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Open
19 Aug 2024
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Close
21 Aug 2024
3
Allotment
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Listing
Mon, Aug 26, 2024
Price Band
₹850 to ₹900
Issue Size
66,72,169 shares (agg. up to ₹600 Cr)
Lot Size
16 Shares
Listing Date
Mon, Aug 26, 2024
Latest GMP
₹336
Est. Gain
37.33%
✦ AI Insight
GMP Trend
26-08-2024₹336Est. ₹1236+37.33%
25-08-2024₹320Est. ₹1220+35.56%
24-08-2024₹337Est. ₹1237+37.44%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 65.75x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 755.01 | 675.03 | 543.75 |
| Total Income | 1,306.32 | 1,136.39 | 840.86 |
| Profit After Tax | 86.26 | 81.46 | 17.13 |
| NET Worth | 262.65 | 343.80 | 262.65 |
| Total Borrowing | 3.36 | 11.38 | 3.36 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹341.40 (-2.79%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹493.20 (-0.76%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.40 (-1.86%) |
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹75.00 (+0.00%) |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹312.00 (+0.00%) |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹27.50 (+4.17%) |
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹117.45 (-3.61%) |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹23.95 (-3.62%) |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹54.35 (-3.98%) |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹57.70 (-0.43%) |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹115.20 (-3.19%) |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹158.35 (-2.88%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 (-1.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹64.50 (-4.94%) |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹162.00 (+1.25%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.00 (-0.24%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Financing the capital expenditure towards setting up the Project | 58.53 |
| 2 | 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 | 19.25 |
| 3 | Funding investment in information technology assets for upgradation of existing information technology infrastructure of the Company | 11.39 |
| 4 | Funding incremental working capital requirements | 55.00 |
| 5 | General corporate purposes | 43.04 |
About Interarch Building Products IPO
Incorporated in 1983, Interarch Building Limited provides 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 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's 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 Sri
Contact Details
Interarch Building Products Ltd. AddressFarm No.8, Khasara No.56/23/2Dera Mandi RoadMandi Village, MehrauliNew Delhi, New Delhi, 110047+91-12041 70200compliance@interarchbuildings.comVisit Website