Interarch Building Products IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Interarch Building Products IPO. Explore Interarch Building Products IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Founded in 1983, Interarch Building Products Limited is one of India's leading turnkey pre-engineered steel construction solution providers. With over 30 years of experience in the industry, Interarch specializes in designing, engineering, manufacturing, and managing the on-site installation and erection of pre-engineered steel buildings (PEBs). The company’s integrated capabilities, including in-house design and engineering, advanced manufacturing, and robust on-site project management, enable it to provide end-to-end solutions that meet the evolving needs of its customers.
Key Points:
- Industry Leadership: Ranked third in terms of operating revenue from PEB business in FY 2023 and holding a 6.5% market share in FY 2024 among integrated PEB players in India.
- Comprehensive Offerings:
- PEB Contracts: Turnkey solutions including design, engineering, manufacturing, and on-site installation.
- PEB Sales: Sale of pre-engineered steel building materials, including metal ceilings, roofing systems, and light gauge framing systems.
- Diverse Applications: PEBs designed for industrial, infrastructure, and building applications, including manufacturing plants, warehouses, residential buildings, and indoor stadiums.
- Key Clients: Collaborates with industry leaders in sectors such as industrial manufacturing, infrastructure, and building construction, including companies like Grasim Industries, Berger Paints, and Timken India.
- Integrated Capabilities: In-house design, engineering, manufacturing, and on-site project management capabilities ensure high-quality, customized PEB solutions.
- Brand Legacy: Operates under well-established brands, “TRAC®” and “TRACDEK®”, known for quality and reliability in the PEB market.
Objects of the Issue
- financing the capital expenditure towards setting up a new PEB manufacturing unit
- 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
- funding investment in information technology (“IT”) assets for upgradation of existing information technology infrastructure of the Company;
- funding incremental working capital requirements
- general corporate purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 19 Aug - 21 Aug 2024 |
| IPO Price Band | ₹ 850 - 900 per share |
| Fresh Issue | ₹ 200 crore |
| Offer For Sale | 4,447,630 shares (₹ 400.29 crore) |
| Total IPO Size | Approx ₹ 600.29 crore |
| Face Value | ₹ 10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 19 Aug 2024 |
| IPO Closing Date | 21 Aug 2024 |
| Basis Of Allotment | 22 Aug 2024 |
| Refunds | 23 Aug 2024 |
| Demat Transfer | 23 Aug 2024 |
| IPO Listing Date | 26 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 583.54 | 840.86 | 1,136.39 | 1,306.32 |
| Total Expenses | 575.68 | 818.27 | 1,027.44 | 1,190.43 |
| Net Profit/Loss | 6.44 | 17.13 | 81.46 | 86.26 |
| NPM (*) | 1.12 | 2.05 | 7.25 | 6.67 |
| Total Assets | 469.03 | 543.75 | 675.03 | 755.01 |
| Total Liabilities | 169.37 | 225.44 | 275.75 | 310.38 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 4.29 | 11.42 | 54.31 | 58.68 |
| ROE (%) | 2.15 | 5.38 | 20.40 | 19.40 |
| ROCE (%) | 3.21 | 8.30 | 26.75 | 25.79 |
| D/E Ratio | 0.02 | 0.02 | 0.04 | 0.03 |
| Current Ratio | 1.88 | 1.79 | 1.83 | 1.71 |
| EBITDA MARGIN (%) | 1.92 | 3.94 | 9.47 | 8.74 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Interarch Building Products Limited | 1,293.30 | 15.34 | 58.68 | 22.26 | 268.80 |
| Everest Industries Limited | 1,575.45 | 105.95 | 11.33 | 3.01 | 378.37 |
| Pennar Industries Limited | 3,130.57 | 25.16 | 7.29 | 11.21 | 65.02 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 197.29 |
| Non-Institutional Investor (NII/HNI) | 130.91 |
| Retail Individual Investor (RII) | 19.46 |
| Total | 93.79 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- ARVIND NANDA
- GAUTAM SURI
- ISHAAN SURI
- VIRAJ NANDA
Lead Managers
- Ambit Private Limited
- Axis Capital Limited
Company Address
Interarch Building Products Limited
Farm No. 8, Khasara No. 56/23/2, Dera Mandi Road, Mandi Village, Mehrauli, New Delhi 110 047, Delhi, India
Phone: +91-12041 70200
Email: compliance@interarchbuildings.com
Website: www.interarchbuildings.com
FAQs
- What is the issue size of the Interarch Building Products IPO?The Interarch Building Products IPO has an issue size of Approx ₹ 600.29 crore. This includes a fresh issue of ₹ 200 crore and an offer for sale (OFS) of 4,447,630 shares (₹ 400.29 crore).
- What is the price band of the Interarch Building Products IPO?The price band for the Interarch Building Products IPO is ₹ 850 - 900 per share.
- What are the bidding dates for the Interarch Building Products IPO?The Interarch Building Products IPO will open for bidding on 19 Aug 2024 and close on 21 Aug 2024.
- What is the allotment date for the Interarch Building Products IPO?The allotment date for the Interarch Building Products IPO is 22 Aug 2024.
- What is the listing date for the Interarch Building Products IPO?The listing date for the Interarch Building Products IPO is 26 Aug 2024.
- What is the Interarch Building Products IPO grey market premium?The grey market premium (GMP) for the Interarch Building Products IPO is currently at ₹336, with an expected listing gain of approximately 37.33%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.