About Interarch Building Products:
They design, manufacture, and sell pre-engineered steel buildings (PEBs) through two methods: (a) PEB Contracts, offering turnkey solutions with on-site project management, and (b) PEB Sales, including metal ceilings, roofing, steel structures, and framing systems. Components are manufactured at a plant and transported in a knocked-down form for assembly and erection at the customer’s site.
About the Industry in which Interarch Building Products operates:
Pre-engineered steel construction has become an innovative building method due to the rapid growth of automation in the construction industry. The global pre-engineered steel buildings market, valued at $16-17 billion in 2022, is projected to grow at a CAGR of 11-12% through 2027. This market is expected to expand significantly due to increasing awareness of modern off-site construction techniques and rising demand for green buildings, leading to a shift from traditional to pre-engineered steel buildings.
| Important Information and Timelines of the IPO of Interarch Building Products: | |
|---|---|
| Open Date | 19 August 2024 |
| Close Date | 21 August 2024 |
| Total Issue Size – Number of Shares | 6669852 |
| Minimum Bid Price | 850 |
| Maximum Bid Price | 900 |
| Lot Size | 16 |
| Basis of Allotment | 22 August 2024 |
| Initiation of Refunds and Credit of Shares to Demat | 23 August 2024 |
| Listing Date | 26 August 2024 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Interarch Building Products:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 16 | 14400 |
| Retail – Maximum | 13 | 208 | 187200 |
| sHNI – Minimum | 14 | 224 | 201600 |
| sHNI – Maximum | 69 | 1104 | 993600 |
| bHNI – Minimum | 70 | 1120 | 1008000 |
Objective of the IPO of Interarch Building Products:
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Financing the capital expenditure towards setting up the Project.
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Financing the capital expenditure towards upgradation of the Kichha Manufacturing Facility, Tamil Nadu Manufacturing Facility I, Tamil Nadu Manufacturing Facility II and Pantnagar Manufacturing Facility
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Funding investment in information technology assets for upgradation of existing information technology infrastructure of our Company
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Funding incremental working capital requirements
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General corporate purposes
Financials of Interarch Building Products:
| Particulars | As at and for the Financial Year ended March 31, 2022 | As at and for the Financial Year ended March 31, 2023 | As at and for the Financial Year ended March 31, 2024 |
|---|---|---|---|
| Equity share capital | 150.01 | 150.01 | 144.16 |
| Net Worth | 2,626.47 | 3,437.99 | 3,875.04 |
| Revenue from operations | 8,349.43 | 11,239.26 | 12,933.02 |
| Restated profit for the year | 171.33 | 814.63 | 862.62 |
| Basic earnings | 11.42 | 54.31 | 58.68 |
| Diluted earnings | 11.42 | 54.31 | 58.68 |
| Net asset value | 175.09 | 229.19 | 268.80 |
| Total borrowings | 33.61 | 113.84 | 102.03 |
| EBITDA Margin | 3.94 | 9.47 | 8.74 |
| Profit Margin | 2.05 | 7.25 | 6.67 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Interarch Building Products. You will receive a UPI mandate after 10:00 AM on 19 August 2024.
###1. How to apply for the IPO of Interarch Building Products on Dhan?
You can apply for the IPO of Interarch Building Products from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Interarch Building Products be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 23 August 2024. However, you will be able to see the shares of Interarch Building Products on Dhan before the market starts on the listing date which is 26 August 2024.