India, June 25 -- After listing at a discount to its IPO price, shares of B2B construction marketplace ArisInfra Solutions witnessed a bearish sentiment throughout the first trading session.
The company's shares ended today's trading session at INR 174.10 on the BSE, down 21.6% from the issue price of INR 222. The company's market capitalisation stood at $164 Mn (about INR 1,411.1 Cr) at the end of the day as against IPO valuation of $209 Mn.
The stock's closing price was also 16.7% lower than its opening price of INR 209.10 on the BSE. The stock ended at INR 173.9 on the NSE today, down 21.7% from the issue price and 15.2% from the listing price of INR 205.
Overall, 19.3 Lakh equity shares of the company changed hands on the BSE on th...
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