Interarch Building Products IPO Details: The Interarch Building Products IPO is scheduled to open on August 19, 2024, and close on August 21, 2024. The IPO aims to raise approximately ₹600.29 crores, consisting of a fresh issue worth ₹200 crores and an offer for sale of up to 4,447,630 equity shares, each valued at ₹10. The retail investor quota is 35%, while 50% is allocated to Qualified Institutional Buyers (QIB) and 15% to High Net-Worth Individuals (HNI).
Interarch Building Products is a prominent provider of turnkey pre-engineered steel construction solutions in India, offering comprehensive services that include design, engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB). According to the CRISIL Report, the company ranked third in operating revenue from the PEB business among integrated PEB players in India for the Financial Year 2023. Additionally, as of March 31, 2023, Interarch held the second-largest aggregate installed capacity at 141,000 metric tonnes per annum (MTPA), with a 6.1% market share in operating income among integrated PEB players in India.
Interarch’s PEB offerings are tailored to customer specifications and are utilized in industrial, infrastructure, and various building applications, including residential, commercial, and non-commercial projects. The company has delivered PEBs for a wide range of projects, from multi-level warehouses for e-commerce clients to paint production lines for FMCG companies and large-span PEBs for indoor stadiums and the cement industry. Between Financial Year 2015 and the six months ending September 30, 2023, Interarch successfully completed 623 PEB contracts, showcasing its extensive experience in the PEB industry.
The company offers its PEB solutions through: (a) pre-engineered steel building contracts (PEB Contracts), where complete PEBs are provided on a turnkey basis along with on-site project management for installation and erection; and (b) the sale of pre-engineered steel building materials (PEB Sales). This includes metal ceilings and corrugated roofing under the TRAC® and TRACDEK® brands, steel structures for various uses, and light gauge framing systems (LGFS). Interarch also caters to non-industrial PEB buildings, such as farmhouses and residential projects, under the brand “Interarch Life”.
Interarch Building Products IPO Objectives:
The company proposes to utilize the Net Proceeds towards funding the following objects (collectively, the “Objects”):
- 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
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% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Interarch Building Products IPO Lot Size:
The minimum investment for the Interarch Building Products IPO is set at 16 shares, requiring an application amount of ₹14,400. Retail investors have the option to apply for up to 13 lots, which equals 208 shares or an investment of ₹187,200.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 16 | ₹14,400 |
| Retail Maximum | 13 | 208 | ₹187,200 |
| S-HNI Minimum | 14 | 224 | ₹201,600 |
| B-HNI Minimum | 70 | 1,120 | ₹1,008,000 |
Interarch Building Products IPO Timeline:
The Interarch Building Products IPO will open on August 19, 2024, and close on August 21, 2024. The allotment of shares is expected to be finalized on August 22, 2024, with the IPO listing scheduled for 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 |
Interarch Building Products IPO GMP Today:
The last reported Grey Market Premium (GMP) for the Interarch Building Products IPO is ₹322. With a price band set at ₹900.00, the estimated listing price is projected to be around ₹1,222 (cap price + today’s GMP). This suggests an expected gain of approximately 35.78% per share.
Interarch Building Products Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 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
1. What are the dates for the Interarch Building Products IPO?
The IPO will open on August 19, 2024, and close on August 21, 2024.
2. What is the price band for the Interarch Building Products IPO?
The price band for the IPO is set at ₹900 per share.
3. What is the minimum investment required for the Interarch Building Products IPO?
The minimum market lot is 16 shares, requiring an investment of ₹14,400.
4. How many shares can retail investors apply for in the Interarch Building Products IPO?
Retail investors can apply for up to 13 lots, which amounts to 208 shares, with a total investment of ₹187,200.
5. When will the allotment for the Interarch Building Products IPO be finalized?
The allotment is expected to be finalized on August 22, 2024.
6. When will the Interarch Building Products IPO be listed?
The IPO is scheduled to be listed on August 26, 2024.
7. What is the Grey Market Premium (GMP) for the Interarch Building Products IPO?
The last reported GMP is ₹322, as of August 16, 2024.
8. What is the estimated listing price for the Interarch Building Products IPO based on the current GMP?
Based on the current GMP of ₹322 and the price band of ₹900, the estimated listing price is ₹1,222 per share.
9. What is the expected percentage gain or loss for the Interarch Building Products IPO?
The expected percentage gain per share is approximately 35.78%.
10. How is the Interarch Building Products IPO structured?
The IPO aims to raise around ₹600.29 crores, which includes a fresh issue of ₹200 crores and an offer for sale of up to 4,447,630 equity shares.
11. What is the allocation structure for the Interarch Building Products IPO?
The allocation is divided into 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-Worth Individuals (HNI).
12. What does Interarch Building Products do?
Interarch Building Products is a leading provider of turnkey pre-engineered steel construction solutions in India, offering design, engineering, manufacturing, and on-site project management services.
