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Interarch Building Products Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹900
Per Share
GMP
NIL
Grey Market
Est. Listing
₹900
Expected Price
Min. Application
₹28,800
2 lots × 16 shares
IPO Issue Details
Issue Price / Price Band₹900 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size16 Shares per Lot
Total Issue Size66,72,169 shares (aggregating up to ₹600.29 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 19 Aug 2024
Subscription CloseWed, 21 Aug 2024
Anchor AllotmentFri, 16 Aug 2024
Basis of AllotmentThu, 22 Aug 2024
Initiation of RefundsFri, 23 Aug 2024
Credit of Shares to DematFri, 23 Aug 2024
Listing DateMon, 26 Aug 2024
UPI Mandate Deadline2024-08-21
Application & Investment Details
Retail — Min (1 Lots)₹14,400 — 16 shares
Retail — Max (13 Lots)₹187,200 (13 Lots)
HNI — Min (14 Lots)₹2,01,600 — 224 shares
EPS (Pre-IPO)₹59.84
EPS (Post-IPO)₹51.85
P/E Ratio (Pre-IPO)15.04x
P/E Ratio (Post-IPO)17.36x
Pre-IPO Promoter Holding1,44,15,892 shares
Post-IPO Promoter Holding1,66,38,114 shares
Fresh Issue Shares22,24,539 shares (aggregating up to ₹200.14 Cr)
Offer for Sale Shares44,47,630 shares of ₹10 (aggregating up to ₹400.15 Cr)
About Interarch Building Products Ltd.

Incorporated in 1983, Interarch Building Limited provides turnkey pre-engineered steel construction solutions in India. The company offers integrated facilities for design, engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB).As of March 31, 2023, the company had the second-highest installed capacity of 141,000 metric tonnes per year. In the financial year 2023, it also held a 6.1% market share in operating income among integrated PEB players in India.The company offers PEBs through pre-engineered steel building contracts ("PEB Contracts") and the sale of pre-engineered steel building materials ("PEB Sales"), including metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems.The company's industrial/manufacturing construction category customers include Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited. In the infrastructure construction category, the company serves InstaKart Services Private Limited.The company has four manufacturing facility out of which two are situated in Sriperumbudur, Tamil Nadu, India, one in Pantnagar, Uttarakhand and and one in and Kichha, Uttarakhand, India.The company has sales and marketing employees in Chandigarh, Punjab, and Haryana; Lucknow, Uttar Pradesh; Coimbatore, Tamil Nadu; Bhubaneshwar, Odisha; and Raipur, Chhattisgarh.The company's Manufacturing Facilities are each accredited as ISO 9001:2015 certified 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. On average, these team members have 8.05 years of work experience with the company.

Objects of the Issue

Interarch Building Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
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”)
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 upgrading the company's existing information technology infrastructure;
4
Funding incremental working capital requirements; and
5
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,44,15,892 shares
Post-IPO Promoter Holding 1,66,38,114 shares
Lock-in Period (30%)September 20, 2024
Lock-in Period (50%)November 19, 2024
Check AllotmentCheck Status →
Interarch Building Products Ltd. — Live Price LIVE
₹900.00
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Issue ₹900.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹900
GMPNIL
Est. Listing₹900
Lot Size16 shares
Min Amount₹28,800
Listing Date26 Aug 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹900
Listing Date26 Aug 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 6,672,169 100.00% ₹600.50 Cr
* Based on ₹900.00 (upper price band)
Lot Size & Investment Details
Lot Size
16
Shares
Issue Price
₹900.00
Per Share
Min Investment
₹14,400
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 16 ₹14,400
Retail (Max) 13 208 ₹187,200
sNII (Min) 14 224 ₹201,600
bNII (Min) 70 1,120 ₹1,008,000
Company Financials — Restated Consolidated (Amount In Crore)
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 1306.32 1136.39 840.86
EBITDA N/A N/A N/A
Profit After Tax (PAT) 86.26 81.46 17.13
Net Worth 262.65 343.80 262.65
Total Assets 755.01 675.03 543.75
Reserves & Surplus N/A N/A N/A
Total Borrowings 3.36 11.38 3.36
Key Ratios & Valuation
Issue Price ₹900
Face Value ₹10 Per Share
P/BV 0.00
RoE 19.40%
RoCE 25.79%
RoNW 22.26%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity -0.11
Company Details
Company
Interarch Building Products Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Farm No. 8, Khasara No. 56/23/2, Dera Mandi Road Mandi Village, Mehrauli, New Delhi -110047, Delhi, New Delhi
Book Running Lead Managers
Ambit Pvt.Ltd.
Book Running Lead Manager (BRLM)
Axis Capital Ltd.
Book Running Lead Manager (BRLM)