Mumbai, June 18 -- The initial public offer of Arisinfra Solutions received bids for 31,78,815 shares as against 1,30,84,656 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (18 June 2025). The issue was subscribed 0.24 times.

The issue opened for bidding on 18 June 2025 and it will close on 20 June 2025. The price band of the IPO is fixed between Rs 210 and 222 per share. An investor can bid for a minimum of 67 equity shares and in multiples thereof.

The IPO includes a new issue of equity shares valued at Rs 499.6 crore. Of the proceeds, Rs 204.6 crore will go toward repaying some borrowings or prepaying borrowings. Rs 177 crore will be used to support working capital needs, while the rest will cover general ...