India, June 13 -- B2B ecommerce company ArisInfra has set a price band of INR 210 to INR 222 for its IPO, which is set to open on June 18 and close on June 20. At the upper end of the price band, ArisInfra is looking at a post issue implied market cap of INR 1,799 Cr (about $209 Mn).

A lot will have 67 shares for retail investors, 938 shares for non-institutional investors (NIIs) and 4,556 shares for qualified institutional investors (QIBs). While 75% of the total offer will be reserved for QIBs, NIIs and retail investor portions have been restricted to 15% and 10%, respectively. Bidding for anchor investors will take place on June 17.

The company's shares are expected to list on the bourses on June 25.

ArisInfra filed its red herring ...