The organization is a top-tier supplier of complete pre-engineered steel construction solutions in India, possessing comprehensive facilities for design and engineering, production, and on-site project management skills for the assembly and setup of pre-engineered steel buildings (PEB).
As of March 31, 2024, Interarch Building Products was the second-largest integrated PEB operator in India, with an aggregate installed capacity of 141,000 metric tonnes per annum (MTPA). Its operating income market share in the Financial Year 2024 was 6.5%.
Interarch Building Products intends to modernize one of its manufacturing facilities and establish a new PEB manufacturing unit with the funds acquired through the public offering. Additional working capital needs and investments in information technology (IT) assets will be covered by the proceeds. The funds will also be utilized for standard business needs.
Interarch Building Products IPO Details
| IPO Open Date | August 19, 2024 |
| IPO Close Date | August 21, 2024 |
| Listing Date | Monday, August 26, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹850 to ₹900 per share |
| Lot Size | 16 Shares |
| Total Issue Size | 6,669,852 shares
(aggregating up to ₹600.29 Cr) |
| Fresh Issue | 2,222,222 shares (aggregating up to ₹200.00 Cr) |
| Offer for Sale | 4,447,630 shares of ₹10
(aggregating up to ₹400.29 Cr) |
| Employee Discount | Rs 85 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Interarch Building Products Financials
| FY 2023 | FY 2024 | |
| Revenue | 1,123.93 | 1,293.30 |
| Expenses | 1,027.44 | 1,190.43 |
| Net income | 81.46 | 86.26 |
| Margin (%) | 7.25 | 6.67 |
| RONW (%) | 23.69 | 22.26 |
| NAV | 238.75 | 269.10 |
| ROCE (%) | 26.75 | 25.79 |
| EBITDA (%) | 9.47 | 8.74 |
| Debt/Equity | 0.04 | 0.03 |
About – Interarch Building Products
Founded in 1983, Interarch Building Products Limited offers complete pre-engineered steel building solutions throughout India. For the installation and construction of pre-engineered steel buildings, they provide integrated facilities for design, engineering, manufacture, and on-site project management.
Well-known companies like Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited are among Interarch’s manufacturing sector clients.
The PEB series is used in construction for industrial, infrastructural, and building (residential, commercial, and non-commercial) end uses. It is designed, engineered, and built by us in accordance with customer requirements. They have provided PEBs for a variety of projects, from multi-story warehouses for e-commerce clients to paint shops for clients in the paint and fast-moving consumer goods (“FMCG”) manufacturing industries to construct production units for their product manufacture.
