Contents
- 1 Interarch Building Products IPO Details
- 2 Interarch Building Products IPO Date
- 3 Lot Size
- 4 Promoter Holding
- 5 Interarch Building Products IPO GMP (Grey Market Premium)
- 6 Interarch Building Products IPO Subscription Status
- 7 Interarch Building Products IPO Allotment Status
- 8 About Interarch Building Products Limited
- 9 Interarch Building Products Limited Financial Information
- 10 KPI Of Interarch Building Products Limited
- 11 Objects of the Issue
- 12 Peer Group
- 13 Interarch Building Products IPO Registrar
- 14 Interarch Building Products IPO Lead Manager
- 15 Interarch Building Products Limited Contact
- 16 Interarch Building Products IPO Application Form PDF
- 17 Analyses Of Interarch Building Products IPO
- 18 FAQs
Interarch Building Products Limited (IBPL), a leading provider of turnkey pre-engineered steel construction solutions in India, is set to launch its initial public offering (IPO) on August 19, 2024. The IPO aims to raise a total of ₹600.29 crores through a combination of a fresh issue and an offer for sale.
Fresh Issue: The company will issue 0.22 crore new shares, raising ₹200.00 crores.
Offer for Sale: Existing promoters and shareholders will sell 0.44 crore shares, amounting to ₹400.29 crores. The Interarch Building Products IPO will remain open for subscription from August 19, 2024, to August 21, 2024. The allotment of shares is expected to be finalized on August 22, 2024, and the shares are tentatively scheduled to be listed on the BSE and NSE on August 26, 2024.
The price band for the IPO has been set at ₹850 to ₹900 per share. The minimum lot size for an application is 16 shares, requiring a minimum investment of ₹14,400 for retail investors. For sNII (Institutional) investors, the minimum investment is 14 lots (224 shares), amounting to ₹201,600, while for bNII (High Net Worth) investors, it is 70 lots (1,120 shares), amounting to ₹1,008,000.
Refer Doc – Interarch Building Products IPO RHP
Interarch Building Products IPO Details
| Open Date | August 19, 2024 |
| Close Date | August 21, 2024 |
| IPO Size | Aggregating up to ₹600.29 Cr. |
| Face Value | ₹10 per share |
| Fresh Issue | Aggregating up to ₹200 Cr. |
| IPO Price Band | ₹85 per share |
| IPO Listing on | BSE NSE |
| Lot Size | 16 Shares |
| OFS | Aggregating up to ₹400.29 Cr. |
| Share Offered to Retail | 35% |
| Share Offered to QIB | 50% |
| Share Offered to HNI | 15% |
Interarch Building Products IPO Date
- IPO Open Date: August 19, 2024
- IPO Close Date: August 21, 2024
- Allotment: August 22, 2024
- Refunds: August 23, 2024
- Shares Credit to Demat: August 23, 2024
- Listing Date: August 26, 2024
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 16 | ₹14,400 |
| Retail (Max) | 13 | 208 | ₹187,200 |
| S-HNI (Min) | 14 | 224 | ₹201,600 |
| S-HNI (Max) | 69 | 1,104 | ₹993,600 |
| B-HNI (Min) | 70 | 1,120 | ₹1,008,000 |
Promoter Holding
The company’s promoters are Arvind Nanda, Gautam Suri, Ishaan Suri, and Viraj Nanda. Their shareholding before the issue stands at 87.53%.
Interarch Building Products IPO GMP (Grey Market Premium)
If you want to know Interarch Building Products IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Interarch Building Products IPO Subscription Status
Interarch Building Products IPO subscription starts on August 19, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Interarch Building Products IPO Allotment Status
To check the Interarch Building Products IPO allotment status go to the IPO registrar website ”Link Intime India Private Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
About Interarch Building Products Limited
Interarch Building Products Limited, founded in 1983, is a top company in India that specializes in pre-engineered steel buildings. They handle everything from designing and engineering to manufacturing and installing these steel structures. Their services include taking on projects to build steel buildings and selling steel building materials. They serve different industries like manufacturing, infrastructure, and construction.
