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

Let’s have a detailed review of the company and analytics of the Interarch Building Products IPO release date, IPO offer price, subscription, Interarch Building Products 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 Products IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Interarch Building Products 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 ARVIND NANDA, GAUTAM SURI, ISHAAN SURI AND VIRAJ NANDA. 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 Products IPO Date

The opening and closing dates of Interarch Building Products IPO are August 19, 2024 and August 21, 2024, respectively.

Interarch Building Products IPO Subscription

The shares subscribed by the public will be updated here.

Interarch Building Products 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 Products Limited IPO Listing Date

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

Interarch Building Products IPO Price Band

The face value of each share is Rs.10, but the price band of the IPO is Rs 850 to Rs 900 

Interarch Building Products IPO Equity Size

This Initial Public Issue of 6,669,852 Equity Shares of Rs.10 each for cash at a price of Rs 850 to Rs 900 per equity share aggregating to Rs.600.29 Cr.

Interarch Building Products IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 2,222,222 Equity Shares of Rs.10/ each.

Issue Size: 6,669,852 Equity Shares of Rs.10 each, aggregating to Rs.600.29 Cr.

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Interarch Building Products IPO – Live Performance

The listing date of this IPO is August 26, 2024. You can check the live performance of the IPO here, only after it is listed on exchanges.

Interarch Building Products IPO Grey Market Premium

The Interarch Building Products 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 Products IPO – Company Overview

Their Company further had the second largest aggregate installed capacity of 141,000 metric tonnes per annum (“MTPA”) as at March 31, 2024 and a market share of 6.5% in terms of operating income in Financial Year 2024 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.

From Financial Year 2015 to Financial Year 2024 they completed execution of 677 PEB Contracts, thereby demonstrating their extensive track record in the PEB industry.

Interarch Building Products 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, 2024, March 31, 2023, and March 31, 2022, were Rs. 862.62 Million, Rs. 814.63 Million and Rs. 171.33 Million respectively.

Interarch Building Products IPO – Promoters

The Promoter of this company is:

• ARVIND NANDA,
• GAUTAM SURI,
• ISHAAN SURI
• VIRAJ NANDA

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 Products IPO – Promoters Holding

• Pre-Issue Share Holding – 87.53%
• Post-Issue Share Holding – %

Interarch Building Products IPO Offer Details or Issue Details

Interarch Building Products IPO Issue Object

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

1. 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”);
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 upgradation of existing information technology infrastructure of their Company;
4. Funding incremental working capital requirements; and
5. General corporate purposes

Interarch Building Products 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

Interarch Building Products 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
• Significantly integrated manufacturing operations, backed by in-house design and engineering, onsite 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 significant customers:

The relevant quantitative factors are:

Interarch Building Products IPO: Competitive Peers

Interarch Building Products IPO Lead Managers

Interarch Building Products IPO Registrar to offer

Interarch Building Products 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 Products IPO Review by Stock Brokers

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Interarch Building Products Limited IPO News

News 1 – IPO DRHP Download

News 2 – IPO RHP Prospectus Download

Interarch Building Products IPO Review FAQs

Check out various FAQs related to Interarch Building Products IPO:

What is the Issue Size of Interarch Building IPO?

The Company is making an initial public offer of 6,669,852 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 850 to Rs 900. 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 August 19, 2024, while the closing date is set at August 21, 2024.

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 August 22, 2024, refund initiation is on August 23, 2024, credit of shares is on August 23, 2024, and share listing date is on August 26, 2024.

What is the Interarch Building IPO Listing Date?

Shares of this company shall be listed in the exchanges on August 26, 2024. The date, when the listing would be done, is stagnant on August 26, 2024.

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 Products IPO?

Here are the promoters of this IPO – ARVIND NANDA, GAUTAM SURI, ISHAAN SURI AND VIRAJ NANDA. 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 Products 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 Products 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 Products 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 2024 in Million is 862.62, 2023 is 814.63, and 2022 is 171.33. 

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