Interarch Building Products IPO GMP, Price, Date, Allotment

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Last updated on August 28, 2024

Interarch Building Products IPO SubscriptionInterarch Building Products IPO Allotment
Interarch Building Products IPO

Interarch Building Products IPO Description – The company is a leading turnkey pre-engineered steel construction solution provider in India 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).

Interarch Building Products had the second largest aggregate installed capacity of 141,000 metric tonnes per annum (MTPA) as of 31 March 2024 and a market share of 6.5% in terms of operating income in the Financial Year 2024 among integrated PEB players in India.

The company has delivered PEBs for projects ranging from multi-level warehouses for customers engaged in e-commerce to paint production lines for customers involved in paint manufacturing and the fast-moving consumer goods (FMCG) sector for setting up manufacturing units for manufacturing their products. During the period from FY 2015 to FY 2024, the company had execution of 677 PEB contracts.

Interarch Building Products IPO GMP

Promoters of Interarch Building Products – Arvind Nanda, Gautam Suri, Ishaan Suri, and Viraj Nanda


Interarch Building Products IPO Details

Interarch Building Products IPO Dates19 – 21 August 2024
Interarch Building Products Issue PriceINR 850 – 900 per share
(Employee Discount – INR 85 per share)
Fresh issueINR 200 crore
Offer For Sale4,447,630 shares (INR 378.05 – 400.29 crore)
Total IPO sizeINR 600.29 crore
Minimum bid (lot size)16 shares (INR 14,400)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE, BSE

Interarch Building Products Financial Performance

 FY 2022FY 2023FY 2024
Revenue834.941,123.931,293.30
Expenses818.271,027.441,190.43
Net income17.1381.4686.26
Margin (%)2.057.256.67
Figures in INR Crores unless specified otherwise

Interarch Building Products Offer News


Interarch Building Products Valuations & Margins

FY 2022FY 2023FY 2024
(Pre Issue)
FY 2024
(Post-Issue)*
EPS11.9056.5759.9051.96
PE Ratio––14.19 – 15.0216.36 – 17.32
* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2022FY 2023FY 2024
RONW (%)6.5223.6922.26
NAV182.40238.75269.10
ROCE (%)8.3026.7525.79
EBITDA (%)3.949.478.74
Debt/Equity0.020.040.03
*Compiled by IPO Central from Prospectus

Interarch Building Products IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
24 August 2024330–4,200
23 August 2024350–4,400
22 August 2024350–4,400
21 August 2024335–4,200
20 August 2024315–3,900
19 August 2024300–3,800
17 August 2024300–3,800
16 August 2024325–4,000
14 August 2024200–3,500

Interarch Building Products IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Financing capital expenditure towards setting up new PEB manufacturing unit – INR 58.53 crore
  • Financing the capital expenditure towards the upgradation of existing factories – INR 19.25 crore
  • Funding investment in IT infrastructure upgradation – INR 11.39 crore
  • Funding incremental working capital requirements – INR 55 crore
  • General corporate purposes

Interarch Building Products – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)NAVRevenue (Cr.)
Interarch Building Products15.0259.9022.26269.101,293.30
Everest Industries105.9511.333.01378.371,575.45
Pennar Industries25.167.2911.2165.023,130.57

Interarch Building Products IPO Dates & Listing Performance

IPO Opening Date19 August 2024
IPO Closing Date21 August 2024
Finalization of Basis of Allotment22 August 2024
Initiation of refunds23 August 2024
Transfer of shares to demat accounts23 August 2024
Interarch Building Products IPO Listing Date26 August 2024
Opening Price on NSEINR 1,299 per share (up 44.33%)
Closing Price on NSEINR 1,195.70 per share (up 32.86%)

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Interarch Building Products Offer Lead Manager

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: [email protected]
Website: www.axiscapital.co.in


Interarch Building Products Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in


Interarch Building Products Contact Details

INTERARCH BUILDING PRODUCTS LIMITED
B 30, Sector 57,
Noida 201 301, Uttar Pradesh
Phone: +91 12041 70200
Email: [email protected]
Website: www.interarchbuildings.com


Interarch Building Products IPO FAQs

How many shares in Interarch Building Products IPO are reserved for HNIs and retail investors?

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

How to apply for Interarch Building Products Public Offer?

The best way to apply for Interarch Building Products public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Interarch Building Products IPO GMP today?

Interarch Building Products IPO GMP today is INR 330 per share.

What is Interarch Building Products kostak rate today?

Interarch Building Products kostak rate today is INR NA per application.

What is Interarch Building Products Subject to Sauda rate today?

Interarch Building Products Subject to Sauda rate today is INR 4,200 per application.

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