Ranked third in operating revenue from PEB business in FY 2023 among integrated PEB players in India, Interarch holds the second-largest aggregate installed capacity of 141,000 metric tonnes per annum as of March 31, 2023. The company maintains a notable 6.1% market share in terms of operating income. Interarch’s roadmap aligns well with the anticipated growth of the Indian PEB industry, projected at a CAGR of 10.5-11.5% from FY 2023 to FY 2028, driven by factors such as increasing steel consumption, government initiatives like Make in India and the Smart Cities Mission, and the company’s commitment to end-to-end solutions and collaboration with industry leaders.
Interarch Building Products Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets (₹ Crore) | 755.01 | 675.03 | 543.75 |
| Revenue (₹ Crore) | 1,306.32 | 1,136.39 | 840.86 |
| Profit After Tax (₹ Crore) | 86.26 | 81.46 | 17.13 |
| Net Worth (₹ Crore) | 262.65 | 343.80 | 262.65 |
| Total Borrowing (₹ Crore) | 3.36 | 11.38 | 3.36 |
This table displays the company’s assets, revenue, profit after tax, net worth, and total borrowing for the financial years ending March 31st for 2024, 2023, and 2022.
KPI Of Interarch Building Products Limited
| Particulars | March 31, 2022 | March 31, 2023 | March 31, 2024 |
|---|---|---|---|
| Revenue from Operations (₹ Crore) | 83.49 | 112.39 | 129.33 |
| EBITDA (₹ Crore) | 32.89 | 106.38 | 113.01 |
| EBITDA Margin (%) | 3.94 | 9.47 | 8.74 |
| Profit (₹ Crore) | 17.13 | 81.46 | 86.26 |
| Profit Margin (%) | 2.05 | 7.25 | 6.67 |
| Return on Capital Employed (%) | 8.30 | 26.75 | 25.79 |
| Return on Equity (%) | 5.38 | 20.40 | 19.40 |
| Net Cash Generated from Operating Activities (₹ Crore) | 26.18 | 31.29 | 81.52 |
| Asset Turnover Ratio (times) | 1.65 | 1.84 | 1.81 |
| Cash Conversion Cycle (days) | 64.89 | 64.58 | 65.27 |
| Net Debt (₹ Crore) | -32.26 | -40.94 | -48.19 |
| Net Debt to EBITDA (times) | -0.98 | -0.38 | -0.43 |
| Net Debt to Equity (times) | -0.10 | -0.10 | -0.11 |
Objects of the Issue
- Financing the capital expenditure towards setting up a new PEB manufacturing unit;
- 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 upgradation of existing information
the technology infrastructure of our Company; - Funding incremental working capital requirements; and
- General corporate purposes.
Peer Group
- Everest Industries Limited
- Pennar Industries Limited
Interarch Building Products IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Interarch Building Products IPO Lead Manager
- Ambit Private Limited
- Axis Capital Limited
Interarch Building Products Limited Contact
Interarch Building Products Limited
Farm No. 8, Khasara No. 56/23/2,
Dera Mandi Road
Mandi Village, Mehrauli, New Delhi -110047,
Phone: +91-12041 70200
Email: compliance@interarchbuildings.com
Website: https://www.interarchbuildings.com/
Interarch Building Products IPO Application Form PDF
To download the Interarch Building Products IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
Analyses Of Interarch Building Products IPO
Pros:
- Strong Market Position: Ranked third in operating revenue in the PEB sector in India.
- Growing Revenue: Significant increase in revenue and profit over recent years.
- Low Debt: A positive net debt position indicates strong cash reserves.
- Expanding Capacity: Plans to increase manufacturing capabilities and upgrade facilities.
Cons:
- Profit Margin Decline: Slight decrease in EBITDA and profit margins.
- Market Volatility: Being in a cyclical industry, performance can be influenced by market fluctuations.
- High Valuation: A price band of ₹850 to ₹900 per share might be considered high by some investors, depending on market conditions.
In My Opinion: Interarch Building Products Limited’s IPO presents a promising investment opportunity, especially for those looking at companies with strong market positions and growth potential. The company’s financial performance shows a healthy upward trend, and the low debt levels are a positive sign. However, potential investors should consider the high valuation and the slight decline in profit margins. It is advisable to review current market conditions and consult with a financial advisor to make an informed decision.
FAQs
- Retail Investors: Minimum of 16 shares (₹14,400).
- S-HNI Investors: Minimum of 224 shares (₹201,600).
- B-HNI Investors: Minimum of 1,120 shares (₹1,008,000).
- Phone: +91-12041 70200
- Email: compliance@interarchbuildings.com
- Website: Interarch Building Products
