Arisinfra Solutions IPO: Great opportunity to earn money, IPO of Arisinfra Solutions Limited will open on March 20

Arisinfra Solutions IPO: Erisinfra Solutions Limited will open on March 20. Investors will be able to bid till March 25 for this issue. On March 28, the company shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The company wants to raise a total of ₹ 600 crore through this issue. The company will issue 2,85,71,428 new shares in the issue. In this issue, the current investor or promoter of the company will not sell a single shares through offer for sale i.e. OFS.

The minimum and maximum amount can be investment?

Arisinfra Solutions IPO: Erisinfra Solutions has fixed the price band of IPO ₹ 200-₹ 210. Retail investors can bid for minimum one lot i.e. 70 shares. If you apply for 1 lot of IPO's upper price band at ₹ 210, then for this you will have to invest ₹ 14,700.

At the same time, retail investors can apply for a maximum of 13 lots i.e. 910 shares. For this, investors will have to invest ₹ 1,91,100 according to the upper price band.

10% of the issue reserved for retail investors

The company has reserved 75% of the IPO for Qualified Institutional Buyers (QIB). In addition, 10% share is reserved for retail investors and the remaining 15% for non-institutional investors (NII).

Arisinfra Solutions IPO: Arisinfra Solutions was established in 2021

Erisinfra Solutions Limited was established in 2021, which is a B2B company. This company helps construction and infrastructure companies in material procurement and finance management.

The company's customers include Capsite Infrastructures Limited, J Kumar Infrastructs Limited, Facons Infrastructure Limited, EMS Limited, SP Singla Construction Private Limited etc.