Interarch Building IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP

Let’s have a detailed review of the company and analytics of the Interarch Building IPO release date, IPO offer price, subscription, Interarch Building Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Interarch Building IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Interarch Building IPO – Summary

They are 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”).

They were ranked third in terms of operating revenue from PEB business in the Financial Year 2023 among integrated PEB players in India.

The promoters of this company are ARVINDNANDA, GAUTAMSURI, ISHAANSURI AND VIRAJNANDA. The lead managers of the issue are Ambit Private Limited and Axis Capital Limited, and the Registrar of this issue is Link Intime India Private Limited.

Interarch Building IPO Date

The opening and closing dates of the Interarch Building IPO are not available yet.

Interarch Building IPO Subscription

The shares subscribed by the public will be updated here.

Interarch Building IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Interarch Building Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Interarch Building IPO Price Band

The face value of each share is Rs.10, but the price band of the IPO is Rs.[●] 

Interarch Building IPO Equity Size

This Initial Public Issue of X Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.

Interarch Building IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.

Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.[●] Million

Open Free Demat Account Now!

Interarch Building IPO – Live Performance

The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

Interarch Building IPO Grey Market Premium

The Interarch Building Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X. 

Interarch Building IPO – Company Overview

Their 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 Financial Year 2023 among integrated PEB players in India.

Their PEB offerings are designed, engineered and fabricated by them in accordance with 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.

Interarch Building IPO – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

Earnings per Equity Share (in Million)

Further, their PAT for the period ended on March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 814.63 Million, Rs. 171.33 Million and Rs. 64.37 Million respectively.

Interarch Building IPO – Promoters

The Promoter of this company is:

• ARVINDNANDA,
• GAUTAMSURI,
• ISHAANSURI
• VIRAJNANDA

List of Related Parties (Key Managerial Personnel)

• Sonali Bhagwati Dalal, Chairperson and Independent Director
• Arvind Nanda, Managing Director
• Gautam Suri, Whole-time Director
• Viraj Nanda, Non-Executive Director
  

Interarch Building IPO – Promoters Holding

• Pre-Issue Share Holding – %
• Post-Issue Share Holding – %

Interarch Building IPO Offer Details or Issue Details

Interarch Building IPO Issue Object

Their Company proposes to utilize the Net Proceeds towards funding the following objects:

• Financing the capital expenditure towards setting up a new PEB manufacturing unit(classified as Phase 2 of their 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 upgradation of existing information technology infrastructure of their Company;
• Funding incremental working capital requirements; and
• General corporate purposes.

Interarch Building IPO – Business Strategy

• Capitalize on industry tailwinds, including through proposed expansion and upgradation of their Manufacturing Facilities
• Expanding geographical footprint to cater to strategic markets in India and overseas
• Expand customer base and increase sales to existing customers
• Continue to invest in their technology infrastructure to enhance in-house design and engineering

Interarch Building IPO – Basis of Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

• Established brand presence and market position in the growing pre-engineered building industry in India;
• Significantly integrated manufacturing operations, backed by in-house design and engineering, on-site project management, and sales and marketing capabilities;
• Demonstrated track record of execution of pre-engineered steel building projects;
• Diverse customer base and long-standing relationships with key customers;
• Demonstrated financial performance and robust order book; and
• Experienced and qualified Promoters and management team

The relevant quantitative factors are:

Interarch Building IPO: Competitive Peers

Interarch Building IPO Lead Managers

Interarch Building IPO Registrar to offer

Interarch Building IPO – Other Details

• Statutory Auditor – S.R.Batliboi & Co. LLP, Chartered Accountants
• Legal Counsel to the Company – Shardul Amarchand Mangaldas & Co
• Bankers to the Company –Bank of Baroda, HDFC Bank Limited, IDFC First Bank Limited, ICICI Bank Limited etc

Interarch Building IPO Review by Stock Brokers

Subscribe to Interarch Building IPO

Interarch Building Limited IPO News

News 1 – IPO DRHP Download

News 2 – IPO RHP Prospectus Download

Interarch Building IPO Review FAQs

Check out various FAQs related to Interarch Building IPO:

What is the Issue Size of Interarch Building IPO?

The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

What is the Price band of Interarch Building IPO?

The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is concerned, it is Rs. 10 per share.

What is the Interarch Building IPO Open Date?

The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

What is the Interarch Building IPO Allotment Date?

They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.

What is the Interarch Building IPO Listing Date?

Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.

Who is the Registrar of Interarch Building IPO?

One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.

Who is the Promoter of Interarch Building IPO?

Here are the promoters of this IPO – ARVINDNANDA, GAUTAMSURI, ISHAANSURI AND VIRAJNANDA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

What is the GMP of Interarch Building IPO?

They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.

Is Interarch Building IPO Good for Investment?

They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

What is the PAT of Interarch Building Company?

They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Million is 814.63, 2022 is 171.33, and 2021 is 64.37. PAT from Sep 2023 is 345.74.

Featured Topics