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Interarch Building Products IPO
Interarch Building Products Ltd
₹13,600 /16 sharesMinimum Investment
Interarch Building Products IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 19 Aug ‘24 - 21 Aug ‘24 | ₹13,600 | 16 | ₹850 - ₹900 |
| Issue Size | IPO Doc |
|---|---|
| 600.29Cr | RHP PDF |
Subscription rate
As of 21 Aug'24, 04:00 PM
| Qualified Institutional Buyers | 157.87x |
| Non-Institutional Investor | 125.16x |
| Retail Individual Investor | 17.60x |
| Employees | 22.50x |
| Total | 79.11x |
About Interarch Building Products
Founded in
1983
Managing director
Mr. Arvind Nanda
Parent organisation
Interarch Building Products Ltd
Strengths & Financials of Interarch Building Products
Strengths
Risks
Interarch Building Products has completed 677 PEB contracts during FY15 to FY24, delivering a wide range of projects. These projects include multi-level warehouses for e-commerce clients, paint production lines for the paint manufacturing industry, manufacturing units for the fast-moving consumer goods (FMCG) sector, large-span PEBs for indoor stadiums, and facilities for the cement industry.
The company's clientele spans many sectors. In the industrial and manufacturing construction sectors, clients include Grasim Industries Limited, Berger Paints India Limited, Timken India Limited, and Addverb Technologies Limited. In the infrastructure construction sector, they service warehousing and logistics service providers.
Interarch Building Products operates with the support of design and engineering centers located in Noida, Uttar Pradesh; Chennai, Tamil Nadu; and Hyderabad, Telangana. These centres help the company to provide customised PEBs tailored to specific customer requirements. Additionally, they facilitate ongoing enhancements and improvements in the company's processes and designs.
The manufacturing facilities of Interarch Building Products hold ISO 9001:2015 certification for quality management systems.
Interarch Building Products has invested in advanced computer-aided design technologies. Utilising tools such as Staad Pro, MBS, FrameCad, Tekla, AutoCAD, and ZWCAD, the team can precisely meet the design and detailing specifications required by their clients. As part of their PEB contracts, the company provides on-site project management for the installation and erection of PEBs at customer sites for efficient and accurate construction processes.
The company's revenue from operations has shown a consistent increase, rising from Rs 834.94 crore in FY22 to Rs 1,123.93 crore in FY23, and further to Rs 1,293.30 crore in FY24. Profit after tax (PAT) also increased during this period, from Rs 17.13 crore in FY22 to Rs 81.46 crore in FY23 and to Rs 86.26 crore in FY24.
Interarch Building Products relies heavily on the consistent and affordable supply of raw materials, particularly steel. Fluctuations in the availability or cost of these materials can significantly impact the company's performance.
A substantial portion of Interarch's revenue comes from repeat customers, particularly those within the same corporate group. In FY22, FY23, and FY24, repeat orders accounted for 58.62%, 80.42%, and 81.39% of revenue from operations, respectively. A loss or decline in these repeat orders could negatively affect the company's operations and financial health.
Pre-engineered building (PEB) contracts contributed 86.39% in FY22, 87.74% in FY23, and 75.67% in FY24 to Interarch Building Products’ revenue. Any loss or significant reduction in revenue from PEB contracts could adversely impact the company’s business.
Some of the orders bagged by Interarch Building Products have been cancelled in the past. Any repeat of this in the future could impact the company’s revenue from operations.
The company's manufacturing operations are primarily based in Tamil Nadu and Uttarakhand. Any disruptions in either of these locations due to social, political, or economic factors or natural events could negatively impact the company's operations and financial health.
The company, its promoters, group companies, and directors are currently involved in various legal proceedings. Any adverse judgments in these cases could harm the company's business prospects.
As of May 31, 2024, Interarch's total debt stood at Rs 298.76 crore.
Interarch Building Products Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Interarch Building Products IPO
| Apply as | Price band | Apply upto |
|---|---|---|
| Regular | ₹850 - 900 | ₹2 Lakh |
| Employee | ₹765 - 815 | ₹2 Lakh |
| High Networth Individual | ₹850 - 900 | ₹2 - 5 Lakh |
For Interarch Building Products IPO, eligible investors can apply as Regular & Employee.