Interarch Building Products IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 19 Aug 2024
Close Date
Wed, 21 Aug 2024
Price Band
₹ 850 – 900
Lot Size
16
Issue Size
₹ 600.29 Cr
Minimum Investment
₹ 14,400 (16 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Interarch Building Products IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹600.29 Crore, comprising a fresh issue of 22.22 Lakh equity shares aggregating to ₹200.00 Crore and an offer for sale (OFS) of 44.48 Lakh equity shares aggregating to ₹400.29 Crore by the existing shareholders.
The Interarch Building Products IPO remained open for subscription from August 19, 2024, to August 21, 2024. The basis of allotment was finalized on August 22, 2024, and the company's shares were listed on the NSE and BSE on August 26, 2024.
The company had fixed the price band at ₹850 to ₹900 per share, with a lot size of 16 shares. Retail investors were required to make a minimum investment of ₹14,400 (based on the upper price band) to apply for one lot.
The IPO also included a reservation for eligible employees, who received a discount of ₹85 per share.
MUFG Intime India Private Limited served as the registrar to the issue. Ambit Private Limited, and Axis Capital Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Interarch Building Products Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Interarch Building Products IPO Timeline (Tentative)
- IPO Open Date
- Mon, 19 Aug 24
- IPO Close Date
- Wed, 21 Aug 24
- Basis of Allotment
- Thu, 22 Aug 24
- Initiation of Refunds
- Fri, 23 Aug 24
- Credit of Shares to Demat
- Fri, 23 Aug 24
- Listing Date
- Mon, 26 Aug 24 — NSE & BSE
Open Date
19 August 2024
Close Date
21 August 2024
Basis Of Allotment
22 August 2024
Listing Date
26 August 2024
IPO Subscription
Check Live Subscription →The Interarch Building Products IPO has received bids for 43,88,03,152 shares against 46,91,585 shares offered, resulting in an overall subscription of 93.53x. the NII category is subscribed 128.42x, Retail Investors 19.11x, Employees 24.19x, and QIBs 205.41x. Within the NII category, BNII is subscribed 145.48x, while SNII is subscribed 94.29x.
QIB
205.41x
NII
128.42x
BNII
145.48x
SNII
94.29x
RII
19.11x
EMP
24.19x
Total
93.53x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 23,26,670 shares, representing 35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 13,29,526 shares (20%), while Non-Institutional Investors (NIIs) receive 9,97,145 shares (15%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 1,994,288 | 30% |
| Qualified Institutions | 1,329,526 | 20% |
| Non-Institutional | 997,145 | 15% |
| BNII | 664,764 | 10% |
| SNII | 332,381 | 5% |
| Retail Investors | 2,326,670 | 35% |
| Total | 6,647,629 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Interarch Building Products Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 19.4 |
| ROCE % | 25.79 |
| Debt / Equity | -0.11 |
| RoNW % | 22.26 |
Peers Comparison
No Peer Comparision Available
About Interarch Building Products Limited
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.
Interarch Building Products IPO 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%
Interarch Building Products IPO Objective
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.
Interarch Building Products Limited Address / Contact Details
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
Interarch Building Products IPO Lot Size
The Interarch Building Products IPO has a lot size of 16 shares. Retail investors require a minimum investment of ₹14,400 by applying for 1 lot (16 shares). The maximum application allowed for the retail category is 13 lots (208 shares), requiring an investment of ₹1,87,200.
| 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 |
Issue Reservation
- Anchor Investors — 30%
- QIB — 20%
- NII — 15%
- RII — 35%
Book Running Lead Managers
- Ambit Private Limited
- Axis Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Interarch Building Products IPO?
Interarch Building Products IPO is a Book-building IPO with a total issue size of ₹600.29 crore. The Interarch Building Products IPO price band is ₹850 to 900 per share. The Interarch Building Products IPO subscription opens on Mon, Aug 19, 2024, and closes on Wed, Aug 21, 2024. The Interarch Building Products IPO will be listed on the NSE,BSE. MUFG Intime India Private Limited is the registrar for the Interarch Building Products IPO.
When will the Interarch Building Products IPO open for subscription?
The Interarch Building Products IPO opens on Mon, Aug 19, 2024 and closes on Wed, Aug 21, 2024
What is Interarch Building Products IPO Price Band?
Interarch Building Products IPO Price Band is ₹850 to 900 per share.
What is Interarch Building Products IPO Lot Size?
Interarch Building Products IPO lot size is 16 shares, Retail investors need a minimum investment of ₹14400 based on the upper price band
What is the minimum investment for Interarch Building Products IPO?
The minimum investment for Interarch Building Products IPO is ₹14400, based on one lot of 16 shares at the upper price band of ₹900 per share.
How to apply for Interarch Building Products IPO?
Investors can apply for the Interarch Building Products IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 21, 2024. The application amount remains blocked until the Interarch Building Products IPO allotment is finalized.
What is Interarch Building Products IPO Issue Size?
Interarch Building Products IPO issue size is ₹600.29 crores.
What is the Interarch Building Products IPO Allotment Date?
Interarch Building Products IPO allotment date is Thu, Aug 22, 2024.
Who is the Interarch Building Products IPO Registrar?
The registrar for Interarch Building Products IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Interarch Building Products IPO allotment status, refund processing, and other IPO-related information.
What is the Interarch Building Products IPO GMP?
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 40.56% over the issue price.
Who is the Interarch Building Products IPO Lead Manager?
The book-running lead managers (BRLMs) for the Interarch Building Products IPO are Ambit Private Limited, and Axis Capital Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Interarch Building Products IPO Red Herring Prospectus (RHP).