Mumbai-based construction materials provider Arisinfra Solutions' initial public offering (IPO) received a moderate response on the second day of the public subscription. The public issue was booked 1.32 times as of the second day of the bidding rounds on Thursday, 19 June 2025.
through a book-built issue is offering an entirely fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the company aims to raise nearly ₹499.60 crore from the stock markets.
Out of the three investor segments, the retail investor portion was subscribed the most. Investors oversubscribed three times with a total of 71,30,140 or 71.30 lakh bids, compared to the 23,79,028 or 23.79 shares on offer.
The Non-Institutional Investors (NIIs) came in second with 1.39 times subscription as investors booked a total of 49,46,878 or 49.46 lakh equity shares, compared to the 35,68,542 or 35.68 lakh shares on offer.
-
MMRDA Enforces Strict Manpower Policy To Fast-Track Mumbai Metro Projects, ₹1–2 Lakh Daily Fine For Labour Shortfall
-
BPSC Assistant Professor Recruitment: Last date to apply extended till June 30, details here
-
RSSB VDO recruitment 2025: Apply for 850 VDO posts till July 18, details here
-
BBC Breakfast's Naga Munchetty details reason she'll never wear white on-air
-
The new EU rule affecting Brits going on holiday abroad
