Arisinfra Solutions Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Arisinfra Solutions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹222
Per ShareLot Size
67 Shares
Minimum Investment
₹14,874
Issue Size
₹499.6 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Arisinfra Solutions Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
51.67%
Promoter Holding (Post-Issue)
37.93%
Issue Type
Book Building
ISIN
INE0H9P01028
About the Company
We are a B2B technology-enabled company, focusing on simplifying and digitizing the procurement process for construction materials. We leverage our network of vendors to source construction materials and provide these to developers and contractors engaged in the development of real estate and infrastructure projects. Between April 1, 2021 and March 31, 2024, we have delivered 10.35 million metric tonnes of construction materials, including aggregates, ready-mix concrete, steel, cement, construction chemicals and walling solutions, utilizing 1,458 vendors and serving 2,133 customers across 963 pin codes in various cities, including Mumbai (Maharashtra), Bengaluru (Karnataka) and Chennai (Tamil Nadu).
Industry Overview
The Indian construction materials market is highly unorganized and fragmented, creating numerous challenges for both vendors and customers. The infrastructure construction B2B market in India was approximately USD 100 billion to USD 110 billion in 2023 and is expected to grow at a CAGR of 10% to 12% to USD 170 to USD 195 billion in 2028 whereas the B2B real estate construction market is estimated to be approximately USD 165 to USD 175 billion in 2023, growing at a CAGR of 6% to 8% to reach USD 230 billion to USD 250 billion by 2028.
Company History
Arisinfra Solutions Limited was originally incorporated as a private limited company under the name of "Arisinfra Solutions Private Limited" on February 10, 2021, under the Companies Act, 2013, registered with the RoC, pursuant to a certificate of incorporation dated February 11, 2021, issued by the Registrar of Companies, Central Registration Centre. Thereafter, the Company was converted into a public limited company pursuant to a resolution passed by its Board at its meeting held on May 31, 2024 and a special resolution passed by its Shareholders at their extraordinary general meeting held on May 31, 2024, and the name of the Company was changed to "Arisinfra Solutions Limited", and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued by the Registrar of Companies, Central Processing Centre on July 29, 2024.
Products & Services
- The Company is a B2B technology-enabled company, focusing on simplifying and digitizing the procurement process for construction materials.
Growth Strategy
- Optimize the mix of construction materials sold to improve its margins.
- Form strategic partnerships to strengthen its supply chain and expand its portfolio of third-party manufactured construction materials
- Form strategic partnerships to increase its demand side growth and grow its revenues.
- Enhance working capital efficiency to support sustainable growth.
- Enhance market penetration and increase wallet share with existing customers.
- Continue to leverage technology to further optimize its operations and improve user experience.
Customer Base
wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of up to 22,504,324 equity shares of face value of Rs. 2/- each ("Equity Shares") of Arisinfra Solutions Limited (the "Company" or the "Issuer") for cash at a price of Rs. 222/- per equity share (including a share premium of Rs. 220/- per equity share) ("Issue Price") aggregating up to Rs. 499.60 crores (the "Issue"). The issue shall constitute 27.77% of the post-issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Leveraging technology to transform the supply chain for construction materials.
- Well-positioned to capitalize on significant market opportunities.
- Our growing third-party manufactured construction materials.
- Network effects ensuring long-term strategic benefits.
- Tech enabled comprehensive credit risk analysis framework for operational efficiency.
- The company derives a significant portion of its revenues from the sale of aggregates, ready-mix-concrete ("RMC"), and steel, which represented 31.19%, 21.12% and 16.13%, respectively, of its revenue from operations for Fiscal 2024. Any decline in the demand of these construction materials would have an adverse effect on its business, financial condition, results of operations and cash flows.
- The company derives a substantial portion of its revenues from the states of Maharashtra, Karnataka and Tamil Nadu, which accounted for 81.05%, 85.04% and 92.15% of its revenue from operations for Fiscal 2024, Fiscal 2023 and Fiscal 2022, respectively. Consequently, any unfavourable developments in these states could adversely affect its business, results of operations, financial condition and cash flows.
- The company depends on certain key customers for a significant portion of its revenues. Its top 10 customers contributed 45.24%, 39.07% and 47.19% of its revenue from operations for Fiscal 2024, Fiscal 2023 and Fiscal 2022, respectively. The company does not execute long-term agreements with its customers and the company inability to procure new orders on a regular basis or at all or any decrease in revenues from any of its key customers or any loss of any of these customers or its inability to diversify the company customer base could have an adverse effect on its business, results of operations, financial condition and cash flows.
- The company has incurred losses in the past and its may continue to incur losses in the future.
- Delays or defaults in payment by the customers or a reduction in credit periods granted to us by the vendors could adversely affect our business, results of operations, financial condition and cash flows.