Interarch Building Products IPO Date, Review, Price, Allotment Details

Interarch Building Products IPO Details: Interarch Building Products IPO date not is fixed, the IPO is to hit the market on August 19, 2024 and will close on August 21, 2024. Interarch Building Products IPO to raise around ₹600.29 crores via IPO that comprises fresh issue of ₹200.00 crores and offer for sale up to 4,447,630 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Interarch Building Products is one of the leading turnkey pre-engineered steel construction solution providers in India with integrated facilities for design and engineering, manufacturing, and on-site project management capabilities for the installation and erection of pre-engineered steel buildings (PEB). (Source: CRISIL Report) They were ranked third in terms of operating revenue from PEB business in the Financial Year 2023 among integrated PEB players in India. The company further had the second largest aggregate installed capacity of 141,000 metric tonnes per annum (MTPA) as of March 31, 2023, and a market share of 6.1% in terms of operating income in the Financial Year 2023 among integrated PEB players in India. (Source: CRISIL Report)

Their PEB offerings are designed, engineered, and fabricated by them to customer requirements, and find use in construction for industrial, infrastructure, and building (residential, commercial, and non-commercial) end-use applications. They have delivered PEBs for projects ranging from multi-level warehouses for customers engaged in e-commerce to paint production lines for customers engaged in manufacturing of paints and, the fast-moving consumer goods (FMCG) sector for setting up manufacturing units for manufacturing their products. They have also supplied large-span PEBs for indoor stadiums and customers engaged in the cement industry. During the period from Financial Year 2015 to Financial Year 2023 and the six months ended September 30, 2023, they completed the execution of 623 PEB Contracts, thereby demonstrating their extensive track record in the PEB industry.

They offer their PEBs by way of: (a) pre-engineered steel building contracts (PEB Contracts), wherein they provide complete PEBs on a turn-key basis to their customers, and as a part of which, they also provide on-site project management expertise for the installation and erection of PEBs supplied by us at their customers’ sites; and (b) sale of pre-engineered steel building materials (PEB Sales), which includes (i) sale of metal ceilings and corrugated roofing (comprising metal suspended ceiling systems (under the brand, TRAC®), metal roofing and cladding systems (under the brand, TRACDEK®) and permanent/metal decking (lost shuttering) over steel framing (under the brand, TRACDEK® Bold-Rib)); (ii) supply of PEB steel structures (comprising, amongst other things, primary and secondary framing systems; as well as complete PEBs, such as non-industrial PEB buildings for non-industrial use, such as farmhouses and residential buildings (under the brand, “Interarch Life”)) for erection and installation by third party builders/erectors, and (iii) light gauge framing systems (LGFS).

Objects of the Issue

  • Financing the capital expenditure towards setting up a new PEB manufacturing unit (classified as Phase 2 of the capacity development plan at the Planned Andhra Pradesh Manufacturing Facility) (“Project”)
  • Financing the capital expenditure towards the upgradation of the Kichha Manufacturing Facility, Tamil Nadu Manufacturing Facility I, Tamil Nadu Manufacturing Facility II and Pantnagar Manufacturing Facility;
  • Funding investment in information technology (“IT”) assets for upgrading the company’s existing information technology infrastructure;
  • Funding incremental working capital requirements; and
  • General Corporate Purposes

Interarch Building Products IPO Review (Apply or Not)

  • May Apply

Brokerage Firm IPO Review

  • Swastika Investmart: Apply

Interarch Building Products IPO Date & Price Band Details

IPO Open:August 19, 2024
IPO Close:August 21, 2024
IPO Size:Approx ₹600.29 Crores, 6,669,852 Equity Shares
Fresh Issue:Approx ₹200 Crores, 2,222,222 Equity Shares
Offer for Sale:Approx ₹400.29 Crores, 4,447,630 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹850 to ₹900 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
NII Quota:15%
Employee Discount:₹85 per share
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Interarch Building Products IPO Market Lot

The Interarch Building Products IPO minimum market lot is 16 shares with ₹14,400 application amount. The retail investors can apply up-to 13 lots with 208 shares or ₹187,200 amount.

ApplicationLot SizeSharesAmount
Retail Minimum116₹14,400
Retail Maximum13208₹187,200
S-HNI Minimum14224₹201,600
B-HNI Minimum701,120₹1,008,000

Interarch Building Products IPO Allotment & Listing Dates

The Interarch Building Products IPO date is 19, 2024 and the close date is August 21, 2024. The Interarch Building Products IPO allotment will be finalized on August 22, 2024 and the IPO listing on August 26, 2024.

IPO Open Date:August 19, 2024
IPO Close Date:August 21, 2024
Basis of Allotment:August 22, 2024
Refunds:August 23, 2024
Credit to Demat Account:August 23, 2024
IPO Listing Date:August 26, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Interarch Building Products IPO Form

How to apply for the Interarch Building Products IPO? You can apply for Interarch Building Products IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Interarch Building Products IPO in the Invest section. The other option is you can apply for Interarch Building Products IPO via IPO forms downloaded via NSE and BSE. Check out the Interarch Building Products forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broke

Interarch Building Products Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2022₹840.86₹818.27₹17.13
2023₹1136.39₹1027.44₹81.46
2024₹1306.32₹1190.43₹86.26

Interarch Building Products IPO Valuation – FY2024

Check Interarch Building Products IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹58.68 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):22.26%
Net Asset Value (NAV):₹268.80 per Equity Share

Peer Group

  • Everest Industries Limited
  • Pennar Industries Limited

Company Promoters

  • Arvind Nanda
  • Gautam Suri
  • Ishaan Suri
  • Viraj Nanda

Interarch Building Products IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: interarch.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Interarch Building Products IPO Allotment Status Check

Check Interarch Building Products IPO allotment status on Linkintime website allotment URL. Click Here

Interarch Building Products IPO Lead Managers aka Merchant Bankers

  • Ambit Private Limited
  • Axis Capital Limited

Company Address

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/

Interarch Building Products IPO FAQs

What is Interarch Building Products IPO?

Interarch Building Products IPO is a main-board IPO. They are going to raise ₹600.29 Crores via IPO. The issue is priced at ₹850 to ₹900 pr equity share. The IPO is to be listed on BSE & NSE.

When Interarch Building Products IPO will open?

The IPO is to open on August 19, 2024 for QIB, NII, and Retail Investors.

What is Interarch Building Products IPO Investors Portion?

The investors’ portion for QIB is 50%NII is 15%, and Retail is 35%.

How to Apply the Interarch Building Products IPO?

You can apply for Interarch Building Products IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

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