ArisInfra Solutions, listed recently on NSE and BSE under the ticker ARISINFRA, has captured attention as a tech-enabled B2B procurement platform specializing in construction materials. Its IPO, open from June 18 to 20, 2025, raised ₹499.60 crore entirely through a fresh issue of 2.25 crore shares in the price band of ₹210–₹222. 

Investor response grew over the subscription period: by Day 3, the issue was oversubscribed 1.61×, with retail category participation hitting ~3.71×, though Qualified Institutional Buyer (QIB) interest remained modest. The grey market premium (GMP) also reflected initial optimism — quoting ₹13 on the final day, hinting at possible listing gains above the upper band.

However, fundamentals raise caution. Between FY22 and FY24, ArisInfra posted net losses, with a three-year average ROE around –10%. Its business model hinges heavily on an unorganised, fragmented construction materials market — offering an opportunity, but also exposing it to logistical, vendor-reliance, and margin risks.

As ARISINFRA begins its trading journey, investors will closely watch how execution, scale, and market dynamics shape its performance beyond the IPO buzz.