{"id":496412,"date":"2025-01-23T15:54:04","date_gmt":"2025-01-23T10:24:04","guid":{"rendered":"https:\/\/inc42.com\/?p=496412"},"modified":"2025-01-23T15:57:36","modified_gmt":"2025-01-23T10:27:36","slug":"arisinfra-raises-inr-80-cr-via-pre-ipo-placement","status":"publish","type":"post","link":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/","title":{"rendered":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement"},"content":{"rendered":"

B2B ecommerce platform ArisInfra Solutions has undertaken a pre-IPO placement to raise INR 80 Cr <\/span>(INR 800.04 Mn) <\/span>by issuing 36.03 Lakh equity shares for INR 222 per share.\u00a0<\/span><\/p>\n

The shares are issued at a premium of INR 220 against the face value of INR 2.\u00a0<\/span><\/p>\n

The decision was made following the resolutions of the board and shareholders on January 17, 2025.\u00a0<\/span><\/p>\n

In its notice to investors as accessed by Inc42, the company informed, \u201cA pre-IPO placement was undertaken by ArisInfra, in consultation with the BRLMs, for an amount aggregating to INR 800.04 Mn. Pursuant to the resolutions of the Board and the Shareholders, each dated January 17, 2025, the company approved the pre-IPO placement of 36,03,792 equity shares for cash at a price of INR 222 per equity share aggregating to INR 800.04 Mn.\u201d<\/span><\/p>\n

The top individuals or entities receiving the highest number of equity shares in the pre-IPO placement are <\/span>Columbus Fin Vest\u2019s director <\/span>Vanaja Sundar Iyer, <\/span>Param Capital Group\u2019s founder<\/span> Mukul Mahavir Agrawal, <\/span>\u00a0Bagdia Petrochem\u2019s<\/span> Rishabh Bharatbhai Bagdia with cash considerations worth 16 Cr, 9.9 Cr and 7.2 Cr, respectively.\u00a0<\/span><\/p>\n

Besides this, the company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement on January 16.\u00a0<\/span><\/p>\n

A pre-IPO placement is a private sale of shares conducted before a company goes public.\u00a0<\/span><\/p>\n

The development comes<\/span> two months after SEBI green lit its initial public offering (IPO) of INR 579.60 Cr.<\/span><\/a> With this pre-IPO placement, the size of the fresh issue in the IPO will reduce to around INR 500 Cr.\u00a0<\/span><\/p>\n

In November, the company already cut the size of the fresh issue in the IPO to INR 579.60 Cr from INR 600 Cr earlier.<\/span><\/p>\n

ArisInfra\u2019s IPO will consist solely of a fresh issue of shares, with no offer-for-sale component. The book running lead managers for the IPO are JM Financial, IIFL Capital and Nuvama.\u00a0<\/span><\/p>\n

The proceeds from the IPO will be allocated to repay outstanding borrowings, fund working capital requirements, invest in subsidiary Buildmex-Infra Pvt Ltd, among others.\u00a0<\/span><\/p>\n

Founded in 2021 by Ronak Morbia and Bhavik Khara, ArisInfra uses AI and machine learning to simplify construction material procurement. The startup delivers the products from the manufacturers of raw materials to businesses through its online platform. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

