Arisinfra Solutions Limited IPO

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The Company is a technology-driven B2B company operating in India’s fast-growing construction materials market, focused on revolutionizing and digitizing the end-to-end procurement process. Their goal is to offer a seamless, efficient, and transparent experience for real estate and infrastructure developers by leveraging technology and human expertise.

Their platform simplifies bulk procurement of a wide range of construction materials—such as aggregates, ready-mix concrete (RMC), steel, cement, construction chemicals, and walling solutions—by acting as a one-stop solution for all material requirements. They have successfully created a scalable and robust supply chain network, streamlining procurement for clients and reducing dependency on traditional, fragmented supply chains.

Market Opportunity

India’s construction materials market remains highly unorganized and fragmented, with limited presence of large organized players. This results in inefficiencies, inconsistent pricing, and procurement challenges. They are positioned to disrupt this traditional model by minimizing intermediaries, enhancing transparency, and bringing cost efficiencies to the ecosystem.

Clientele and Credibility

They are trusted by some of India’s most respected real estate and infrastructure developers, including:
i. Capacit’e Infraprojects Limited                                              ii. J Kumar Infraprojects Limited
iii. Afcons Infrastructure Limited                                              iv. EMS Limited
v. S P Singla Constructions Private Limited                            vi. Wadhwa Group Holdings Private Limited
vii. Casa Grande Civil Engineering Private Limited               viii. Sheth Creators Private Limited
ix. Puranik Builders Limited                                                        x. Transcon Iconica Private Limited, among others.

Strategic Positioning

Their strategic positioning as a cost-efficient, tech-enabled alternative to conventional procurement not only enhances margins for developers but also reduces procurement risks and timelines. As the construction industry evolves, their scalable and agile model is well-positioned to capture significant market share in the years ahead.

Objects of the Arisinfra Solutions Limited IPO:

The Company proposes to utilise the Net Proceeds towards the following objects: i. Repayment/prepayment, in full or part, of certain outstanding borrowings availed by the Company; ii. Funding the working capital requirements of the Company; iii. Investment in the Subsidiary, Buildme Infra Private Limited (“Buildmex”), for funding its working capital requirements; iv. Purchase of partial shareholding from existing shareholders of the Subsidiary, ArisUnitern Re Solutions Private Limited (formerly ArisUnitern Private Limited)and v. General corporate purposes and unidentified inorganic acquisitions.

Arisinfra Solutions Limited IPO Details:

Total Shares: 2,85,71,428
Face Value: ₹ 2 Per Equity Share
Listing At: NSE,BSE

Promoters And Management:

Ronak Kishor Morbia, Chairman and Managing Director of the Company, holds a bachelor's degree in commerce from Jai Hind College, University of Mumbai. With over 13 years of experience in the construction materials industry, including over 10 years at Krish Enterprise, he plays a key role in driving the company's technology and business strategy since its inception. Bhavik Jayesh Khara is the Whole Time Director of the Company. He holds a bachelor’s degree in science from Rutgers Business School, USA, and has previously worked with Ernst & Young, New York for over two years. With 6+ years of experience in tax accounting and the construction materials industry, he oversees the Company’s day-to-day operations, financial management, and credit operations since joining on March 8, 2021. Manish Kumar Singh is the Non-Executive Director (Nominee of Siddhant Partners) of the Company. He holds a bachelor’s degree in commerce from L.N. Tirhat College, Muzaffarpur, and has over 20 years of experience in finance and accounts. He has previously worked with Tulip Lab Pvt. Ltd. and currently serves as a Director at VBuzz Teleservices Pvt. Ltd. He joined the Company on May 31, 2024.

Financials of Arisinfra Solutions Limited IPO:

In Cr.
Particulars March 31, 2024 March 31, 2023 March 31, 2022
Revenue from Operations 696.84 746.07 452.34
Gross Margins 12.01% 8.37% 9.88%
EBITDA 13.01 -0.100 -1.06
EBITDA Margins 1.86 - -
PAT -17.29 -15.39 -6.48
PAT Margins Loss Loss Loss
D/E Ratio 1.45 1.75 0.94
Net working capital days 120 102 166
CFOA 3.45 -14.32 –269.08

Comparison With Peers:

To be updated shortly.

Recommendation on Arisinfra Solutions Limited IPO:

Registrar of Arisinfra Solutions Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Arisinfra Solutions Limited Unit No. G-A-04 to 07, Ground Floor A Wing, Art Guild House, Phoenix Marketcity LBS Marg, Kurla (West), Mumbai 400 070, Phone: 022 - 2611 202 Email: cs@arisinfra.one Website: https://arisinfra.com/

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