The Interarch Building Products IPO is scheduled to launch on August 19, 2024, and will consequently close on August 21, 2024. In particular, the IPO aims to raise approximately ₹600.29 crores. This amount includes a fresh issue of ₹200.00 crores, along with an offer for sale of up to 4,447,630 equity shares, each with a face value of ₹10. Furthermore, the allocation for the IPO is structured as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs).
Table of contents
- Interarch Building Products IPO Overview
- Company Details
- Interarch Building Products Key Dates
- Financials (₹ in Crores)
- Objective of the Issue
- Company Promoters
- Interarch Building Products IPO GMP (Grey Market Premium)
- Interarch Building Products IPO Application Form PDF
- Interarch Building Products Subscription Status
- Interarch Building Products Allotment Status
- IPO Review
- Interarch Building Products IPO Registrar
- Interarch Building Products IPO Lead Manager
- Interarch Building Products Limited Contact
- Interarch Building Products IPO FAQs
Interarch Building Products IPO Overview
| Company Name | Interarch Building Products Limited |
| Industry | Pre-engineered buildings (PEB) and Steel structures |
| IPO Issue Type | Book Built Issue |
| Open Date | August 19, 2024 |
| Close Date | August 21, 2024 |
| Total Issue Size | ₹600.29 Crores (6,669,852 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Fresh Issue | ₹200 Crores (2,222,222 Equity Shares) |
| Price Band | ₹850 to ₹900 Per Share |
| Listing on | BSE & NSE |
| Lot Size | 16 shares |
| Offer for Sale | ₹400.29 Crores (4,447,630 Equity Shares) |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
Interarch Building Limited, an Indian corporation founded in 1983, offers complete pre-engineered steel construction solutions. The company provides comprehensive services, including design, engineering, manufacturing, and on-site project management for pre-engineered steel buildings (PEBs).
As of March 31, 2023, the firm achieved the second-highest installed capacity in the industry, with an impressive 141,000 metric tonnes annually. Moreover, in the fiscal year 2023, it captured a 6.1% market share in operating income among integrated PEB firms in India. The company delivers PEBs through pre-engineered steel building contracts (“PEB Contracts”) and pre-engineered steel building materials (“PEB Sales”), offering products such as metal ceilings, corrugated roofing, PEB steel structures, and light gauge frame systems.
In terms of infrastructure, two of the company’s four manufacturing facilities are located in Sriperumbudur, Tamil Nadu, with the other two in Pantnagar and Kichha, Uttarakhand. The company also has sales and marketing teams positioned in Chandigarh, Punjab, Haryana, Lucknow, Uttar Pradesh, Coimbatore, Tamil Nadu, Bhubaneshwar, Odisha, and Raipur, Chhattisgarh.
Furthermore, each manufacturing facility is ISO 9001:2015 certified for quality management systems. As of September 30, 2023, the company’s internal design and engineering team consisted of 111 highly skilled structural design engineers and detailers, who have an average of 8.05 years of experience with the company.
Interarch Building Products Key Dates
| IPO Open Date | August 19, 2024 |
| IPO Close Date | August 21, 2024 |
| Basis of Allotment | August 22, 2024 |
| Refunds | August 23, 2024 |
| Credit to Demat Account | August 23, 2024 |
| IPO Listing Date | August 26, 2024 |
Financials (₹ in Crores)
| Year | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹755.01 | ₹675.03 | ₹543.75 |
| Revenue | ₹1,306.32 | ₹1,136.39 | ₹840.86 |
| Profit After Tax (PAT) | ₹86.26 | ₹81.46 | ₹17.13 |
| Net Worth | ₹262.65 | ₹343.8 | ₹262.65 |
| Total Borrowings | ₹3.36 | ₹11.38 | ₹3.36 |
Objective of the Issue
- We are financing the capital expenditure for setting up a new PEB manufacturing unit, which is Phase 2 of our capacity development plan at the Planned Andhra Pradesh Manufacturing Facility.
- Additionally, we are financing the upgrade of the Kichha Manufacturing Facility, Tamil Nadu Manufacturing Facility I, Tamil Nadu Manufacturing Facility II, and Pantnagar Manufacturing Facility.
