Interarch Building Products Limited

Lot Size
1 Lot = 16 Qty
Min Investment
₹14400
Subscription
Oversubscribed
Listing Gain
295(Points)

IPO Details

Open Date
Aug 19, 2024
Close Date
Aug 21, 2024
Allotment Date
Aug 22, 2024
Allotment Date
Aug 22, 2024
Refund Initiation
Aug 23, 2024
Demat Transfer
Aug 23, 2024
Listing Date
Aug 26, 2024
Fresh Issue
200
Offer For Sale
400.29
Issue Price
₹850 to ₹900
Face Value
₹10
Issue Type
Fresh Issue
Total Issue Size
600.29 CR
QIB + NII Quota
50 + 15%
Retail Quota
35%
Listing On
NSE & BSE
Registrar
Link Intime India Pvt Ltd
Check Allotment Status

Company Financial Rusult In Crore

PERIOD ASSET REVENUE PROFIT
31-Mar-2024 755.01 1306.32 86.26
31-Mar-2023 675.03 1136.39 81.46
31-Mar-2022 543.75 840.86 17.13
DRHP DRAFT

About The Company

Interarch Building Limited is a leading provider of turnkey pre-engineered steel construction solutions in India. The company offers integrated facilities for design, engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB).As of March 31, 2023, the company had the second-highest total installed capacity of 141,000 metric tonnes per year. In the financial year 2023, it also held a 6.1% market share in operating income among integrated PEB players in India.

The company offers PEBs through pre-engineered steel building contracts (PEB Contracts) and the sale of pre-engineered steel building materials (PEB Sales), including metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems.The company industrial/manufacturing construction category customers include Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited. In the infrastructure construction category, the company serves InstaKart Services Private Limited.

The company has four manufacturing facility out of which two are situated in Sriperumbudur, Tamil Nadu, India, one in Pantnagar, Uttarakhand and and one in and Kichha, Uttarakhand, India.The company has sales and marketing employees in Chandigarh, Punjab, and Haryana; Lucknow, Uttar Pradesh; Coimbatore, Tamil Nadu; Bhubaneshwar, Odisha; and Raipur, Chhattisgarh.

The company Manufacturing Facilities are each accredited as ISO 9001:2015 certified in Quality Management System.As of September 30, 2023, the company has 111 qualified structural design engineers and detailers in its in-house design and engineering team. On average, these team members have 8.05 years of work experience with the company.


Strength

  • Interarch Building is ranked third in operating revenue among PEB players in FY 2024.
  • The company holds the second-largest installed capacity of 141,000 MTPA in India PEB industry.
  • The company has been recognised with multiple awards, including Pre-Engineered Building Company of the Year in 2022.

Weakness

  • Interarch is highly dependent on the availability and cost of steel, making price volatility a significant threat.
  • Any disruption in the supply chain of raw materials can adversely impact Interarch Building Products Limited business and financial health.
  • Outsourcing services to third parties introduces risks, as any failure in their service delivery can negatively affect the company.

 

 

 

 

 

DISCLAIMER: None of the financial information published herein should be construed as an offer to buy or sell securities or as advice in any way. All information published herein is for educational and informational purposes only and should not be relied upon as a basis for investment decisions under any circumstances. Readers must consult a qualified financial advisor before making any actual investment decisions based on the information published herein. Any reader who makes decisions based on the information published herein does so solely at his or her own risk. Investors should be aware that any investment in equity markets is subject to unpredictable market-related risks. The author does not intend to invest in this offering.