Arisinfra Solutions Ltd.
Industry:
Cement & Construction Materials
Issue Details
Open Date
Close Date
Size (in Crs.)
-
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
0Lot Size
-
Type
Book building
Face Value
2
Market Lot
1
Objective of the Issue
1. Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company;2. Funding the working capital requirements of our Company;3. Investment in our Subsidiary, Buildmex-Infra Private Limited (“Buildmex”), for funding its working capital requirements;4. Purchase of partial shareholding from existing shareholders of our Subsidiary, ArisUnitern Re Solutions Private Limited (formerly ArisUnitern Private Limited); and5. General corporate purposes and unidentified inorganic acquisitions.
Description
We are a business-to-business (“B2B”) technology-enabled company operating in a growing construction materials market (Source: RedSeer Report), focusing on simplifying and digitizing the entire procurement process for construction materials, delivering an efficient end-to-end procurement experience. We utilize a blend of technology and human expertise to simplify the procurement process for purchasing bulk quantities of various construction materials. We leverage our extensive network of vendors to source cons... Show More
Address
Unit No. G- A-04 To 07, Ground Floor – A Wing , Art Guild House, Phoenix Marketcity , L B S Marg, Kurla (West)
Mumbai
400070
Promoter Holding
Promoters:
Aspire Family Trust, Bhaskar Shah, Bhavik Jayesh Khara, Jasmine Bhaskar Shah, Priyanka Bhaskar Shah, Priyanka Shah Family Trust, Ronak Kishor Morbia, Siddharth Bhaskar Shah
Total Share Capital
30741960
Offered to Public
-
% Promoter's Holding (Pre-Issue)
55.34
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
30741960
Of above offred to public
-
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
IIFL Securities Ltd., JM Financial Ltd., Nuvama Wealth Management Ltd.
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
-
-
Website
-
Fax
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