Arisinfra Solutions Shares Tumble on Listing Day — What Went Wrong?

June 25, 2025: Arisinfra Solutions made its debut on the stock exchanges today, June 25, but left investors disappointed as the stock listed at a discount. On the BSE, the shares opened at ₹209.10, down nearly 6% from the issue price of ₹222 per share. The listing on the NSE was even weaker, with the stock debuting at ₹205.

Following the listing, the stock continued to trade lower and was last seen at ₹206.25 on the BSE, reflecting subdued investor sentiment.

IPO Subscription Highlights

• Overall Subscription: 2.65 times
• Retail Investors: 5.59 times
• Non-Institutional Investors (NII): 3.14 times
• Qualified Institutional Buyers (QIB): 1.42 times
• Total bids received: Over 3.46 crore shares
• Shares on offer: 1.3 crore

IPO Details

• Issue Period: June 18 to June 20
• Issue Size: ₹499.60 crore
• Fresh Issue: 2.25 crore shares
• Offer for Sale (OFS): None
• Use of Proceeds:
  • Working capital requirements
  • Investment in subsidiary Buildmax Infra
  • Debt repayment
  • General corporate purposes

About Arisinfra Solutions

Founded in 2021, Arisinfra Solutions Limited is a B2B tech company that offers a modern digital platform for construction and infrastructure companies. The platform simplifies procurement of materials and helps businesses manage their finances more efficiently. The company operates in the fast-growing construction materials segment and aims to scale operations through its subsidiary, Buildmax Infra.

What This Means for Investors

Despite receiving healthy subscription numbers, Arisinfra’s listing has fallen short of expectations. Investors who were hoping for strong listing gains now face short-term losses. However, long-term prospects will depend on the company’s ability to deliver growth, improve margins, and expand in a competitive infrastructure-tech space.