India, June 25 -- Shares of B2B ecommerce company ArisInfra Solutions made their stock market debut today, listing at INR 205 on the NSE, a 7.65% discount over its IPO price.

On the BSE, ArisInfra's stock debuted at INR 209, a 5.81% discount over its issue price.

ArisInfra's INR 499.6 Cr IPO had an issue price of INR 222, which opened for public subscription on June 18 and concluded on June 20, was oversubscribed 2.65X, with the issue receiving bids for 3.47 Cr shares as against 1.31 Cr shares on offer.

Founded in 2021 by Ronak Morbia and Bhavik Khara, ArisInfra is a B2B construction material procurement platform for real estate and infrastructure developers for products like ready-mix concrete, steel, cement, and construction chemical...