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

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The Interarch Building Products IPO is scheduled to launch on August 19, 2024, and will close on August 21, 2024. The IPO aims to raise approximately ₹600.29 crores, including a fresh issue of ₹200.00 crores and an offer for sale of up to 4,447,630 equity shares at a face value of ₹10 each. The allocation for the IPO is set at 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs).

Interarch Building Products Overview:

Interarch Building Products is a leading provider of turnkey pre-engineered steel construction solutions in India. They offer integrated services including design, engineering, manufacturing, and on-site project management for pre-engineered steel buildings (PEBs). According to the CRISIL Report, they were ranked third in operating revenue from PEB business among integrated PEB players in India for the Financial Year 2023. As of March 31, 2023, they held the second-largest installed capacity of 141,000 metric tonnes per annum (MTPA) and a 6.1% market share in operating income within the sector.

Their PEB solutions are custom-designed and fabricated for various applications including industrial, infrastructure, and building sectors (residential, commercial, and non-commercial). They have supplied PEBs for diverse projects such as multi-level warehouses for e-commerce, paint production lines, FMCG manufacturing units, indoor stadiums, and cement industry facilities. Since FY 2015, they have completed 623 PEB contracts, showcasing their extensive experience in the industry.

Interarch Building Products provides PEBs through:

PEB Contracts: Turnkey solutions including installation and project management.

PEB Sales: Includes metal ceilings, corrugated roofing (TRAC®, TRACDEK®), PEB steel structures (non-industrial buildings under “Interarch Life”), and light gauge framing systems (LGFS).

Objects of the Issue:

Financing the setup of a new PEB manufacturing unit (Phase 2 of the Andhra Pradesh Manufacturing Facility).

Upgrading existing facilities in Kichha, Tamil Nadu (Manufacturing Facility I and II), and Pantnagar.

Investing in IT infrastructure improvements.

Supporting incremental working capital requirements.

General corporate purposes.

Interarch Building Products IPO Review (Apply or Not):

To be updated soon

Brokerage Firm IPO Reviews:

Capital Market: To be updated soon

Religare Broking: To be updated soon

Hem Securities: To be updated soon

Arihant Capital: To be updated soon

Read Also: Saraswati Saree Depot IPO Date, Review, Price, Allotment Details

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

Interarch Building Products IPO Market Lot:

The minimum market lot for the Interarch Building Products IPO is 16 shares, requiring an application amount of ₹14,400. Retail investors can apply for up to 13 lots, totaling 208 shares, which amounts to ₹187,200.

ApplicationLot SizeSharesAmount
Retail Minimum116₹ 14,400
Retail Maximum13208₹ 1,87,200
S-HNI Minimum14224₹ 2,01,600
B-HNI Minimum701,120₹ 10,08,000

Interarch Building Products IPO Allotment & Listing Dates:

The Interarch Building Products IPO will open on August 19, 2024, and close on August 21, 2024. Share allotment will be finalized on August 22, 2024, with the IPO listing expected to occur 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

Interarch Building Products Company Financial Report

in crore
YearRevenueExpensePAT
2022₹ 840.86₹ 818.27₹ 17.13
2023₹ 1,136.39₹ 1,027.44₹ 81.46
2024₹ 1,306.32₹ 1,190.43₹ 86.26

Interarch Building Products IPO Valuation – FY2024

For detailed information on the Interarch Building Products IPO valuations, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV), please refer to the valuation section.

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: Link Intime

Interarch Building Products IPO Allotment Status Check:

Check your allotment status on the Link Intime website.

Interarch Building Products IPO Lead Managers (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: Interarch Building Products

Interarch Building Products IPO FAQs:

What is the Interarch Building Products IPO?

The Interarch Building Products IPO is a main-board offering aimed at raising ₹600.29 crores. The issue price ranges from ₹850 to ₹900 per equity share, and the IPO will be listed on BSE & NSE.

When will the Interarch Building Products IPO open?

The IPO will open on August 19, 2024, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.

What is the allocation for different investor categories?

QIBs: 50%

NIIs: 15%

Retail Investors: 35%

How can I apply for the Interarch Building Products IPO?

Applications can be made via ASBA online through your bank account, UPI through your stock broker, or by filling out an offline form with your stock broker.

How to apply for the IPO through Zerodha?

Log in to Console on the Zerodha website or app, go to Portfolio, and click on IPO. Select “Interarch Building Products,” enter your UPI ID, quantity, and price, then submit the application form. Approve the mandate via your UPI app.

How to apply for the IPO through Upstox?

Log in to the Upstox app, select the IPO, click on “Bid,” and confirm your application. Approve the mandate through your UPI app.

How to apply for the IPO through Paytm Money?

Log in to Paytm Money, select the IPO, click on “Bid,” and confirm your application. Approve the mandate via your UPI app.

What is the size of the Interarch Building Products IPO?

The IPO size is ₹600.29 crores.

What is the price band for the Interarch Building Products IPO?

The price band is ₹850 to ₹900 per share.

What are the minimum and maximum lot sizes for the IPO?

The minimum bid is for 16 shares with an application amount of ₹14,400. The maximum bid is for 208 shares with an application amount of ₹187,200.

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Author has a seasoned finance and investing writer with a passion for demystifying complex financial concepts. With a keen interest in the stock market, Author has spent years analyzing market trends, dissecting company financials, and providing insightful commentary on investment opportunities. Their articles aim to educate and empower readers to make informed decisions about their finances
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