Priyanka Tiwari
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Suspense crime, Digital Desk : Investors in the small and medium enterprise (SME) segment have a new opportunity on their radar as infrastructure development firm Arisinfra Solutions is set to launch its Initial Public Offering (IPO). The public issue will open for subscription on Tuesday, June 18, and will close on Thursday, June 20.
The IPO is a fixed price issue, with each share priced at ₹52. For retail investors, the company has set a lot size of 2,000 shares, making the minimum investment amount ₹1,04,000 per lot.
The public issue consists entirely of a fresh issue of 2,330,000 equity shares, aiming to raise a total of ₹12.11 crore. The proceeds from the IPO are intended for the company's growth and operational needs, as there is no Offer for Sale (OFS) component where existing shareholders would sell their stakes.
A key indicator for many investors, the Grey Market Premium (GMP), is currently active for Arisinfra Solutions. As of the latest reports, the GMP stands at ₹4 per share. This suggests that the shares are trading at ₹56 (₹52 issue price + ₹4 GMP) in the unofficial grey market, implying a potential listing gain of approximately 7.7%. However, it's important to note that GMP is not an official indicator and can change rapidly.
For those participating, the share allotment is expected to be finalized on Friday, June 21. Refunds for unsuccessful applicants and the crediting of shares to the demat accounts of successful allottees are scheduled for Monday, June 24. The company is slated to make its stock market debut on the NSE Emerge platform on Tuesday, June 25.
Arisinfra Solutions operates in the infrastructure development sector with a focus on providing integrated freight services across marine, railway, and surface transport. The IPO is being managed by Beeline Capital Advisors Pvt Ltd, with Kfin Technologies Ltd serving as the registrar.
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