversubscribed 2.4X On Day 3 So Far

  • ArisInfra Solutions' B2B ecommerce company's IPO oversubscribed 2.44X on the final day of bidding.
  • At 03:05 PM on day 3, bids were placed for 3.19 Cr shares against the 1.31 Cr shares on offer.
  • Retail investors led the oversubscription, bidding 5.15X for 1.23 Cr shares against 23.79 Lakh shares.
  • Non-institutional investors bid 2.78X, putting in 99.10 Lakh shares against 35.69 Lakh shares.
  • Qualified institutional buyers (QIBs) saw a 1.37X oversubscription, bidding 97.50 Lakh shares against 71.37 Lakh shares.
  • Foreign institutional investors (FIIs) showed strong interest in the QIB category with bids for 91.91 Lakh shares.
  • Domestic financial institutions and mutual funds bid for minimal shares.
  • (The story will be updated soon)

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