USE APP

Use app for best experience!
Available for Android Device.


Interarch Building Products Limited IPO Detail

Interarch Building Products Limited IPO Detail

Incorporated in 1983, Interarch Building Limited provides turnkey pre-engineered steel construction solutions in India. The company offers integrated facilities for design, engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB).

As of March 31, 2023, the company had the second-highest installed capacity of 141,000 metric tonnes per year. In the financial year 2023, it also held a 6.1% market share in operating income among integrated PEB players in India.

The company offers PEBs through pre-engineered steel building contracts ("PEB Contracts") and the sale of pre-engineered steel building materials ("PEB Sales"), including metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems.

The company's industrial/manufacturing construction category customers include Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited. In the infrastructure construction category, the company serves InstaKart Services Private Limited.

The company has four manufacturing facility out of which two are situated in Sriperumbudur, Tamil Nadu, India, one in Pantnagar, Uttarakhand and and one in and Kichha, Uttarakhand, India.

The company has sales and marketing employees in Chandigarh, Punjab, and Haryana; Lucknow, Uttar Pradesh; Coimbatore, Tamil Nadu; Bhubaneshwar, Odisha; and Raipur, Chhattisgarh.

The company's Manufacturing Facilities are each accredited as ISO 9001:2015 certified in Quality Management System.

As of September 30, 2023, the company has 111 qualified structural design engineers and detailers in its in-house design and engineering team. On average, these team members have 8.05 years of work experience with the company.

Company Promoters

Arvind Nanda, Gautam Suri, Ishaan Suri and Viraj Nanda are the company's Promoters.

IPO Details

IPO Opening DateAug 19, 2024
IPO Closing DateAug 21, 2024
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price ₹850 - 900 per equity share
Market Lot16 Shares
Min Order Quantity16 Shares
Listing AtBSE, NSE
Issue Size₹600.29 Cr
Fresh Issue₹200.00 Cr
Offer for Sale₹400.29 Cr
Employee Discount₹Rs 85 per share
Retail Portion 35%

IPO Subscription (Bidding Detail)

AS On QIB SHNI BHNI NII RII TOTAL
Day 1 0.26x 8.02x 8.05x 8.04x 2.88x 3.27x
Day 2 1.41x 29.14x 32.70x 31.51x 7.59x 10.96x
Day 3 197.29x 96.11x 148.31x 130.91x 19.46x 93.79x

IPO Tentative Timetable

The Interarch Building Products Limited IPO open date is Aug 19, 2024, and the close date is Aug 21, 2024. The issue may list on Aug 26, 2024.

IPO Open DateAug 19, 2024
IPO Close DateAug 21, 2024
Basis of Allotment DateAug 22, 2024
Initiation of RefundsAug 23, 2024
Credit of Shares to Demat AccountAug 23, 2024
IPO Listing DateAug 26, 2024

IPO Lot Size

The Interarch Building Products Limited IPO market lot size is 16 shares. A retail-individual investor can apply for up to 13 lots (208 shares or ₹187200).

ApplicationLotsSharesAmount (Cut-off)
Minimum116₹14400
Maximum13208₹187200

IPO Promoter Holding

Pre Issue Share Holding87.53%
Post Issue Share Holding

Company Financials:

For the year/period ended (₹ in Crore)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-24 755.01 1306.32 86.26
31-Mar-23 675.03 1136.39 81.46
31-Mar-22 543.75 840.86 17.13

Objects of the Issue:

The company proposes to utilize the Net Proceeds towards funding the following objects (collectively, the “Objects”):

  1. 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”)
  2. 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;
  3. Funding investment in information technology (“IT”) assets for upgrading the company's existing information technology infrastructure;
  4. Funding incremental working capital requirements; and
  5. General Corporate Purposes

Interarch Building Products Limited IPO Registrar:

Link Intime India Private Ltd

Interarch Building Products Limited IPO Lead Manager(s):

Ambit Private Limited Axis Capital Limited

Company Contact Information:

Interarch Building Products Limited

Farm No. 8, Khasara No. 56/23/2, Dera Mandi Road Mandi Village

Mehrauli

New Delhi