Incorporated in 2021, ArisInfra Solutions Limited is a modern technology-driven platform that helps construction and infrastructure companies procure materials easily and manage their finances smartly. Operating in the expanding construction materials market, ArisInfra focuses on digitizing and simplifying the procurement process, delivering an efficient end-to-end customer experience in the business-to-business (B2B) segment.
The company functions as a technology-enabled B2B platform, connecting construction material suppliers with real estate developers and contractors. It leverages a combination of technology and human expertise to streamline and manage the process of purchasing, selling, and delivering construction materials. ArisInfra utilizes its extensive network of vendors to source a wide range of construction materials and supply them to real estate and infrastructure developers and contractors.
Arisinfra's product portfolio is comprehensive, including essential construction materials such as GI pipe (Steel), MS Wire (Steel), MS TMT Bar (Steel), OPC Bulk (Cement), and more. The company delivers a diverse array of materials, including aggregates, ready-mix concrete, steel, cement, construction chemicals, and walling solutions.
The company has demonstrated significant operational scale in its relatively short history. Between April 1, 2021, and March 31, 2024, Arisinfra delivered 10.35 million metric tonnes of construction materials, utilizing 1,458 vendors and serving 2,133 customers across 963 pin codes in major cities like Mumbai (Maharashtra), Bengaluru (Karnataka), and Chennai (Tamil Nadu). More recent data indicates continued strong growth, with 14.10 million metric tonnes of construction materials delivered between April 2021 and December 2024, with the support of 1,729 vendors and serving 2,659 customers in these key cities.
Arisinfra Solutions boasts a strong client base, including notable names such as Capacit'e Infraprojects Limited, J Kumar Infraprojects Limited, Afcons Infrastructure Limited, EMS Limited, and S P Singla Constructions Private Limited.
Through its subsidiary, ArisUnitern Re Solutions Private Limited (ArisUnitern), the company also offers a diverse range of value-added services. These include advisory and consultancy services, along with marketing and sales support, specifically tailored to meet the needs of real estate developers for their projects.
Based on the company's FY24 financial results, Arisinfra's revenue from operations stood at INR 696.84 Cr, a 6.5% decline year-over-year compared to INR 746.07 Cr in FY23. The consolidated net losses for the B2B e-commerce platform rose 12% to INR 17.33 Cr in FY24 from INR 15.48 Cr in the previous financial year.
Despite the revenue decline, the company achieved a significant milestone in profitability metrics, reaching EBITDA profitability during the year under review. Its EBITDA stood at INR 13.01 Cr in FY24, a notable improvement from an EBITDA loss of INR 10.9 Lakh in the previous year. The EBITDA margin for FY24 was 5.56%.
The company's reported net loss was primarily impacted by certain one-time items, specifically a fair value loss on derivatives of INR 20.55 Cr. Excluding this, Arisinfra would have posted a net profit of INR 3.22 Cr in FY24, indicating underlying operational strength.
* Revenue (FY24): ₹696.84 crores
* Net Loss (FY24): ₹17.33 crores
* EBITDA (FY24): ₹13.01 crores
* EBITDA Margin (FY24): 5.56%
* Market Capitalization: ₹1,323 Crore (as of July 2025)
* Promoter Holding: 37.9%
Arisinfra Solutions made its public debut with its IPO, which was finalized on Monday, June 23, 2025. The shares subsequently got listed on BSE and NSE on June 25, 2025. The IPO price band was set at ₹222 per share. It was a main-board IPO of 2,25,04,324 equity shares with a face value of ₹2, aggregating up to ₹499.60 Crores.
The IPO successfully raised ₹224.82 crore from anchor investors. The total ₹499.60 crore Arisinfra Solutions IPO was subscribed 2.65 times, with bids for 3,46,72,835 shares against 1,30,84,656 shares on offer, according to data from the National Stock Exchange (NSE).
The company was founded by Ronak Morbia and Bhavik Khara in 2021. The Promoters of Arisinfra Solutions include Ronak Kishor Morbia, Bhavik Jayesh Khara, Siddharth Bhaskar Shah, Jasmine Bhaskar Shah, Priyanka Bhaskar Shah, Bhaskar Shah, Aspire Family Trust, and Priyanka Shah Family Trust.
Arisinfra Solutions has an employee base of 224 individuals. The company has been actively expanding its workforce, evident from the significant increase in employee costs, which zoomed 51% to INR 30.3 Cr in FY24 from INR 20.03 Cr in FY23. This growth in expenditure suggests a strategic increase in headcount during the year.
Arisinfra operates in the highly competitive B2B construction materials space. The company faces competition from 222 competitors, with 134 being active, including 23 funded entities. Its top competitors in the market include well-known companies like Moglix, Infra.Market, and Mistry.Store.
In recent developments, the company approved its FY25 audited results. Additionally, CFO Amit Gala resigned, and Bhavik Khara was appointed as the new CFO, effective July 14, 2025. A significant strategic transition involved ArisInfra converting into a public entity on May 31, 2024, by removing "Private" from its legal name, Arisinfra Solutions Private Limited, in preparation for its IPO.
Arisinfra Solutions' recent IPO listing and its technology-driven approach to construction materials procurement position it as a significant player in India's rapidly growing construction technology sector. Despite facing near-term profitability challenges, which are common for rapidly scaling technology platforms, the company's strategic initiatives and market position suggest strong potential for future growth.
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