Interarch Building Products Limited IPO Details

Interarch Building Products IPO

About Interarch Building Products Limited

Interarch Building Products Limited specializes in pre-engineered steel construction solutions in India. Their services encompass design, engineering, manufacturing, and on-site project management, focusing on the installation and erection of pre-engineered steel buildings (PEBs). The company operates through two primary channels: PEB contracts and PEB sales.

• PEB Contracts: Interarch provides comprehensive turnkey solutions, managing the production and installation of PEBs at customer sites.
• PEB Sales: The company markets various pre-engineered steel building materials, including metal ceilings, corrugated roofing, and light gauge framing systems. These products are branded under names like ‘TRAC’ for suspended ceiling systems, ‘TRACDEK’ for metal roofing and cladding systems, and ‘TRACDEK Bold-Rib’ for permanent decking. Additionally, under the brand ‘Interarch Life,’ the company offers PEB steel structures, including framing systems and non-industrial PEBs, suitable for farmhouses and residential buildings.

Interarch Building Products History

Incorporated in 1983, Interarch Building Products Limited has become a key player in the Indian market for pre-engineered steel construction solutions. As of March 31, 2023, the company held the second-highest installed capacity in the sector, with 141,000 metric tonnes per year. In FY 2023, Interarch captured a 6.1% market share in operating income among integrated PEB providers in India.

Clientele and Infrastructure: Interarch serves a diverse range of customers across the industrial, manufacturing, and infrastructure sectors. Notable clients include Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and InstaKart Services Private Limited.

The company operates four manufacturing facilities located in Sriperumbudur, Tamil Nadu; Pantnagar, Uttarakhand; and Kichha, Uttarakhand. These facilities are ISO 9001:2015 certified for Quality Management Systems. Interarch also maintains a sales and marketing presence across various regions, including Punjab, Haryana, Uttar Pradesh, Tamil Nadu, Odisha, and Chhattisgarh.

Engineering Expertise: As of September 30, 2023, Interarch employs 111 structural design engineers and detailers within its in-house design and engineering team. These professionals average over eight years of experience with the company, contributing to its strong technical capabilities.

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Interarch Building Products IPO Details

Interarch Building Products Limited is launching an IPO with a total issue size of ₹600.29 crores. The IPO includes a fresh issue of 0.22 crore shares, amounting to ₹200 crores, and an offer for sale of 0.44 crore shares, aggregating to ₹400.29 crores.

• Subscription Dates: August 19, 2024, to August 21, 2024
• Price Band: ₹850 to ₹900 per share
• Lot Size:
  • Minimum lot size for retail investors: 16 shares, requiring an investment of ₹14,400.
  • Minimum lot size for small Non-Institutional Investors (sNII): 14 lots (224 shares), requiring an investment of ₹201,600.
  • Minimum lot size for big Non-Institutional Investors (bNII): 70 lots (1,120 shares), requiring an investment of ₹1,008,000.
• Listing: The shares are expected to list on BSE and NSE on August 26, 2024.
• Lead Managers: Ambit Private Limited and Axis Capital Limited
• Registrar: Link Intime India Private Ltd

For comprehensive details, please refer to the Interarch Building Products IPO RHP.

Interarch Building Products Financial Information (Restated Consolidated)

Interarch Building Products Limited reported a 15% increase in revenue and a 6% growth in profit after tax (PAT) between the financial years ending March 31, 2023, and March 31, 2024.

Interarch Building Products IPO Timeline

Interarch Building Products IPO opens on August 19, 2024, and closes on August 21, 2024.

Interarch Building Products IPO FAQs