19/11/2024, 9:07:03 am

ArisInfra Solutions receives Sebi's approval to raise Rs 600 crore via IPO

ArisInfra Solutions Ltd has received Sebi's approval to raise Rs 600 crore through an initial public offering (IPO), consisting entirely of a fresh issue of equity shares with no offer-for-sale component. The company plans to utilize the IPO proceeds for working capital, investments in a subsidiary, loan repayment, and general corporate purposes.