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Interarch Building Products IPO
Price Band
₹850.0–900.0
Issue Size
₹600.29 Cr
Lot Size
16 shares
Min Investment
₹14,400
GMP
+₹336.0 (37.33%)
Issue Price
₹900.0
Subject to Sauda
₹4100
Paid only if allotted
Interarch Building Products IPO AI Summary
- Interarch Building Products IPO is listed on BSE, NSE in the Civil Construction sector.
- Price band: ₹850.0–₹900.0 per share, lot size 16 shares (min. investment ₹14,400).
- Subscription window: 19 Aug–21 Aug 2024, listing on 26 Aug 2024.
- Current GMP is +₹336.0 (37.33%), an estimated listing price of ₹1236 — unofficial and can change daily.
Interarch Building Products is set to list with a strong financial performance, showing significant growth in revenue and profit over recent years. The IPO aims to raise funds for expansion and operational improvements, attracting investor interest with a positive GMP.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Interarch Building Products IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 21 Aug 2024 — not a current signal.
9 of 13 reviewers say Positive
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Interarch Building Products IPO Grey Market Premium (GMP) Today
GMP
+₹336.0
GMP %
+37.33%
Est. Listing
₹1236.0
Updated: 25 Jul 2026 14:04
About the Company
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 Sriperumbudur, Tamil Nadu, India, one in Pantnagar, Uttarakhand and and one in and Kichha, Uttarakhand, India. The company has sales and marketing employees in Chandigarh, Punjab, and Haryana; Lucknow, Uttar Pradesh; Coimbatore, Tamil Nadu; Bhubaneshwar, Odisha; and Raipur, Chhattisgarh. The company's Manufacturing Facilities are each accredited as ISO 9001:2015 certified in Quality Management System. As of September 30, 2023, the company has 111 qualified structural design engineers and detailers in its in-house design and engineering team. On average, these team members have 8.05 years of work experience with the company.
Company Financials (₹ Cr)
As of 2024-03-31
| 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 |
Key Ratios
EPS
₹59.84
NAV
₹268.80
ROE
19.40%
ROCE
25.79%
RoNW
22.26%
P/B Value
0.00
P/E Ratio
15.04
Market Cap
₹1497.43 Cr
PAT Margin
7.20%
Debt/Equity
-0.11
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Pennar Industries Ltd. | 65.02 | 11.21% | 25.16 | 7.29 | 7.29 |
| Everest Industries Ltd. | 378.37 | 3.01% | 105.95 | 11.42 | 11.33 |
| Interarch Building Limited This IPO | 268.8 | 22.26% | 15.04 | 58.68 | 58.68 |
Promoters
Arvind Nanda, Gautam Suri, Ishaan Suri and Viraj Nanda
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹840.86 Cr in the year ending 31 Mar 2022, rising to ₹1,136.39 Cr by 31 Mar 2023, and further increasing to ₹1,306.32 Cr by 31 Mar 2024. This shows a steady growth in revenue over the periods.
Profit Trend
Profit After Tax was ₹17.13 Cr in the year ending 31 Mar 2022, increasing to ₹81.46 Cr by 31 Mar 2023, and further rising to ₹86.26 Cr by 31 Mar 2024. This indicates a positive trend in profitability across the reported periods.
Valuation
Interarch Building Limited's implied P/E at the issue price is approximately 15.04, while peers are trading at P/E ratios of 25.16 for Pennar Industries Ltd. and 105.95 for Everest Industries Ltd.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO compared to its issue price based on unofficial trading. A positive GMP suggests strong demand for the IPO in the grey market, while a negative GMP might indicate lower interest.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market position, and financial health.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO opens for subscription on August 19, 2024, and closes on August 21, 2024. Allotment of shares will be done on August 22, 2024, with the listing expected on August 26, 2024.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While a positive GMP may indicate potential for gains, market conditions, investor sentiment, and overall demand can significantly affect the actual listing price.
This evaluation is generated from Interarch Building Products's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Interarch Building Products IPO GMP today?
Interarch Building Products IPO GMP today is +₹336.0 (37.33%), indicating an estimated listing price of ₹1236. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Interarch Building Products IPO?
The price band of Interarch Building Products IPO is ₹850.0–₹900.0 per share.
When does Interarch Building Products IPO open and close?
Interarch Building Products IPO opens on 19 August 2024 and closes on 21 August 2024.
When does Interarch Building Products IPO list on the stock exchange?
Interarch Building Products IPO listed on 26 August 2024 at ₹1236.0.
What is the lot size for Interarch Building Products IPO?
The lot size for Interarch Building Products IPO is 16 shares, requiring a minimum investment of ₹14,400.
What is the lot size for this IPO?
The lot size for Interarch Building Products IPO is 16 shares.
What is the minimum investment required?
The minimum investment required is ₹14,400.
What is the price band for the IPO?
The price band for the IPO is between ₹850 and ₹900.
When does the IPO open and close?
The IPO opens on August 19, 2024, and closes on August 21, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
19 Aug 2024
Close
21 Aug 2024
Allotment
22 Aug 2024
Listing
26 Aug 2024
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