Interarch Building Products Limited

CLOSED

IPO Date: 19 Aug - 21 Aug 2024

Listing Date: 26 Aug 2024

Price Range

₹850 to ₹900 per share

Issue Size

600.29 Cr

Min Investment

13,600

Lot Size

16 Shares

Schedule of Interarch Building Products Limited

Issue open date

19 Aug 2024

Issue close date

21 Aug 2024

UPI mandate deadline

21 Aug 2024 (5 PM)

Allotment finalization

22 Aug 2024

Share credit

23 Aug 2024

Listing date

26 Aug 2024

Mandate end date

5 Sept 2024

Issue size

Funds Raised in the IPOAmount
Overall600.29 Cr
Fresh Issue0 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date22 Aug 2024
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
26 Aug 20249003361236 (37.33%)
25 Aug 20249003201220 (35.56%)
24 Aug 20249003371237 (37.44%)
23 Aug 20249003371237 (37.44%)
22 Aug 20249003551255 (39.44%)
21 Aug 20249003651265 (40.56%)
20 Aug 20249003541254 (39.33%)
19 Aug 20249003351235 (37.22%)
18 Aug 20249003251225 (36.11%)
17 Aug 20249003251225 (36.11%)
16 Aug 20249003101210 (34.44%)

Performance Interarch Building Products Limited

Issue PriceListing GainCurrent Market PriceP/L
₹850 to ₹900 per share 11664 (32.94%) 1486.1565.13%

About Interarch Building Products Limited

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.

Founded in1983
Managing director
Parent organization

Financial Overview

Strengths

    Risks

      Subscription Figures

      CategorySubscription (No. of times)
      Qualified Institutional Buyers (QIBs)197.29
      Non-Institutional Investors (NIIs)130.91
      Retail Individual Investors (RIIs)19.46
      Employee25.75
      Total93.79