Interarch Building Products IPO all set to launch on August 19: Offer size, price band, lot size, financials, and more

Interarch Building Products IPO: Interarch Building Products Limited IPO is all set to open on Monday, August 19, and will continue till Wednesday, August 21.

The company’s 87.53% stake is being held by the promoter Interarch Building Products Limited which includes Arvind Nanda, Viraj Nanda, Gautam Suri, and Ishaan Suri.

The Interarch Building Products IPO consists of a fresh issue of 22.2 lakh shares which are worth around Rs 200 crore and the company will also issue OFS of 44.4 lakh shares worth Rs 400.2 crore.

The total book-building issue of Interarch Building Products IPO is Rs 600.2 crore.

The Interarch Building Products IPO set a price band of Rs 850 to Rs 900 per share.

The minimum lot size that investors can bid is 16 shares while for retail investors, the minimum investment is Rs 14,400.

Interarch Building Products Limited IPO status is expected to be finalized on Thursday, August 22. However, the company has set aside 50% of the public issue for Qualified Institutional Buyers(QIB).

While 35% has been reserved for retail investors, the remaining 15% has been set aside for Non-Institutional Investors (NIIs).

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About Interarch Building Products Limited Financial Status

In the financial year 2023-24, the company revenue went up by 15% to Rs 1,306.3 crore against Rs 1,136.3 crore last year.

The company’s NPAT surged by 6% to Rs 86.26 crore in FY24 from Rs 81.46 crore in the financial year 2022-23.

However, the company’s net worth went down by 23% to Rs 262.65 crore in FY24.

Interarch Building Products Limited’s Financial Status also has a 6.1% share of the operating income market among PEB players in India.

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About the Interarch Building Products Limited

Interarch Building Products Limited was founded in 1983 and offers turnkey pre-engineered steel construction solution services.

The company provides design and engineering services, and it also provides manufacturing and on-site project management for pre-engineered steel buildings.

The company has four factories in Tamil Nadu, Uttarakhand, and Uttarakhand.

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