Mumbai-based construction materials provider Arisinfra Solutions' initial public offering (IPO) received a moderate response on the second day of the public subscription. The public issue was booked 1.32 times as of the second day of the bidding rounds on Thursday, 19 June 2025.
through a book-built issue is offering an entirely fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the company aims to raise nearly ₹499.60 crore from the stock markets.
Out of the three investor segments, the retail investor portion was subscribed the most. Investors oversubscribed three times with a total of 71,30,140 or 71.30 lakh bids, compared to the 23,79,028 or 23.79 shares on offer.
The Non-Institutional Investors (NIIs) came in second with 1.39 times subscription as investors booked a total of 49,46,878 or 49.46 lakh equity shares, compared to the 35,68,542 or 35.68 lakh shares on offer.
-
SIT questions former SIB chief on Telangana phone tapping case on June 19
-
Indian Money In Swiss Banks Triples To Rs 37,600 Crore In 2024, Highest Since 2021: SNB Data
-
Neem Karoli Baba is not called the incarnation of Hanumanji, this is his 3 big miracles
-
Apple’s back to school offer goes live in India: Get airpods, magic keyboard for free on Purchasing … | Technology news
-
ISL: The future of Indian Super League is in danger, this decision of AIFF stirred the Indian football world
