India, June 12 -- Nearly seven months after receiving the SEBI's greenlight, B2B ecommerce company ArisInfra has filed its red herring prospectus (RHP) to raise about INR 500 Cr from its initial public offering.

The company's IPO will consist solely of a fresh issue component via which it will be raising INR 499.6 Cr. The PharmEasy-backed company had filed its draft red herring prospectus (DRHP) in August 2024 to raise INR 600 Cr via the IPO. Subsequently, the company reduced its issue size from INR 600 Cr to INR 579.6 Cr just prior to receiving the markets regulator's approval.

The company also raised INR 80 Cr in a pre-IPO placement round earlier this year when it issued over 36 Lakh equity shares for INR 222 apiece to investors, incl...