In a landmark development for India’s steel construction and infrastructure sector, Interarch Building Solutions has announced that it has secured the largest-ever single Pre-Engineered Building (PEB) order in India’s history, valued at over INR 300 crore. This monumental contract comes from one of the country’s most advanced upcoming tyre manufacturing facilities in Gujarat, and has sent Interarch’s stock price surging more than 5% in intraday trading on 21 April.
The Noida-headquartered company, a pioneer in pre-engineered steel construction solutions since 1983. The order includes the complete engineering, manufacturing, and erection of steel buildings, all to be delivered under a turnkey model. The facility will span a 3 million square feet under a single roof and is expected to be completed within FY 2025–26.
Arvind Nanda, Managing Director of Interarch Building, called the achievement a “significant milestone,” emphasizing the trust reposed in Interarch’s four-decade-long legacy of precision engineering and large-scale infrastructure execution. “This is not just a contract,” Nanda stated, “but an endorsement of our capability to deliver world-class, sustainable, and innovative industrial structures at scale.”
Market Response: Surge in Investor Confidence
The markets were quick to react. Following the announcement, Interarch Building’s shares jumped by over 5% to an intraday high of INR 1,818 per share, recovering all year-to-date losses and trading firmly in the green. Over the past month alone, the stock has delivered a solid 20% return to shareholders, though it still trails its post-listing high of INR 1,923.75 per share. The stock has now doubled from its IPO price of INR 900 per share, signaling growing investor confidence in the company’s long-term growth trajectory.
The PEB order of INR 300 crore acts as both a financial and reputational boost, placing Interarch firmly at the forefront of the Indian steel construction sector.
A Strong April for Interarch
This win comes on the back of another big win: two awards at the 16th CIDC Vishwakarma Awards last month. Interarch was awarded for a paint manufacturing facility for Grasim Industries (Birla Opus Paint) in Panipat, Haryana and our CEO Manish Garg won the ‘Industry Captain Award’ for his visionary leadership.
These awards along with the new big order, showcases Interarch’s diversity in industrial and non-industrial infrastructure and its consistent delivery of high performance and sustainable engineering solutions.
A Glimpse Into the Company’s Capabilities
Interarch has vertically integrated capabilities—from design and engineering to on-site project management—making it a one stop shop for turnkey industrial projects. The company’s proprietary product lines— TRACDEK® roofing systems and TRAC® metal ceilings and non-industrial load bearing wall framing systems make it unique in a sector that is expected to grow rapidly under India’s “Nation Building 2047” vision.
Interarch Building’s load bearing wall systems are earthquake and termite resistant, recyclable and designed for quick assembly and future adaptability, leads the construction to sustainability.
Interarch Building Solutions Post-IPO Performance
Interarch launched its IPO on 19 August 2024, with an issue size of INR 600.29 crore. The issue recorded a massive subscription of 935% and delivered 32.86% returns on listing day. The stock soon turned into a multibagger and reached to its all-time high of INR 1865.05 per share on 24 December 2024, reflecting a 107.23% returns. Currently, it is trading around INR 1,805 per share, near to its all-time high.
Conclusion
With the largest-ever PEB order now in its portfolio and momentum from recent awards, Interarch Building Solutions is well-positioned for its next phase of growth. As India’s manufacturing and infrastructure sectors continue to scale, Interarch’s integrated, innovation-driven approach could set the tone for the future of steel construction in the country.
For investors, analysts, and industry watchers alike, this order not only represents a financial milestone but also a strategic signal: Interarch is a key player in India’s infrastructure narrative—one that’s just beginning to unfold on a much larger canvas.
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Disclaimer: This article is for information perpose only and should not be considered as a financial advice. Always do your own research and consult a licensed financial advisor.