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

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. The IPO size was later reduced to INR 579.6 Cr.

The company also raised INR 80 Cr in a pre-IPO placement round earlier this year. It issued over 36 Lakh equity shares for INR 222 apiece to investors, including Columbus Fin Vest's director Vanaja Sundar Iyer and Param Capital Group's founder Mukul Mahavir A...