Interarch Building Products IPO

Interarch Building Products IPO is listed on BSE and NSE, priced at ₹850–₹900 per share. The stock debuted at ₹1299, delivering a listing gain of 44.3%. The IPO had a lot size of ₹16 shares and a minimum investment of ₹14,400.

Interarch Building Products Limited IPO

Mainboard Listed
₹14,400 (16 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 19, 2024 – Aug 21, 2024
Price band
₹850-900 per equity share
Minimum Investment
₹14,400
Issue size
₹600.29 Cr
Lot size
16
Allotment Date
Aug 22, 2024
Listing
Aug 26, 2024
Listing At
BSE, NSE

IPO timeline

  1. Aug 19, 2024

    Open Date

    Completed

  2. Aug 21, 2024

    Close Date

    Completed

  3. Aug 22, 2024

    Allotment Date

    Completed

  4. Aug 26, 2024

    Listing Date

    Completed

Price Summary

Last closing
1,728.00 (92%)
52 week high
2,762.60
52 week low
1,600.00
Last update

Interarch Building Products IPO Essentials

Interarch Building Products IPO Details

Interarch Building Products IPO is priced at ₹850-900 per share with a total issue size of 600.29 crore. The IPO has a lot size of 16 shares and is listed on BSE and NSE.

Issue price
₹850-900 per equity share
Lot size
16 shares
Face value
₹10 Per Equity Share
Issue size
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)
Total issue size
66,69,852 shares
(aggregating up to ₹600.29 crore)
Fresh issue
22,22,222 shares
(aggregating up to ₹200 crore)
Offer for sale (OFS)
44,47,630 shares
(aggregating up to ₹400.29 crore)
Listing at
BSE, NSE
List price
1299.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Ambit Private Limited, Axis Capital Limited

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 Documents

Interarch Building Products IPO Reservation

Interarch Building Products IPO reservation details show category-wise allocation of shares. Out of the total 66,72,169 shares, approximately 19.93% are reserved for QIB, 14.94% for NII, 34.87% for retail investors, 0.37% for employees, and 29.89% for 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%)
bHNI > ₹10L 6,64,764 (9.96%) 2,967
sHNI < ₹10L 3,32,381 (4.98%) 1,483
Retail Shares Offered 23,26,671 (34.87%) 1,45,416
Employee Shares Offered 24,539 (0.37%)
Total Shares Offered 66,72,169 (100%)

Interarch Building Products IPO Analytics

Interarch Building Products IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Interarch Building Products IPO Subscription Status

Interarch Building Products IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
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
7.84x
7.89x
7.74x
2.75 x 3.19 x
Day 2 20-08-24 05:00 PM
1.47 x
30.82x
32.07x
28.32x
7.31 x 10.84 x
Day 3 21-08-24 05:00 PM
205.41 x
128.32x
145.48x
94.01x
18.93 x 93.42 x
Total No. of Applications
bHNI sHNI Retail
24,25,443 (Approx) —x —x 15x

Interarch Building Products Valuations

Earnings

EPS Pre IPO
₹59.84/-
EPS Post IPO
₹51.85/-
P/E Pre IPO
15.04
P/E Post IPO
17.36

Returns

ROE
19.40%
ROCE
25.79%
RoNW
22.26%

Fundamentals

Debt / Equity
-0.11
Price / Book
0.00

Data sourced from DRHP / RHP • For educational purposes only

Interarch Building Products Financials( In Crs.)

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

Interarch Building Products Company & Offer Insights

About Interarch Building Products

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 are the company's promoters of Interarch Building Products.

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:

  1. 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.
  2. Return on Net Worth (%) = Restated profit for the year/period divided by the Net Worth at the end of respective year/period.
  3. 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.

Interarch Building Products IPO - Strengths and Risks

Interarch Building Products IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Interarch Building is ranked third in operating revenue among PEB players in FY 2024.
The company holds the second-largest installed capacity of 141,000 MTPA in India's PEB industry.
The company has been recognised with multiple awards, including 'Pre-Engineered Building Company of the Year' in 2022.

Risks

Interarch is highly dependent on the availability and cost of steel, making price volatility a significant threat.
Any disruption in the supply chain of raw materials can adversely impact Interarch Building Products Limited's business and financial health.
Outsourcing services to third parties introduces risks, as any failure in their service delivery can negatively affect the company.

Contact Information

Contact Details

Interarch Building Products

+91-12041 70200

compliance@interarchbuildings.com

https://www.interarchbuildings.com/

Farm No. 8, Khasara No. 56/23/2, Dera Mandi Road, Mandi Village, Mehrauli, New Delhi -110047

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Interarch Building Products IPO is a book-built IPO worth ₹600.29 crore. The price band is ₹850–₹900 per share. The IPO opens on Aug 19, 2024 and closes on Aug 21, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Interarch Building Products IPO is ₹850 to ₹900 per share.

The lot size of Interarch Building Products IPO is 16 shares.

The minimum investment for Interarch Building Products IPO is approximately ₹14,400 based on the upper price band .

Interarch Building Products IPO opens on Aug 19, 2024 and closes on Aug 21, 2024.

The allotment date of Interarch Building Products IPO is Aug 22, 2024.

Interarch Building Products IPO is expected to be listed on Aug 26, 2024, on BSE and NSE .

Interarch Building Products IPO listed on Aug 26, 2024. It was issued at ₹1299.0(NSE) and is currently around ₹1728.00 as on 11-Jun-2026 3:30 PM, which is approximately 92.0% versus issue price. The 52-week high is ₹2,762.60.

Based on listing and post-listing performance, Interarch Building Products IPO delivered around 92.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Interarch Building Products IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Interarch Building Products IPO valuation snapshot: P/E 17.36, EPS ₹51.85/-, P/B 0.00, RoNW 22.26%, and market cap N/A.

To apply for Interarch Building Products IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Interarch Building Products IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Interarch Building Products IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Interarch Building Products IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Interarch Building Products IPO allotment status on IPO Ji for quick and easy access.