Interarch Building Products Limited (MAINBOARD)
Aug 19, 2024 - Aug 21, 2024
| Price | ₹850 - ₹900 |
| Premium | ₹336 |
|---|---|
| Lot size | 16 |
| Allotment | Aug 22, 2024 |
| Listing | Aug 26, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 16 | 14400 | 145417 |
| sHNI | 14 | 224 | 201600 | 1484 |
| bHNI | 70 | 1120 | 1008000 | 2968 |
Last updated on 21-Aug-2024 22:01:19
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 1329526 | 262298016 | 197.29 |
| HNIs | 997145 | 130552304 | 130.93 |
| HNIs 10+ | 664764 | 98593744 | 148.31 |
| HNIs 2+ | 332381 | 31958560 | 96.15 |
| Retail | 2326670 | 45365120 | 19.5 |
| Employees | 24540 | 633200 | 25.8 |
| Total | 4677881 | 438848640 | 93.81 |
Application Wise Breakup (Approx) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 2968 | 82610 | 27.83 |
| HNIs (2-10L) | 1484 | 136188 | 91.77 |
| Retail | 145417 | 2195239 | 15.1 |
| Total Applications: 2442444 | |||
| © IPO Premium | |||
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 119.66 | 23606.82 | 197.29 |
| FIIs | - | 3665.31 | - |
| DIIs | - | 11165.27 | - |
| Mutual funds | - | 497.74 | - |
| Others | - | 7573.3 | - |
| HNIs | 89.74 | 11749.71 | 130.93 |
| HNIs 10+ | 59.83 | 8873.44 | 148.31 |
| HNIs 2+ | 29.91 | 2876.27 | 96.15 |
| Retail | 209.4 | 4082.86 | 19.5 |
| Employees | 2.21 | 56.99 | 25.8 |
| Total | 421.01 | 39496.38 | 93.81 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹238.37 | @8% ₹272.42 | @9% ₹306.48 | @10% ₹340.53 | @11% ₹374.58 | @12% ₹408.63 |
Interarch Building Products IPO Details
| Total Issue Size | [6669852] 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) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 14,415,892 |
| Share holding post issue | 16,638,114 |
Interarch Building Products IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 5.38% | 20.40% | 19.40% |
| ROCE | 8.30% | 26.75% | 25.79% |
| RONW | 22.26% | 23.69% | 6.52% |
| EPS Basic | 58.68 | 54.31 | 11.42 |
| P/E Pre IPO | 15.04 | ||
| P/E Post IPO | 17.36 |
Interarch Building Limited Financial Information (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 755.01 | 675.03 | 543.75 |
| Revenue | 1,306.32 | 1,136.39 | 840.86 |
| Profit After Tax | 86.26 | 81.46 | 17.13 |
| Net Worth | 262.65 | 343.8 | 262.65 |
| Total Borrowing | 3.36 | 11.38 | 3.36 |
| Amount in Crore | |||
About Company
Incorporated in 1983, Interarch Building Limited stands as a prominent player in India’s pre-engineered steel construction sector, delivering comprehensive turnkey solutions that encompass design, engineering, manufacturing, and project management for pre-engineered steel buildings (PEB). As of March 31, 2023, the company boasted the second-highest installed capacity in the industry at 141,000 metric tonnes per year and held a 6.1% market share in operating income among integrated PEB providers in India. Its product offerings include PEB Contracts and PEB Sales, which cover metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems. Interarch's clientele spans prominent industrial and infrastructure players such as Grasim Industries Limited and InstaKart Services Private Limited. The company operates four ISO 9001:2015 certified manufacturing facilities across Sriperumbudur and Kichha in Uttarakhand, India, and maintains a strategic sales and marketing presence in key cities including Chandigarh, Lucknow, Coimbatore, Bhubaneshwar, and Raipur. As of September 30, 2023, Interarch's in-house design and engineering team comprises 111 qualified structural design engineers and detailers, each with an average of 8.05 years of experience with the company.
AMBIT PRIVATE LIMITED
Comprehensive Integrated Operations: Interarch Building Limited excels with its vertically integrated approach, offering end-to-end solutions from design and engineering to manufacturing and onsite project management, ensuring seamless project execution and high-quality outcomes.
Strong Market Position: With the second-highest installed capacity in India and a notable 6.1% market share in operating income among PEB players, the company has established a significant presence and competitive edge in the growing pre-engineered building industry.
Proven Track Record: The company’s successful execution of numerous pre-engineered steel building projects for prominent industrial and infrastructure clients highlights its reliability and expertise in delivering complex projects efficiently.
Raw Material Dependency: Fluctuations in the availability and cost of essential raw materials like steel, or disruptions in their supply, can negatively impact the company's business operations, profitability, and financial stability.
Under-Utilization of Manufacturing Capacity: Inefficient use or under-utilization of expanded manufacturing capacities could harm the company's operational efficiency, future growth prospects, and financial performance.
Supplier Reliance: The company’s reliance on a limited number of third-party suppliers, without exclusive agreements, poses a risk if suppliers fail to deliver raw materials on time, potentially affecting business continuity and financial health.
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