Interarch Building Products IPO

Company Background: Interarch Building Limited, established in 1983, is a prominent player in India's pre-engineered steel construction industry. The company specializes in providing turnkey solutions, including design, engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB). Market Position: As of March 31, 2023, Interarch Building Limited boasted the second-highest installed capacity in the industry, with a capacity of 141,000 metric tonnes per year. The company held a 6.1% market share in operating income among integrated PEB players in India during the financial year 2023.

Product and Service Offerings: Interarch offers its products and services under two main categories:

1. Pre-Engineered Building Contracts (PEB Contracts): Providing complete turnkey solutions for steel building construction.

2. Pre-Engineered Building Sales (PEB Sales): Selling PEB materials, including metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems.

Clientele: The company's industrial and manufacturing clients include notable names like Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited. In the infrastructure sector, Interarch serves clients such as InstaKart Services Private Limited.

Manufacturing Facilities: Interarch operates four manufacturing facilities:

• Two in Sriperumbudur, Tamil Nadu

• One in Pantnagar, Uttarakhand

• One in Kichha, Uttarakhand

All facilities are ISO 9001:2015 certified for Quality Management Systems.

Sales and Marketing Network: The company has a widespread sales and marketing presence across key regions in India, including Chandigarh, Punjab, Haryana, Lucknow, Uttar Pradesh, Coimbatore, Tamil Nadu, Bhubaneshwar, Odisha, and Raipur, Chhattisgarh. Objectives of the Issue:

1. Capital expenditure for upgrading and setting up new manufacturing facilities

2. Meeting working capital requirements

3. General corporate purposes

Interarch Building Products IPO: Key Details

• IPO Dates: 19 to 21 August 2024

• Price Band: 850 to 900 Per Share

• Lot Size: 16 Shares

• IPO Size: 600 Crs

• Retail Quota: 35%

• GMP: +35% (Only for information)

  
  

Allotment Link

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