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:
Pre-Engineered Building Contracts (PEB Contracts): Providing complete turnkey solutions for steel building construction.
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:
Capital expenditure for upgrading and setting up new manufacturing facilities
Meeting working capital requirements
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)
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matters published here are purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor before making any actual investment decisions, based on the information published here. Any reader making decisions based on any information published here does so entirely at their own risk. Investors should bear in mind that any investment in the stock market is subject to unpredictable market-related risks. The author has no plans to invest in this offer and also the author does not recommend investing in any offer published on this website.