After a strong run in India’s primary markets, June welcomes another high-potential listing — ArisInfra Solutions Ltd. The tech-enabled B2B construction materials supplier is set to open its ₹500 crore IPO on June 18, 2025. With a growing footprint across key urban markets and a digital-first approach to procurement, ArisInfra wants to make it easier and more efficient for builders and developers to get large amounts of construction materials. With fast-growing sales and a strong network of suppliers, the company’s IPO is attracting strong interest from both institutional and retail investors.
Let’s explore the key details of the Arisinfra Solutions IPO, the company’s background, financial performance, and the broader market opportunity.
About Arisinfra Solutions Ltd.
Established in 2021, Arisinfra Solutions Ltd. is a tech-enabled B2B platform that digitises the procurement of construction materials such as cement, RMC, steel, aggregates, chemicals, and walling solutions.
Serving real estate and infrastructure developers, it combines technology with expert oversight to optimise supply chains. Between April 2021 and March 2024, Arisinfra delivered over 10.35 million metric tonnes of materials through 1,458 vendors to 2,133 customers across 963 pin codes, including key cities like Mumbai, Bengaluru, and Chennai.
The company also holds a strategic stake in ArisUnitern Re Solutions Pvt. Ltd., which offers advisory, sales, and management services to real estate developers, enhancing Arisinfra’s integrated market presence.
Arisinfra Solutions Ltd. IPO Details
The Arisinfra Solutions IPO aims to raise ₹499.60 crores through a fresh issue of 2,25,04,324 equity shares, with no Offer for Sale. The issue opens on June 18, 2025, and closes on June 20, 2025.
Important IPO Timeline
| Event | Date |
| IPO Open Date | June 18, 2025 |
| IPO Close Date | June 20, 2025 |
| Allotment Date | June 23, 2025 |
| Initiation of Refunds | June 24, 2025 |
| Credit of Shares to Demat | June 24, 2025 |
| Listing Date (Tentative) | June 25, 2025 |
| UPI Mandate Cut-off | 5 PM on June 20, 2025 |
Key IPO Details
Here is the table on the Arisinfra Solutions Ltd. IPO Review:
| Particulars | Details |
| Face Value | ₹2 per share |
| Issue Price Band | ₹210 to ₹222 per share |
| Lot Size | 67 Shares |
| Total Issue Size | 2,25,04,324 shares (aggregating up to ₹499.60 Cr) |
| Fresh Issue | 2,25,04,324 shares (aggregating up to ₹499.60 Cr) |
| Offer for Sale | Nil |
| Issue Type | Bookbuilding IPO |
| Listing at | BSE, NSE |
| Shareholding (Pre-Issue) | 5,85,44,202 shares |
| Shareholding (Post-Issue) | 8,10,48,526 shares |
Lot Size of Arisinfra Solutions Ltd. IPO
Here is the table of lot sizes for each category of investors:
| Application Type | Lots | Shares | Amount (at upper price band) |
| Retail (Min) | 1 | 67 | ₹14,874 |
| Retail (Max) | 13 | 871 | ₹1,93,362 |
| S-HNI (Min) | 14 | 938 | ₹2,08,236 |
| S-HNI (Max) | 67 | 4,489 | ₹9,96,558 |
| B-HNI (Min) | 68 | 4,556 | ₹10,11,432 |
Arisinfra Solutions Ltd. Financials
The IPO values Arisinfra Solutions Ltd.’s market capitalisation at ₹1,799.28 crore at the upper end of the price band. The company has demonstrated notable operational scale and expansion in its network of customers and vendors.
As of March 31, 2024, the company’s financial indicators include:
Key Performance Indicators (as of Mar 31, 2024)
- Return on Net Worth (RoNW): -13.14%
- Debt-to-Equity Ratio: 1.45
- Price-to-Book Value: 8.61
Company Financial Snapshot
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets (₹ Cr) | 586.56 | 493 | 394.95 | 334.22 |
| Revenue (₹ Cr) | 557.76 | 702.36 | 754.44 | 453.77 |
| Profit After Tax (₹ Cr) | 6.53 | -17.3 | -15.39 | -6.49 |
| Net Worth (₹ Cr) | 152.09 | 141.6 | 104.94 | 140.3 |
| Reserves and Surplus
(₹ Cr) |
141.1 | 139.77 | -41.36 | -6.01 |
| Total Borrowing (₹ Cr) | 322.82 | 273.98 | 220.35 | 154.25 |
Arisinfra Solutions Ltd.: Industry Outlook
- India’s construction materials market was valued at USD 235–275 billion in 2024 and is projected to grow at a CAGR of 5–8%, reaching USD 310–360 billion by 2029.
- The industry is highly fragmented, with 80–85% of supply chain players unorganised, resulting in inefficiencies and a lack of transparency.
- Tech-enabled platforms are driving change by offering digital procurement, logistics integration, and data-led decision-making in the B2B materials space.
- With India’s real GDP expected to grow at 6.5% annually (2024–2029), construction demand and digital adoption in procurement are set to accelerate.
- The sector faces risks like economic slowdown, supply chain disruptions, and evolving ESG regulations, alongside growing cybersecurity and competition threats.
Top Upcoming IPOs to Watch (23rd–27th June 2025)
- Kalpataru Ltd IPO
- HDB Financial Services Ltd IPO
- Globe Civil Projects Ltd IPO
- Ellenbarrie Industrial Gases Ltd IPO
- Suntech Infra Solutions Ltd IPO
Use of IPO Proceeds
| Objective | Amount (₹ Cr) |
| Repayment/prepayment of outstanding borrowings | 204.6 |
| Funding the working capital requirements of the Company | 177 |
| Investment in a subsidiary (Buildmex-Infra) for working capital | 48 |
| General Corporate Purposes | Remaining |
Conclusion
Arisinfra Solutions Ltd. emerges as an intriguing player in construction material procurement. Capitalising on B2B digital transformation and India’s infrastructure push, its focus on efficiency and market consolidation is noteworthy. The company’s recent profitability in FY25, coupled with its scalable, asset-light model, makes it a listing to watch. Investors should, however, consider historical losses and the competitive landscape from both traditional and emerging tech platforms. For those eyeing long-term exposure to India’s infrastructure and real estate sectors through a technology-enabled platform, the Arisinfra Solutions IPO could be a strategic bet.