Arisinfra Solutions Reports No Deviation in IPO Proceeds Utilization for Quarter Ended September 2025
Arisinfra Solutions Limited has fully complied with its IPO fund utilization plan for Q2 FY26, as confirmed by ICRA Limited. The company raised ₹579.60 crore through IPO and pre-IPO placement, allocating funds to repay borrowings, meet working capital needs, invest in a subsidiary, and for general corporate purposes. In Q2 FY26, Arisinfra utilized ₹248.84 crore from IPO proceeds and ₹16.63 crore from pre-IPO funds. Unutilized funds are in term deposits. Q2 FY26 financials show revenue growth of 37% YoY to ₹242.5 Cr, EBITDA up 50% YoY, and PAT increasing 12% QoQ. Operational metrics improved with increased daily dispatches, customer base, and vendor network. Management expressed confidence in the company's growth trajectory and readiness to scale further.

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Arisinfra Solutions Limited , a leading player in the construction materials sector, has reported full compliance with its IPO fund utilization plan for the quarter ended September 30, 2025. The company's monitoring agency, ICRA Limited, confirmed that there were no deviations from the disclosed objectives of the IPO issue.
IPO Proceeds and Allocation
Arisinfra Solutions raised a total of ₹579.60 crore through its initial public offering (IPO) and pre-IPO placement. The breakdown is as follows:
| Source | Amount (₹ in crore) |
|---|---|
| IPO (June 18-20, 2025) | 499.60 |
| Pre-IPO Placement | 80.00 |
| Total | 579.60 |
The IPO proceeds were allocated to various objectives:
| Objective | Amount (₹ in crore) |
|---|---|
| Repayment of borrowings | 204.60 |
| Working capital requirements | 177.00 |
| Investment in subsidiary Buildmex-Infra Private Limited | 48.00 |
| General corporate purposes | 31.84 |
Fund Utilization
During the quarter, Arisinfra Solutions utilized:
- ₹248.84 crore from IPO proceeds
- ₹16.63 crore from Pre-IPO proceeds
Unutilized Funds
The company reported unutilized funds as follows:
- ₹37.30 crore from IPO proceeds
- ₹13.86 crore from Pre-IPO proceeds
These unutilized funds have been deployed in term deposits with Axis Bank, earning returns of 5.75-5.80%.
Compliance and Approvals
ICRA Limited, the monitoring agency, confirmed that:
- All utilization was in line with the offer document disclosures.
- No major deviations were observed.
- All required approvals were obtained.
Q2 FY26 Financial Highlights
In addition to the IPO proceeds report, Arisinfra Solutions also released its Q2 FY26 financial results:
| Metric | Q2 FY26 | YoY Change |
|---|---|---|
| Revenue | ₹242.5 Cr | +37% |
| EBITDA | ₹22.5 Cr | +50% |
| PAT | ₹15.3 Cr | +12% QoQ |
| EBITDA Margin | 9.34% | +83 Bps |
The company reported strong growth across all segments, with improved working capital management contributing to its best quarterly performance to date.
Operational Metrics
Arisinfra Solutions also shared key operational highlights:
- Daily dispatches increased to 792, up 30% YoY
- Customer base grew to 2,982, a 17% YoY increase
- Vendor network expanded to 2,003, up 22% YoY
Management Commentary
Ronak Kishor Morbia, Chairman and Managing Director, stated, "Our Q2 FY26 performance reflects the growing strength and maturity of our operating model. We delivered consistent growth across both Contract Manufacturing and Services, with visible improvement in working capital efficiency and profitability."
He added, "With an integrated order book of nearly ₹850 crore and growing visibility across our development management and supply verticals, we enter the second half of FY26 with strong momentum and readiness to scale further."
The company's focus on technology advantage, financial prudence, and strategic partnerships underscores its commitment to sustainable growth in India's evolving infrastructure and real estate ecosystem.
Historical Stock Returns for Arisinfra Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.32% | -6.38% | -18.58% | -23.65% | -23.65% | -23.65% |
















































