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ArisInfra Shares List At 8% Discount Over IPO Price

  • Shares of ArisInfra Solutions debuted on the NSE at INR 205, a 7.65% discount over its IPO price, and on the BSE at INR 209, a 5.81% discount.
  • ArisInfra's INR 499.6 Cr IPO had an issue price of INR 222, oversubscribed 2.65X, with bids for 3.47 Cr shares against 1.31 Cr shares on offer.
  • Founded in 2021 by Ronak Morbia and Bhavik Khara, ArisInfra is a B2B construction material procurement platform serving real estate and infrastructure developers.
  • The platform deals with products like ready-mix concrete, steel, cement, and construction chemicals.
  • The story will be updated soon.

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