Interarch Building Products IPO Review, Date, Price, GMP

Interarch Building Products is one of India’s leading turnkey pre-engineered steel construction solution providers, offering integrated facilities for design and engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB). Additionally, the company held the second-largest aggregate installed capacity of 141,000 metric tonnes per annum (MTPA) as of March 31, 2023.

Interarch Building Products PEB offerings are customized to meet customer requirements and are utilized in industrial, infrastructure, and building (residential, commercial, and non-commercial) applications. The company has executed many projects, from multi-level warehouses for e-commerce clients to paint production lines for FMCG companies. They have also delivered large-span PEBs for indoor stadiums and the cement industry. 

Interarch Building Products offers its PEBs through two primary channels: (a) pre-engineered steel building contracts (PEB Contracts), where the company provides complete PEBs on a turnkey basis, including on-site project management for installation and erection; and (b) the sale of pre-engineered steel building materials (PEB Sales), which includes metal ceilings, corrugated roofing, PEB steel structures, non-industrial PEB buildings under the brand “Interarch Life,” and light gauge framing systems (LGFS).

Interarch’s industrial/manufacturing clients include Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited. In contrast, its infrastructure clients include InstaKart Services Private Limited.

Interarch Building Products IPO Complete Details:

Interarch Building Products IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP Of Interarch Building Products is Around 333 Rs.

Objects Of Issue:

1. Financing the capital expenditure for setting up a new PEB manufacturing unit as part of Phase 2 of the capacity development plan at the planned Andhra Pradesh Manufacturing Facility (“Project”).

2. Financing the capital expenditure for upgrading the Kichha Manufacturing Facility, Tamil Nadu Manufacturing Facility I, Tamil Nadu Manufacturing Facility II, and Pantnagar Manufacturing Facility.

3. Funding investment in information technology (IT) assets to upgrade the existing IT infrastructure of the company.

4. Funding incremental working capital requirements.

5. Covering general corporate purposes.

Promoters:

• ARVIND NANDA
• GAUTAM SURI
• ISHAAN SURI
• VIRAJ NANDA

FAQs: