Interarch Building Products Limited IPO
MainboardCivil Construction
Listed On: Aug 26, 2024 at ₹ 1299.0(NSE)
₹ 14400 /16 Shares
Check Allotment19 Aug, 2024
Open Date21 Aug, 2024
Close Date22 Aug, 2024
Allotment Date26 Aug, 2024
Listing DatePrice Summary
Last Closing
2,425.00 (169.44%)52 Week High
2,762.6052 Week Low
1,264.00Last Update
16-Dec-2025 3:30 PMInterarch Building Products IPO Issue Details
- Issue Price ₹850-900 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 66,69,852 shares(aggregating up to ₹600.29 crore)
- Fresh Share 22,22,222 shares(aggregating up to ₹200 crore)
- Offer For Sale 44,47,630 shares(aggregating up to ₹400.29 crore)
- Listing at BSE, NSE
- List Price 1299.0(NSE)
- Listing Date 2024-08-26
-
Lead Manager
Ambit Private Limited
Axis Capital Limited - Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 16 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 16 | ₹14,400 |
| Retail(max) | 13 | 208 | ₹1,87,200 |
Interarch Building Products IPO Reservation
Interarch Building Products IPO offers total 66,72,169 shares. Out of which 13,29,526 (19.93%) allocated to QIB, 9,97,145 (14.94%) allocated to NII,23,26,671 (34.87%) allocated to RII, 24,539 (0.37%) allocated to employees and 19,94,288 (29.89%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 19,94,288 (29.89%) | |
| QIB Shares Offered | 13,29,526 (19.93%) | |
| NII (HNI) Shares Offered | 9,97,145 (14.94%) | |
| bNII > ₹10L | 6,64,764 (9.96%) | |
| sNII < ₹10L | 3,32,381 (4.98%) | |
| Retail Shares Offered | 23,26,671 (34.87%) | |
| Employee Shares Offered | 24,539 (0.37%) | |
| Total Shares Offered | 66,72,169 (100%) |
Interarch Building Products IPO Details
Interarch Building Products IPO is a book-built issue of ₹600.29 crores, The total issue size is ₹600.29 crores. The IPO of Interarch Building Products is priced at ₹850-900 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Aug 19, 2024 and ends on Aug 21, 2024. The allotment for Interarch Building Products IPO will be finalized on Aug 22, 2024. Interarch Building Products IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 26, 2024. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
Retail investors can bid for a minimum of 16 shares, extendable to 14,400. The book-running lead manager for the IPO is/are Ambit Private Limited, Axis Capital Limited.
The total issue ₹600.29 crore, comprising a fresh issue of 22,22,222 shares ₹200 crore and having Offer for Sale (OFS) of 44,47,630 shares to mop up ₹400.29 crore.
The Interarch Building Products IPO sets its price band at 850-900 for each share. A single application for Interarch Building Products Limited IPO must contain at least 16 shares. Sentiment investors need to invest a minimum of 16 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,400
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Interarch Building Products IPO Subscription Analysis And Details
| As on | QIB | NII
bNII sNII |
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,329,526 |
997,145
664,764 332,381 |
2,326,670 | 4,653,341 |
|
Day 1
19-08-24 05:00 PM
|
0.27 x |
7.84
7.89 x 7.74 x |
2.75 x | 3.19 x |
|
Day 2
20-08-24 05:00 PM
|
1.47 x |
30.82
32.07 x 28.32 x |
7.31 x | 10.84 x |
|
Day 3
21-08-24 05:00 PM
|
205.41 x |
128.32
145.48 x 94.01 x |
18.93 x | 93.42 x |
Interarch Building Products Valuations
Interarch Building Products Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 755.01 | 675.03 | 543.75 |
| Revenue | 1,306.32 | 1,136.39 | 840.86 |
| Profit After Tax | 86.26 | 81.46 | 17.13 |
| Net Worth | 262.65 | 343.8 | 262.65 |
| Total Borrowing | 3.36 | 11.38 | 3.36 |
About Interarch Building Products Company
Incorporated in the year 1983, Interarch Building Limited is an Indian turnkey pre-engineered steel construction solutions provider. Interarch supports facilities of design, engineering, manufacturing, and on-site project management for installing and erecting a range of pre-engineered steel buildings (PEB).As of 31st March, 2023, it was the second-largest one with an installed capacity of 141,000 metric tonnes per year. It also maintained a 6.1% market share in operating income among integrated PEB players in India for the financial year 2023.It is offering PEBs through contracts for pre-engineered steel buildings (PEB Contracts) and sale of pre-engineered steel building materials (PEB Sales), comprising metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems.
In its industrial/manufacturing construction category, the company counts among its customers the names of Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited. The customer for the infrastructure construction category includes InstaKart Services Private Limited.The manufacturing facility is four, of which two are situated in Sriperumbudur, Tamil Nadu, India, and one is at Pantnagar, Uttarakhand, and also at and Kichha, Uttarakhand, India.The company has its sales and marketing employees in Chandigarh, Punjab, Haryana; Lucknow, Uttar Pradesh; Coimbatore, Tamil Nadu; Bhubaneshwar, Odisha; and Raipur, Chhattisgarh.
All the company's Manufacturing Facilities have each been certified as ISO 9001:2015 qualified 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. The average work experience of these employees with the company is 8.05 years.
Interarch Building Products - Promoter(s)
Arvind Nanda
Gautam Suri
Ishaan Suri
Viraj Nanda
Pre Issue Share Holding : 87.53%
Post Issue Share Holding : 59.9%
Interarch Building Products IPO - Issue Objectives
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
General Corporate Purposes
Interarch Building Products IPO - Anchor Investors
Interarch Building Products mobilises Rs 179.5 crore via anchor book.
Institutional investors including ICICI Prudential Mutual Fund, Whiteoak Capital, Mirae Asset, Pinebridge Global Funds, LC Pharos Multi Strategy Fund, and Eastspring Investments India Infrastructure Equity Open participated in the anchor book.
SBI General Insurance Company, Bajaj Allianz Life Insurance, Aryabhata Global Assets Fund, Carnelian Capital Compounder Fund, and Societe Generale also invested in the New Delhi-based company.
Interarch Building Products IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Interarch Building Limited | 58.68 | 58.68 | 268.8 | 15.04 | 22.26 | 3.36 | N/A |
| Everest Industries Ltd. | 11.42 | 11.33 | 378.37 | 105.95 | 3.01 | 1.99 | Consolidated |
| Pennar Industries Ltd. | 7.29 | 7.29 | 65.02 | 25.16 | 11.21 | 1.08 | Consolidated |
Notes:
- The P/E ratio for the listed industry peers has been computed based on the closing market price of equity shares as on July 24, 2024, divided by the diluted earnings per share for the Financial Year ended March 31, 2024.
- Return on Net Worth (%) = Restated profit for the year/period divided by the Net Worth at the end of respective year/period.
- Net asset value per Equity Share = Net Worth at the end of the year/period divided by the number of Equity Shares outstanding at the end of the year/period.
Strength
Weakness
Contact Details
Interarch Building Products
Farm No. 8, Khasara No. 56/23/2, Dera Mandi Road, Mandi Village, Mehrauli, New Delhi -110047
+91-12041 70200
Registrar Contact Details
Interarch Building Products IPO - FAQs
Ans. Interarch Building Products Limited IPO is a Mainboard IPO. The issue is priced at ₹850-900 per equity share. The minimum order quantity is 16 Shares. The IPO opens on Aug 19, 2024, and closes on Aug 21, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Interarch Building Products Limited IPO opens on Aug 19, 2024 and closes on Aug 21, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Interarch Building Products Limited IPO is Total ₹600.29 Cr : #Fresh Issue : 2,222,222 shares(aggregating up to ₹200.00 Cr) + #OFS : 4,447,630 shares of ₹10(aggregating up to ₹400.29 Cr).
Ans. The Interarch Building Products Limited IPO price band is set between ₹850-900 per equity share.
Ans. To apply for Interarch Building Products Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Interarch Building Products Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Interarch Building Products Limited IPO is Aug 22, 2024.
Ans. The Interarch Building Products Limited IPO will be listed on Aug 26, 2024.
Ans. Follow the steps to check the Interarch Building Products Limited IPO allotment status online.
