Arisinfra Solutions IPO allotment status is scheduled to be finalised on Monday, June 23, following the closure of the subscription window.
The mainboard issue closed with a decent demand on the last day of bidding on Friday, June 20. Arisinfra Solutions IPO saw an overall subscription of 2.56 times, as per the NSE data.
The Qualified Institutional Buyers (QIBs) booked their category 1.42 times, while the Non-Institutional Investors (NIIs) subscribed their quota 3.14 times. The retail portion of the IPO was booked 5.59 times.
The company is scheduled to process refunds and initiate the transfer of shares to the Demat accounts on June 24. The IPO listing date has been tentatively fixed as June 25. Shares of Arisinfra Solutions Ltd. will be listed on the NSE and BSE.
The allotment status for the Arisinfra Solutions IPO can be checked on the websites of BSE, NSE and the issue registrar, MUFG Intime India.
Steps to Check Arisinfra Solutions IPO Allotment Status On MUFG Intime India
Visit the IPO allotment page on the issue registrar's official website, here.
Select “Arisinfra Solutions Ltd” from the drop-down menu for company names. It's important to note that the company name will only appear after finalisation of the share allotment status.
Choose any of these options: PAN, Application Number, DP/Client ID, or Account No / IFSC.
Enter the details as per your selection.
Click on the “Submit” button to check the details.
Steps To Check Arisinfra Solutions IPO Allotment Status On NSE
Visit the IPO allotment page on the NSE website, here.
Select “Equity & SME IPO bid details”.
Select the company symbol “ARISINFRA” from the dropdown list for issue symbols.
Enter PAN details and Application Number.
Click on the “Submit” button to check the share allotment details.
Steps To Check Arisinfra Solutions IPO Allotment Status On BSE
Go to the official BSE IPO allotment status page: https://www.bseindia.com/investors/appli_check.aspx.
Select the issue type as “Equity”.
Choose “Arisinfra Solutions Limited” from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the “Captcha” for verification.
Click on the “Search” button to view your allotment status.
Arisinfra Solutions IPO GMP Today
The grey market premium (GMP) for Arisinfra Solutions IPO was Rs 0 as of 7:00 a.m. on June 23, according to InvestorGain. The GMP indicates a flat listing for the IPO shares, without any potential gain or loss for the investors.
Note: GMP does not represent official data and is based on speculation.
About Arisinfra Solutions IPO
The book-building issue worth Rs 499.6 crore opened for subscription on June 18. The IPO comprised entirely a fresh issue of 2.25 crore shares.
The price band for the IPO was set between Rs 210 and Rs 222 per share.
The company helps infrastructure companies with the procurement of construction materials. It will utilise the proceeds from the IPO for clearing debt, funding working capital requirements and for general corporate purposes.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
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