Interarch Building Products Ltd IPO Review, Date, Price, Allotment Details

Interarch Building Products IPO Details: Interarch Building Products IPO date is not fixed, the IPO is to hit the market on August 19, 2024, and will close on August 21, 2024. Interarch Building Products IPO to raise around ₹600.29 crores via IPO that comprises fresh issue of ₹200.00 crores and offer for sale up to 4,447,630 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%

About Interarch Building Products Ltd

Interarch Building Products is one of India’s leading turnkey pre-engineered steel construction solution providers 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). (Source: CRISIL Report) They were ranked third in terms of operating revenue from PEB business in the Financial Year 2023 among integrated PEB players in India. The 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 the Financial Year 2023 among integrated PEB players in India. (Source: CRISIL Report)

Their PEB offerings are designed, engineered, and fabricated according them to customer requirements. They 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. During the period from Financial Year 2015 to Financial Year 2023 and the six months ended September 30, 2023, they completed the execution of 623 PEB Contracts, thereby demonstrating their extensive track record in the PEB industry.

Interarch Building Products Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2022	₹840.86	₹818.27	₹17.13
2023	₹1136.39	₹1027.44	₹81.46
2024	₹1306.32	₹1190.43	₹86.26

Objects of the Issue

• 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; and
• General Corporate Purposes

Interarch Building Products IPO Valuation – FY2024

The approx valuation of Interarch Building Products Limited IPO based on its price band and DRHP (prospectus) is:

Interarch Building Products Limited IPO Issue Size

Interarch Building Products Limited IPO issue size is 600.29 Cr. 

Interarch Building Products IPO Allotment & Listing Dates

The Interarch Building Products IPO date is 19, 2024 and the close date is August 21, 2024. The Interarch Building Products IPO allotment will be finalized on August 22, 2024, and the IPO listing on August 26, 2024.

You can check IPO subscription status and IPO allotment status on their respective pages.

Interarch Building Products IPO Market Lot

The Interarch Building Products IPO minimum market lot is 16 shares with ₹14,400 application amount. Retail investors can apply up to 13 lots with 208 shares or ₹187,200 amount.

Interarch Building Products IPO Form

How to apply for the Interarch Building Products IPO? You can apply for Interarch Building Products IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Interarch Building Products IPO in the Invest section. The other option is you can apply for Interarch Building Products IPO via IPO forms downloaded via NSE and BSE. Check out the Interarch Building Products forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Interarch Building Products IPO FAQs

What is Interarch Building Products IPO?

Interarch Building Products IPO is a main-board IPO. They are going to raise ₹600.29 Crores via IPO. The issue is priced at ₹850 to ₹900 per equity share. The IPO is to be listed on BSE & NSE.

When Interarch Building Products IPO will open?

The IPO is to open on August 19, 2024, for QIB, NII, and Retail Investors.

What is Interarch Building Products IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Interarch Building Products IPO Price Band?

Interarch Building Products IPO Price Band is ₹850 to ₹900.

What is Interarch Building Products IPO Minimum and Maximum Lot Size?

The minimum bid is 16 Shares with ₹14,400 amount while the maximum bid is 208 shares with ₹187,200.

What is the Interarch Building Products IPO Allotment Date?

Interarch Building Products IPO allotment date is August 22, 2024.

What is the Interarch Building Products IPO Listing Date?

Interarch Building Products IPO listing date is August 26, 2024. The IPO is to be listed on BSE and NSE.

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