Interarch Building Products IPO: Open/Close Date, Price, Lot Size, Allotment & Subscription

IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

To be announced

Investor category and sub category

Retail Individual Investors | Qualified Institutional Bidders | Non-Institutional Bidders |

About Interarch Building Products Limited

Established in 1997, Interarch Building Products Limited stands out as a premier turnkey pre-engineered steel construction solution provider in India. With fully integrated facilities for design, engineering, manufacturing, and on-site project management, they specialise in the installation and erection of pre-engineered steel buildings (PEB).

Their offerings include pre-engineered steel building contracts (PEB Contracts) and the sale of pre-engineered steel building materials (PEB Sales), catering to various sectors such as industrial/manufacturing, infrastructure, and building construction.

Ranked third in operating revenue from PEB business in FY 2023 among integrated PEB players in India, Interarch Building Products Limited boasts the second-largest aggregate installed capacity of 141,000 metric tonnes per annum as of March 31, 2023. They hold a notable 6.1% market share in terms of operating income.

Their extensive track record, domain expertise, established brand presence, and market position align 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. Interarch's commitment to end-to-end solutions and collaboration with industry leaders underscores their contribution to critical industrial, commercial, and infrastructure projects.

Industry Outlook

India's steel consumption is forecasted to grow, driven by a 7.6% GDP increase in FY2024, fueling demand for Interarch's PEB solutions in infrastructure projects.
Government initiatives like Make in India and the Smart Cities Mission are expected to boost steel usage, benefiting Interarch with potential projects and increased market share.

Interarch Building Products IPO Details

Interarch Building Products Limited IPO Dates

The exact dates are yet to be announced.

Interarch Building Products Limited IPO Price Band

Interarch Building Products Limited is a Book Built Issue IPO. The price range per share is yet to be announced.

Interarch Building Products Limited IPO Lot Size

The lot size is yet to be announced.

Interarch Building Products IPO Objectives

The company plans to allocate the net proceeds from the issue for the following purposes:

The primary objective of the fresh issue is to finance the capital expenditure required for setting up a new pre-engineered steel building (PEB) manufacturing unit at the Andhra Pradesh Manufacturing Facility.
To finance the capital expenditures necessary to upgrade their existing manufacturing facilities located in Kichha, Tamil Nadu I, Tamil Nadu II, and Pantnagar.
To allocate funds towards investing in IT assets to upgrade their existing information technology infrastructure.
A portion of the net proceeds will fund incremental working capital requirements ensuring support for day-to-day operations and other business activities.
The remaining portion will be used for general corporate purposes, providing flexibility and support for various ongoing and future initiatives to sustain growth and enhance shareholder value.

Peer Details

The following are the listed peers of Interarch Building Products Limited:

Everest Industries Limited
Pennar Industries Limited

How To Check the Allotment Status of the Interarch Building Products Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

Log in to the Angel One app.
Go to the IPO Section and then to IPO Orders.
Select the individual IPO that you had applied for and check the allotment status.
Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Interarch Building Products Limited

Registered office: Farm No. 8, Khasara No. 56/23/2, Dera Mandi Road, Mandi Village, Mehrauli, New Delhi 110 047, Delhi, India

Phone: +91-12041 70200

E-mail: compliance@interarchbuildings.com

IPO Financials

Particulars	As of September 30,2023	Year ending on March 31, 2023	Year ending on March 31, 2022	Year ending on March 31, 2021
Total Income (in ₹ million)	5,984.56	11,363.92	8,408.57	5,835.43
Profit After Tax (PAT) (in ₹ million)	345.74	814.63	171.33	64.37
Assets (in ₹ million)	6,995.97	6,750.25	5,437.54	4,690.26
Net Worth (in ₹ million)	2,398.55	2,626.47	3,437.99	3,347.89
Total Borrowings (in ₹ million)	19.54	33.61	113.84	37.40

Know before investing

Strengths

Interarch Building Products Limited holds a strong market position and an established brand presence in the growing pre-engineered steel building industry in India. The company was ranked third in terms of operating revenue from PEB business in FY 2023 among integrated PEB players in India, with a significant market share and an extensive track record of completing PEB contracts.
The company has good integrated manufacturing operations, including in-house design and engineering, on-site project management, and robust sales and marketing capabilities. This vertical integration allows Interarch Building Products Limited to maintain quality control, cost-effectiveness, and timely project completion throughout the product life cycle.
The company has built a diverse customer base across various sectors, including industrial/manufacturing, infrastructure, and building construction. Its long-standing relationships with key customers reflect trust, reliability, and satisfaction, providing a solid foundation for future growth and expansion opportunities.
The company aims at expanding its geographical footprint to cater to strategic markets in India and overseas presenting a promising opportunity for Interarch Building Products Limited. With existing manufacturing facilities, design and engineering centres, and sales offices strategically located, the company can further penetrate target markets and acquire new customers.

Risks

Interarch Building Products Limited heavily relies on the availability and cost of raw materials, especially steel, for its operations. Any disruption in the timely supply or price volatility of raw materials may adversely impact the company's business, financial condition, and cash flows.
The company's operations are dependent on its Manufacturing Facilities and effective project management capabilities. Any disruption, slowdown, or shutdown in manufacturing operations could negatively impact its business.
The company's performance is influenced by macroeconomic factors such as economic downturns, inflation, interest rates, and currency fluctuations. Adverse economic conditions or industry-specific challenges could affect demand for pre-engineered steel buildings, project timelines, and overall business performance.
As a manufacturing and construction-related company, Interarch Building Products Limited is subject to various regulatory requirements, environmental standards, and compliance obligations. Non-compliance with regulations, changes in regulatory frameworks, or legal disputes could lead to penalties, reputational damage, and operational disruptions.