The shares of this recently listed firm, which supplies construction materials to real estate and infrastructure developers and contractors, are currently in the spotlight with a positive movement of 6% after securing a Rs. 100 crore development management contract in Bangalore.
With market capitalization of Rs.1334 cr, the shares of Arisinfra Solutions Ltd were currently trading at Rs. 167.72 per share with 4.77% upward from its previous close of Rs. 160.08, it registered today’s high of Rs. 171.30 per share.
ArisUnitern RE Solutions Pvt. Ltd., a subsidiary of Arisinfra Solutions Ltd., has secured a major contract from Village Wave Pvt. Ltd. for a comprehensive development management project in Bangalore. The Rs. 100 crore project spans approximately 21.9 acres at Shingadi Kadirenahalli Village and involves end-to-end services including material supply, project management, sales and marketing, and lender coordination.
The contract, effective from July 3, 2025, will be executed over a 48-month period. The agreement marks a significant milestone for Arisinfra as it continues to strengthen its footprint in the real estate services sector. The project is entirely domestic and does not involve any related party transactions.
Arisinfra Solutions Limited offers a diverse range of construction materials including steel products (GI pipes, MS wire, TMT bars), aggregates (soil, sand), cement (OPC bulk and bags), walling solutions (wall putty, solid and AAC blocks), and standard Ready Mix Concrete, serving as a one-stop supplier for real estate and infrastructure projects.
The shares of the company were listed on NSE and BSE recently, followed by a recent IPO with an issue size of ~Rs. 500 Crores open for application from June 18-20, and the shares were listed on June 25th at Rs. 205 on NSE.
Financials of the company
For the financial year ended March 31, 2024, Arisinfra Solutions Ltd reported a total income of Rs. 7,023.56 million, slightly lower than the previous year’s Rs. 7,544.39 million. On the expense front, the company incurred Rs. 7,191.95 million, compared to Rs. 7,726.75 million in FY23.
Despite efforts to manage expenses, Arisinfra posted a pre-tax loss of Rs. 168.39 million, narrowing slightly from the Rs. 182.36 million loss in FY23. After accounting for taxes, the net loss for the year stood at Rs. 172.98 million, compared to Rs. 153.92 million in the previous year.
Written by Manideep Appana
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