Arisinfra Solutions Limited has made an initial public offering of equity share comprising a fresh issue aggregating to ₹499.596 crore. A pre-IPO placement of equity shares for an amount aggregating to ₹80.004 crore was also undertaken as a part of the IPO.
AZB & Partners acted for Arisinfra on this IPO, according to the DRHP.
Khaitan & Co acted as the Indian legal counsel to the Book Running Lead Managers, i.e., JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited on the IPO.
The transaction team consisted of Aditya Cheriyan (Partner), Aparna Bagree (Partner), Ayushi Saumya (Senior Associate), Aayush Virani (Associate), Dhananjay Sreeram (Associate) and Dipsa Prasanth (Associate).
ArisInfra Solutions Limited is a unique tech-enabled company, which is transforming the B2B construction materials ecosystem by minimizing the need for multiple intermediaries involved in the procurement ecosystem.
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