Interarch Building Products IPO
Open MainLineCurrent GMP
₹365 (+40.56%)
Price Band
₹ 850 – 900
Lot Size
16
Issue Size
₹600.29 Cr
Minimum Investment
₹14400 (16 Shares)
Listing Date
26 August 2024
Subscription
93.53x
About the Company
Established in 1997, Interarch Building Products Limited stands out as a premier turnkey pre-engineered steel construction solution provider in India. With fully integrated facilities for design, engineering, manufacturing, and on-site project management, they specialise in the installation and erection of pre-engineered steel buildings (PEB).
Their offerings include pre-engineered steel building contracts (PEB Contracts) and the sale of pre-engineered steel building materials (PEB Sales), catering to various sectors such as industrial/manufacturing, infrastructure, and building construction.
Ranked third in operating revenue from PEB business in FY 2023 among integrated PEB players in India, Interarch Building Products Limited boasts the second-largest aggregate installed capacity of 141,000 metric tonnes per annum as of March 31, 2023. They hold a notable 6.1% market share in terms of operating income.
Their extensive track record, domain expertise, established brand presence, and market position align well with the anticipated growth of the Indian PEB industry, projected at a CAGR of 10.5-11.5% from FY 2023 to FY 2028. Interarch's commitment to end-to-end solutions and collaboration with industry leaders underscores their contribution to critical industrial, commercial, and infrastructure projects.
Promoters
Interarch Building Products Limited Promoters
- Arvind Nanda
- Gautam Suri
- Ishaan Suri
- Viraj Nanda
Promoters Holding
Holding Pre Issue
87.53%
Holding Post Issue
0.00%
Objects of the Issue
The company plans to allocate the net proceeds from the issue for the following purposes:
- The primary objective of the fresh issue is to finance the capital expenditure required for setting up a new pre-engineered steel building (PEB) manufacturing unit at the Andhra Pradesh Manufacturing Facility.
- To finance the capital expenditures necessary to upgrade their existing manufacturing facilities located in Kichha, Tamil Nadu I, Tamil Nadu II, and Pantnagar.
- To allocate funds towards investing in IT assets to upgrade their existing information technology infrastructure.
- A portion of the net proceeds will fund incremental working capital requirements ensuring support for day-to-day operations and other business activities.
- The remaining portion will be used for general corporate purposes, providing flexibility and support for various ongoing and future initiatives to sustain growth and enhance shareholder value.
Address / Contact Info
Interarch Building Products Limited
Farm No. 8, Khasara No. 56/23/2,
Dera Mandi Road
Mandi Village, Mehrauli, New Delhi -110047,
Phone: +91-12041 70200
Email: compliance@interarchbuildings.com
Website: https://www.interarchbuildings.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 19 August 2024
IPO Close Date
Wednesday, 21 August 2024
Basis of Allotment
Thursday, 22 August 2024
Initiation of Refunds
Friday, 23 August 2024
Credit of Shares to Demat
Friday, 23 August 2024
Listing Date
Monday, 26 August 2024 — NSE & BSE
Important Dates
Open Date
19 August 2024
Close Date
21 August 2024
Basis Of Allotment
22 August 2024
Listing Date
26 August 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 755.01 | 675.03 | 543.75 |
| Revenue | 1306.32 | 1136.39 | 840.86 |
| Profit After Tax | 86.26 | 81.46 | 17.13 |
| Net Worth | 262.65 | 343.8 | 262.65 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 3.36 | 11.38 | 3.36 |
EPS Pre
59.84%
EPS Post
51.85%
P/E Pre
15.04
P/E (Post Issue)
17.36x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 19.4 |
| ROCE % | 25.79 |
| Debt / Equity | -0.11 |
| RoNW % | 22.26 |
| PbW | 0 |
| Pat Margin % | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1994288 | 30 | 0 |
| Qualified Institutions | 1329526 | 20 | 0 |
| Non-Institutional | 997145 | 15 | 0 |
| BNII | 664764 | 10 | 2967 |
| SNII | 332381 | 5 | 1483 |
| Retail Investors | 2326670 | 35 | 145416 |
| Total | 6647629 | 100 | 0 |
Subscription Status ( Fri, 20 Sep 24 06:59 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1276920 | 262298016 | 205.41x |
| Non-Institutional | 1016557 | 130544944 | 128.42x |
| BNII | 677704 | 98593744 | 145.48x |
| SNII | 338853 | 31951200 | 94.29x |
| Retail Investors | 2371965 | 45327760 | 19.11x |
| Employees | 26143 | 632432 | 24.19x |
| Total | 4691585 | 438803152 | 93.53x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 16 | 14,400.00 |
| Retail (Max) | 13 | 208 | 187,200.00 |
| S-HNI (Min) | 14 | 224 | 201,600.00 |
| S-HNI (Max) | 69 | 1,104 | 993,600.00 |
| B-HNI (Min) | 70 | 1,120 | 1,008,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Ambit Private Limited
- Axis Capital Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Interarch Building Products IPO is a Book-building IPO worth ₹600.29 crores. The price band is ₹850 to 900 per share. The IPO opens on Mon, Aug 19, 2024 and closes on Wed, Aug 21, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Interarch Building Products IPO opens on Mon, Aug 19, 2024 and closes on Wed, Aug 21, 2024
Interarch Building Products IPO Price Band is ₹850 to 900.
Interarch Building Products IPO lot size is 16, and the minimum amount required for application is ₹14400.
The minimum investment for Interarch Building Products IPO is approximately ₹14400 based on the upper price band.
To apply for the Interarch Building Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Aug 21, 2024. After submission, funds are blocked until the basis of allotment of Interarch Building Products IPO is finalised.
Interarch Building Products IPO issue size is ₹600.29 crores.
Interarch Building Products IPO allotment date is Sat, Jun 27, 2026.
The registrar for Interarch Building Products IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Interarch Building Products IPO through their official website or helpline.
The Interarch Building Products IPO GMP (Grey Market Premium) is ₹365 as of Wed, Aug 21, 2024. Based on the upper price band of ₹900 per share, the estimated Interarch Building Products IPO listing price is ₹1265, indicating a potential listing gain of approximately 31% over the issue price.