B2B ecommerce platform ArisInfra Solutions has undertaken a pre-IPO placement to raise INR 80 Cr (INR 800.04 Mn) by issuing…<\/p>\n","protected":false},"author":73451,"featured_media":475544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"title":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement","image":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png","author_url":"https:\/\/inc42.com\/author\/bhupendra-paintola\/","author_name":"Bhupendra Paintola","category":"News","tags":"Internet","twitter":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","facebook":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","linkedin":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","push_notification":"","newsletter_snippets":""},"categories":[15],"tags":[2479],"structure_data":{"company_type":"Late Stage Startup","author_name":"Bhupendra Paintola","parent_category":"News","second_category":null,"development_type":"Business Updates","post_story_type":"Others","shelf_life":"3 Days","primary_company":"tbd","second_company":null,"primary_industry":null,"series":null,"bucket":"","sub_bucket":""},"acf":{"twitter":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","facebook":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","linkedin":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","push_notification":"","newsletter_snippets":"","sentiment__tonality":"Positive","dh_short_body":"","dh_short_cta":"Tap To Learn More","dh_image":""},"yoast_head":"\nArisInfra Raises INR 80 Cr Via Pre-IPO Placement<\/title>\n<meta name=\"description\" content=\"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement\" \/>\n<meta property=\"og:description\" content=\"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement\" \/>\n<meta property=\"og:url\" content=\"https:\/\/inc42.com\/wp-json\/wp\/v2\/posts\/496412\/\" \/>\n<meta property=\"og:site_name\" content=\"Inc42 Media\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/Inc42\" \/>\n<meta property=\"og:image\" content=\"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1360\" \/>\n\t<meta property=\"og:image:height\" content=\"1020\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bhupendra Paintola\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement\" \/>\n<meta name=\"twitter:creator\" content=\"@Inc42\" \/>\n<meta name=\"twitter:site\" content=\"@Inc42\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhupendra Paintola\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement","description":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/","og_locale":"en_US","og_type":"article","og_title":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement","og_description":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","og_url":"https:\/\/inc42.com\/wp-json\/wp\/v2\/posts\/496412\/","og_site_name":"Inc42 Media","article_publisher":"https:\/\/facebook.com\/Inc42","og_image":[{"width":1360,"height":1020,"url":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png","type":"image\/png"}],"author":"Bhupendra Paintola","twitter_card":"summary_large_image","twitter_title":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement","twitter_creator":"@Inc42","twitter_site":"@Inc42","twitter_misc":{"Written by":"Bhupendra Paintola","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/#article","isPartOf":{"@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/"},"author":{"name":"Bhupendra Paintola","@id":"https:\/\/inc42.com\/#\/schema\/person\/ab8f8729a23467c84299123906df9c60"},"headline":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement","datePublished":"2025-01-23T10:24:04+00:00","dateModified":"2025-01-23T10:27:36+00:00","mainEntityOfPage":{"@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/"},"wordCount":364,"publisher":{"@id":"https:\/\/inc42.com\/#organization"},"image":{"@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/#primaryimage"},"thumbnailUrl":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png","keywords":["Internet"],"articleSection":["News"],"inLanguage":"en","copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/inc42.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/","url":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/","name":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement","isPartOf":{"@id":"https:\/\/inc42.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/#primaryimage"},"image":{"@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/#primaryimage"},"thumbnailUrl":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png","datePublished":"2025-01-23T10:24:04+00:00","dateModified":"2025-01-23T10:27:36+00:00","description":"The company also announced that it entered into a share purchase agreement with certain investors regarding the pre-IPO placement","breadcrumb":{"@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/#primaryimage","url":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png","contentUrl":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png","width":1360,"height":1020,"caption":"ArisInfra"},{"@type":"BreadcrumbList","@id":"https:\/\/inc42.com\/buzz\/arisinfra-raises-inr-80-cr-via-pre-ipo-placement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/inc42.com\/"},{"@type":"ListItem","position":2,"name":"ArisInfra Raises INR 80 Cr Via Pre-IPO Placement"}]},{"@type":"WebSite","@id":"https:\/\/inc42.com\/#website","url":"https:\/\/inc42.com\/","name":"Inc42 Media","description":"India\u2019s #1 Startup Media & Intelligence Platform","publisher":{"@id":"https:\/\/inc42.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/inc42.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/inc42.com\/#organization","name":"Inc42 Media","url":"https:\/\/inc42.com\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/inc42.com\/#\/schema\/logo\/image\/","url":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2017\/03\/inc42-amp-logo.png","contentUrl":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2017\/03\/inc42-amp-logo.png","width":120,"height":36,"caption":"Inc42 Media"},"image":{"@id":"https:\/\/inc42.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/Inc42","https:\/\/x.com\/Inc42","https:\/\/www.instagram.com\/inc42.media\/","http:\/\/linkedin.com\/company\/inc42","https:\/\/www.youtube.com\/user\/inc42tv"],"description":"Inc42 is India\u2019s #1 startup media & intelligence platform that informs, educates and empowers startup & business leaders through its incisive reporting, insightful reports, curated events & communities, and industry-leading executive courses & programs. Since launching in January 2015, and having risen to become the authoritative voice on India\u2019s startup economy, we've moved markets, gotten the early scoop on billions of dollars of transactions and told you what's happening deep inside some of the fastest growing startups & industries alike. Our stories have been followed by the Wall Street Journal, Bloomberg, Reuters, TechCrunch and other major outlets hundreds of times. We also track over 50,000+ startups and provide market research and intelligence through our in-depth research reports, and we organise some of the most sought-after conferences and events for startup & business leaders across India. In 2020, we introduced Inc42 Plus, our exclusive membership program tailored for startup & business leaders, amassing over 10,000 members in record time. Apart from our sharp reporting & insightful research, through Inc42 BrandLabs, we partner with enterprises & brands to help them create branded content & experiences and reach our audience of decision makers.","legalName":"Ideope Media Private Limited","foundingDate":"2014-11-21","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"},"publishingPrinciples":"https:\/\/inc42.com\/ethics\/","ownershipFundingInfo":"https:\/\/inc42.com\/ethics\/","correctionsPolicy":"https:\/\/inc42.com\/ethics\/","ethicsPolicy":"https:\/\/inc42.com\/ethics\/"},{"@type":"Person","@id":"https:\/\/inc42.com\/#\/schema\/person\/ab8f8729a23467c84299123906df9c60","name":"Bhupendra Paintola","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/inc42.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/606c08d06e127a558d4de38f3bd17272?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/606c08d06e127a558d4de38f3bd17272?s=96&d=mm&r=g","caption":"Bhupendra Paintola"},"description":"I am Bhupendra Paintola, a journalist currently writing for Inc42. I have interest in startup business and tech reporting.","url":"https:\/\/inc42.com\/author\/bhupendra-paintola\/"}]}},"featured_image_link":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2024\/08\/ArisInfra-ftr.png","post_category":"News","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/posts\/496412"}],"collection":[{"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/users\/73451"}],"replies":[{"embeddable":true,"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/comments?post=496412"}],"version-history":[{"count":4,"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/posts\/496412\/revisions"}],"predecessor-version":[{"id":496416,"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/posts\/496412\/revisions\/496416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/media\/475544"}],"wp:attachment":[{"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/media?parent=496412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/categories?post=496412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inc42.com\/wp-json\/wp\/v2\/tags?post=496412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}