Arisinfra Solutions share price rose more than 2 percent in the early trade on July 22 following the company has been appointed as a major partner for Transcon Group’s ongoing projects in Mumbai.
At 09:27am, Arisinfra Solutions was quoting at Rs 156.20, up Rs 3.60, or 2.36 percent, on the BSE.
"Under this long-term agreement, Arisinfra will deliver integrated materials and services valued at approximately Rs 340 crore across Transcon’s residential and commercial developments, offering strong revenue visibility over the next 3–4 years," company said in its release.
It includes end-to-end supply of ready-mix concrete (RMC), steel, cement, chemicals, plumbing, electrical, and finishing products.
“Projects like Transcon fit seamlessly into our model — large-scale, design-first developments that demand speed, discipline, and end-to-end coordination. With materials and services integrated, and financial closure already in place, we’re well aligned to help Transcon deliver exceptional projects on time. This isn’t just a mandate — it’s a statement of how India’s top developers are rethinking execution,” said Srinivasan Gopalan, CEO, Arisinfra Solutions.
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Last week, company has signed MOU with Wadhwa Construction and Infrastructure for the next phase of its flagship Wadhwa Wise City project in Panvel.
Arisinfra will support the material supply for a development of 7 new towers totalling to a 1.2 million sq. ft. of construction area. This extension is expected to contribute an additional Rs 75 crore to Arisinfra’s material supplies over the next 36 to 40 months.
The share touched a 52-week high of Rs 209.10 and a 52-week low of Rs 152.10 on 25 June, 2025 and 21 July, 2025, respectively.
Currently, the stock is trading 25.3 percent below its 52-week high and 2.7 percent above its 52-week low.
The market capitalisation of the company stands at Rs 1,265.98 crore.
On debut, Arisinfra Solutions shares closed with more than 21 percent loss compared to offer price of Rs 222 on the NSE on June 25.
The company's IPO closed its Rs 499.6-crore initial public offering (IPO) with 2.65 times subscription on June 20.
Arisinfra is a business-to-business (B2B) technology-enabled company, utilising its network of vendors to source construction materials and providing them to real estate and infrastructure developers and contractors.
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