AZB & Partners recently advised and represented Arisinfra Solutions Limited ("Arisinfra") on its initial public offering of equity shares ("IPO"), which was undertaken by way of a fresh issue, aggregating to INR 4,995.96 million.
Arisinfra is a business-to-business technology-enabled company, operating in a growing construction materials market, focusing on simplifying and digitizing the entire procurement process for construction materials, delivering an efficient end-to-end procurement experience.
The book running lead managers to the IPO were JM Financial Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), and Nuvama Wealth Management Limited.
The deal team comprised our senior partners, Varoon Chandra and Lionel D'Almeida; and our associates, Tanaiy Tewari, Arika Gupta, Yagnesh Sharma and Saket Pathak.