Arisinfra Solutions IPO: A month later, stir in mainboard, continuous loss company is bringing issue

Arisinfra Solutions IPO: A month later, stir in mainboard, continuous loss company is bringing issue
Arisinfra Solutions IPO: After more than a month, the mainboard segment ie BSE and NSE is preparing for listing. The IPO of Erisinfra Solutions will open for subscription on 20 March for subscription for subscription. Earlier last month, Quality Power’s Rs 858.70 crore IPO was opened between February 14-18, with shares of BSE and SME on 24 February. Now about a month later, Arisinfra Solutions has started a stir and is also at a premium price in the gray market. However, according to market experts, instead of indications received from the gray market, a decision related to investment should be taken on the basis of the company’s fundamentals and financials. Arisinfra Solutions will be issued Rs 2,85,71,428 new shares under IPO of the detailsarisinfra solutions of Arisinfra Solutions IPO. The price band for this issue is not yet fixed. 75 per cent of the issue is reserved for qualified institutional buyers (QIB), 15 per cent of non-institutional investors (NII) and 10 per cent for retail investors. The allotment of shares under the IPO will be finalized on 26 March. After this, entry on BSE and NSE is planned on 28 March. The registrar of the issue is link innit. IPO money will be used for repaying loans, working capital needs, investing capital needs for working capital needs, investing in it for working capital requirements, increasing some stake in subsidy erisuniturn ri solutions, inoric growth and common corporate objectives. Arisinfra provides modern platforms to easily purchasing materials and managing their finance smartly to Solutions Constructions and Infra companies. Its product portfolio has GI pipe (steel), MS Wire (Steel), MS TMT Bar (Steel), OPC Bulk (Cement) etc. Between 1 April 2021 to 31 March 2024, the company has delivered the construction materials of 1.03 million tonnes in the 963 PIN code of the country including Mumbai, Karnataka and Chennai. Talking about the financial health of the company, it had a net loss of Rs 6.49 crore in FY 2022, which increased to Rs 15.39 crore in the next financial year and the next financial year 2023. Reached on During this time there was ups and downs in the company’s revenue. In FY 2022, the company received a revenue of Rs 453.77 crore, which jumped in FY 2023 to Rs 754.44 crore and in FY 2024 reached Rs 702.36 crore. Grand Continent Hotels IPO: Public issue of ₹ 74 crore will open on March 20

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