Investor Sells ArisInfra Shares Worth INR 7.4 Cr

Amid an uptick in ArisInfra shares over the past month, investor Premlatha Agarwal yesterday offloaded 4.17 Lakh shares in the B2B ecommerce company via a bulk deal worth INR 7.4 Cr.

As per NSE data, the shares were sold at INR 176.9 apiece, a premium of more than 1% over the stock’s last closing price of INR 174.95 on the BSE. Curiously, Agarwal also bought 70,884 shares in the company at INR 176.13 each, translating into a total of INR 1.24 Cr.

The development comes as investors look to book profits amid a big spurt in ArisInfra shares. The stock has been on an upswing after brokerage firm Anand Rathi last month gave a ‘Buy’ rating on the stock with a target price of INR 164.

What has also helped is its profitable show, albeit declining YoY, and an INR 100 Cr contract bagged by the company’s subsidiary for a residential project in Bengaluru’s Nandi Hills region in July this year.

Shares of the B2B ecommerce company have zoomed nearly 20% in the last three months and more than 7% in the past month. Despite the recent rally, the company’s shares are trading 16% below their listing price of INR 209.

The company listed on the BSE at a near 6% discount to its IPO price of INR 222 on June 25.

Founded in 2021 by Ronak Morbia and Bhavik Khara, ArisInfra provides a tech platform for real estate developers to source, procure and deliver construction materials from its large vendor network.

On the financial front, ArisInfra’s net profit declined 22% to INR 5.1 Cr in Q1 FY26 from INR 6.5 Cr in the year-ago quarter. Meanwhile, its operating revenue rose 11% to INR 212.1 Cr during the quarter under review from INR 190.4 Cr in Q1 FY25.

Notably, the latest development comes a month after investment firm and existing backer NeoMile Capital increased its stake in the company to 5.13% from 1.51% earlier.

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