Interarch Building Products IPO Details
The Interarch Building Products IPO is a book build issue with a total issue size of ₹600.29 cr, comprising of fresh issue of 2222222 equity shares., and a offer for sale of 4447630 equity shares. Interarch Building Products IPO opened for subscription on Aug 19, 2024 and closed on Aug 21, 2024. Interarch Building Products IPO is set price band at ₹850 to ₹900 per share, with a lot size of 16 shares. Minimum investment for Retail investors was ₹14,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 22, 2024, and listed on both the NSE and BSE on Aug 26, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Ambit Private Limited and Axis Capital Limited are the Book Running Lead Manager for the issue.
Before investing in the Interarch Building Products IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 850 – 900
- Lot Size
- 16
- Issue Size
- ₹600.29 Cr
- Minimum Investment
- ₹14400 (16 Shares)
- Listing Date
- 26 August 2024
Current GMP
₹365 (+40.56%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
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
Book Running Lead Managers
- Ambit Private Limited
- Axis Capital Limited
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 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.
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 per share.
Interarch Building Products IPO lot size is 16 shares, Retail investors need a minimum investment of ₹14400 based on the upper price band
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.
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.
Interarch Building Products IPO issue size is ₹600.29 crores.
Interarch Building Products IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.