Arisinfra Solutions Shares List at 8% Discount over IPO Price

ArisInfra Solutions shares nosedive 17% from IPO price after listing at discount - GAGA INDIA

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ArisInfra Shares List At 8% Discount Over IPO Price

Shares of B2B ecommerce company ArisInfra Solutions made their stock market debut today, listing at INR 205 on the NSE, a 7.65% discount over its IPO price. On the BSE, ArisInfra’s stock debuted at INR 209, a 5.81% discount over its issue price. ArisInfra’s INR 499.6 Cr IPO had an issue price of INR 222, which opened for public subscription on June 18 and concluded on June 20, was oversubscribed 2.65X, with the issue receiving bids for 3.47 Cr s…

Arisinfra Solutions shares list at 8% discount over IPO price

Arisinfra Solutions shares listed with a discount, despite a Rs 499.60 crore IPO. The IPO saw modest subscription rates across retail, QIB, and NII categories. While the company reported losses until FY24, recent financials show a profit of Rs 6.53 crore, potentially driving post-listing interest.

Arisinfra Solutions Shares Debut At 8% Discount Over IPO Price

Arisinfra Solutions Ltd. shares listed on the National Stock Exchange on Wednesday at Rs 205 apiece, a discount of 7% over its issue price of Rs 222 apiece.On the BSE, the stock debuted at Rs 209.10, a 5.18% discount.The Rs 499.6-crore initial public offering was subscribed 2.56 times on its third and final day. The bids were led by retail investors (5.59 times), followed by non-institutional investors (3.14 times), and qualified institutional i…