Interarch Building Products IPO Date, Review, Price, Allotment Details

Interarch Building Products IPO Details: Interarch Building Products IPO date not is fixed, the IPO is to hit the market on August 19, 2024 and will close on August 21, 2024. Interarch Building Products IPO to raise around ₹600.29 crores via IPO that comprises fresh issue of ₹200.00 crores and offer for sale up to 4,447,630 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Interarch Building Products is one of the leading turnkey pre-engineered steel construction solution providers 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). (Source: CRISIL Report) They were ranked third in terms of operating revenue from PEB business in the Financial Year 2023 among integrated PEB players in India. The company further had the second largest aggregate installed capacity of 141,000 metric tonnes per annum (MTPA) as of March 31, 2023, and a market share of 6.1% in terms of operating income in the Financial Year 2023 among integrated PEB players in India. (Source: CRISIL Report) Their PEB offerings are designed, engineered, and fabricated by them to customer requirements, and find use in construction for industrial, infrastructure, and building (residential, commercial, and non-commercial) end-use applications. They have delivered PEBs for projects ranging from multi-level warehouses for customers engaged in e-commerce to paint production lines for customers engaged in manufacturing of paints and, the fast-moving consumer goods (FMCG) sector for setting up manufacturing units for manufacturing their products. They have also supplied large-span PEBs for indoor stadiums and customers engaged in the cement industry. During the period from Financial Year 2015 to Financial Year 2023 and the six months ended September 30, 2023, they completed the execution of 623 PEB Contracts, thereby demonstrating their extensive track record in the PEB industry.

They offer their PEBs by way of: (a) pre-engineered steel building contracts (PEB Contracts), wherein they provide complete PEBs on a turn-key basis to their customers, and as a part of which, they also provide on-site project management expertise for the installation and erection of PEBs supplied by us at their customers’ sites; and (b) sale of pre-engineered steel building materials (PEB Sales), which includes (i) sale of metal ceilings and corrugated roofing (comprising metal suspended ceiling systems (under the brand, TRAC®), metal roofing and cladding systems (under the brand, TRACDEK®) and permanent/metal decking (lost shuttering) over steel framing (under the brand, TRACDEK® Bold-Rib)); (ii) supply of PEB steel structures (comprising, amongst other things, primary and secondary framing systems; as well as complete PEBs, such as non-industrial PEB buildings for non-industrial use, such as farmhouses and residential buildings (under the brand, “Interarch Life”)) for erection and installation by third party builders/erectors, and (iii) light gauge framing systems (LGFS).

Interarch Building Products IPO Date & Price Band Details

Interarch Building Products IPO Allotment & Listing Dates

The Interarch Building Products IPO date is 19, 2024 and the close date is August 21, 2024. The Interarch Building Products IPO allotment will be finalized on August 22, 2024 and the IPO listing on August 26, 2024.