Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith Monitoring Agency Report in respect of utilization of proceeds of IPO for the Quarter ended June 30, 2025 issued by ICRA LIMITED, Monitoring Agency.
ARIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arisinfra Solutions has submitted the first Monitoring Agency Report from ICRA Limited covering use of IPO and pre-IPO proceeds raised in June 2025. The total monitored amount is Rs. 579.60 crore (IPO of Rs. 499.60 crore + pre-IPO of Rs. 80.00 crore). Of the Rs. 461.44 crore net IPO proceeds, Rs. 213.46 crore was utilised in Q1 FY2026, with nearly all of it (Rs. 203.19 crore) going towards repaying outstanding borrowings. Working capital got Rs. 9.02 crore, while the subsidiary Buildmex-Infra received Rs. 1.25 crore against a planned Rs. 48 crore. The remaining Rs. 286.14 crore is parked in term deposits with Axis Bank, IDBI Bank, and HSBC, earning 5.20–6.16% interest. No deviation from stated objects was observed, and the Board confirmed all projects are on schedule.
Positive for shareholders — the company has used IPO funds as promised, with the major debt repayment objective nearly complete. The large unutilised balance (over Rs. 286 crore) means deployment into working capital and the Buildmex-Infra subsidiary will be key milestones to watch in coming quarters.