ArisInfra Solutions plans Rs 499.6 crore IPO to repay debt and boost working capital
ArisInfra Solutions, a B2B platform for construction materials, is planning an IPO. The company aims to raise ₹499.6 crore. The funds will be used to repay debt and for working capital. Revenue has grown, and the company reported profit recently. However, longer collection times and client concentration are concerns. Investors may consider tracking performance post-listing. | Source: The Economic Times
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