- We are also investing in information technology (IT) assets to upgrade our existing IT infrastructure.
- Moreover, we are funding incremental working capital requirements and addressing general corporate purposes.
Company Promoters
- Arvind Nanda
- Gautam Suri
- Ishaan Suri
- Viraj Nanda
Interarch Building Products IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Interarch Building Products IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Interarch Building Products Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Interarch Building Products IPO Application Form PDF
To download the Interarch Building Products IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Interarch Building Products Subscription Status
Interarch Building Products IPO subscription kicks off on August 23, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Interarch Building Products Allotment Status
To check the Interarch Building Products IPO allotment status go to the IPO registrar website Link Intime India Pvt Ltd or go to IPO Allotment.
To check Interarch Building Products IPO allotment status. Firstly, follow the steps below:
- First, go to the link given above.
- Next, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- Established Market Presence: The company has a solid foothold in the market, reflecting its industry influence and recognition.
- Advanced Manufacturing Capabilities: Furthermore, the company leverages cutting-edge technology to enhance production efficiency and product quality.
- Comprehensive Product Range: Additionally, it offers a diverse array of products, catering to various customer needs and preferences.
- Strong Client Relationships: The company cultivates robust relationships with clients, ensuring trust and long-term partnerships.
- Innovative Approach: Moreover, it adopts a forward-thinking approach, continuously developing new solutions to stay ahead in the industry.
Risks:
- The company’s success hinges on the availability and cost of raw materials, such as steel. Consequently, supply disruptions or price fluctuations may hurt operations, cash flows, and financial health.
- Underutilizing manufacturing capacities creates inefficiencies and increases costs, which in turn affects overall productivity and profitability.
- Business customers sometimes enter short-term contracts and may cancel or change orders, impacting cash flow, revenues, and earnings. Additionally, they might face payment issues.
- The company depends on its manufacturing facilities for operations. Therefore, any interruptions, delays, or halts in manufacturing could negatively impact business performance, including financial condition.
- Insurance policies might not cover all business losses. Thus, insufficient insurance coverage could leave the company exposed to adverse material incidents, negatively affecting business results, financial conditions, and cash flows.
Interarch Building Products IPO Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: interarch.ipo@linkintime.co.in
Website: https://linkintime.co.in
Interarch Building Products IPO Lead Manager
AMBIT PRIVATE LIMITED
Ambit House 449,Senapati Bapat Marg
Lower Panel(West) – 400 013
Phone: +91 66233030
Email: info@ambit.co
Website: www.ambit.co
AXIS CAPITAL LIMITED
1st Floor, Axis House C-2 Wadia International Center
Pandurang Budhkar Marg, Worli Mumbai – 400 025 Maharashtra
Phone: +91 22 4325 2183
Email: interarch.ipo@axiscap.in
Website: www.axiscapital.co.in
Interarch Building Products Limited Contact
Interarch Building Products Limited
Farm No. 8, Khasara No. 56/23/2,Dera Mandi Road, Mandi Village,Mehrauli
New Delhi, Delhi-110047
India
Phone: +91-12041 70200
Email: compliance@interarchbuildings.com
Website: https://www.interarchbuildings.com/
Interarch Building Products IPO FAQs
In FY24, the company’s revenue increased by 15 percent yearly. Consequently, profit after tax (PAT) also rose by 6 percent yearly. Over the last two financial years, the company’s revenue has grown significantly, moving from ₹840.86 crore to ₹1,306.32 crore.
As per the RHP papers, the company’s revenue from operations has grown from Rs 834.94 crore in the financial year ended March 31, 2022. Consequently, it reached Rs 1,293.30 crore in the financial year ended March 31, 2024, thereby representing a CAGR of 24.46 percent.
Arvind Nanda is the Managing Director of our Company. Since the company’s incorporation, he has been associated with us. He is responsible not only for overall business decision-making but also for the financial oversight of operational management within our Company.
You can apply for the Interarch Building Products IPO online using either UPI or ASBA as a payment method.
The Interarch Building Products IPO opens on August 19, 2024 and closes on August 21, 2024.
For the latest news on Upcoming IPOs and IPO GMP, follow IPOGMP.IN. Additionally, connect with us on Twitter, Facebook, and Instagram.
