Inter art building projects IPO is going to hit the market on 19 August 2024 and will close on 21 August 2024. They are going to raise around 600.29 crores from issue of IPO.
Inter art building project has been commenced in 1984 in high and metal interior products market. It is one of the leading companies in pre engineer Steel construction providers in India with design and engineering manufacturing and onsite project management.
Interarch Building Products IPO Date & Price Band Details
| IPO Open | August 19, 2024 |
| IPO Close | August 21, 2024 |
| IPO Size | Approx 600.29 Crores, 6,669,852 Equity Shares |
| Fresh Issue | Approx ₹200 Crores, 2,222,2 Equity Shares |
| Offer for Sale | Approx ₹400.29 Crores, 4,447,630 Equity Shares |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹850 to 900 Per Share |
| IPO Listing On | BSE & NSE |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NIL Quota | 15% |
IPO Allotment & Listing Dates
| IPO Open Date | August 19, 2024 |
| IPO Close Date | August 21, 2024 |
| Basis of Allotment | August 22, 2024 |
| Refunds | August 23, 2024 |
| Credit to Demat Account | August 23 2024 |
| IPO Listing Date | August 26, 2024 |
The company has currently around 6.1% of market share in terms of operating incomes in the sector of Pre-engineered building market. The company has been ranked third in terms of operating revenues from Pre-engineered building business in the financial year 2023 considering all the PEB players in India.
Interarch building projects have completed around 677 peb projects from financial year 2015 to financial year 2024. The company has Pan India coverage with handling its operations from the design and engineering centers located in Noida, Uttar Pradesh, Chennai, Tamil Nadu and Hyderabad these centers help company to fulfill the specific customer requirements and improvements in the companies process and designs the company holds ISO certification for its manufacturing facilities and also full feel all the quality management systems.
Specialties
Pre-Engineered Steel Building Systems, TRACDEK Metal Roof & Wall Cladding Systems, Light Building Systems, TRAC False Ceiling Systems, Pre-Engineered Steel Building Systems, PEB, Turnkey Project Execution, Multi-Storey Steel Buildings for Hospitals, Malls, Offices, Institutional Pre-Engineered Steel Buildings for Schools and Colleges, #LGFS, Steel Buildings for Railways and Metro Stations, metal decking Solution, and Data Center in Steel.
Interarch Building Products Company Financial Report
₹ in Crores
| Year | Revenue | Expense | PAT |
|---|---|---|---|
| 2022 | ₹840.86 | ₹818.27 | ₹17.13 |
| 2023 | ₹1136.39 | ₹1027.44 | ₹81.46 |
| 2024 | ₹1306.32 | ₹1190.43 | ₹86.26 |
Objectives of the Issue
- Funding for working capital requirements
- Funding for investment in information technology sector 2 enhance the companies IT infrastructure.
- Financing for the capital expenditure of the manufacturing facilities
- Financing for the development of Andhra Pradesh manufacturing facility phase 2.
Grey Market Price of Interarch building projects
The grey market price for this IPO right now on 19th August 2024 stands at rupees 310 that is 34% of issue price.
Interarch Building Products IPO Registrar
- Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: interarch.ipo@linkintime.co.in
- Website: https://linkintime.co.in/initial_offer/public-issues.html
Peer Group
Everest Industries Limited
Pennar Industries Limited
Company Promoters
Arvind Nanda
Gautam Suri
Ishaan Suri
Viraj Nanda
Interarch Building Products Limited Contact Details
Interarch Building Products Limited
Farm No. 8, Khasara No. 56/23/2,
Dera Mandi Road
Mandi Village, Mehrauli, New Delhi -110047,
Phone: +91-12041 70200
Email: compliance@interarchbuildings.com
Website: https://www.interarchbuildings.com