Interarch Building Products IPO Overview: Interarch Building Products is a New Delhi-based Peb building, prefab building and preengineered building manufacturer. The company is going to open to the public on August 12, 2024 and it will open until August 14, 2024. The share allotment date of the Interarch Building Products IPO is August 16, 2024 and the listing date is August 20, 2024.
This is a fresh-issue and book-built initial public offering (IPO), with a total issue size of ₹600.29 crore for 66.70 lakh shares. Whereas the fresh issue is ₹200 crore for 22 lakh shares and the offer for sale is ₹400.29 crore for 44 lakh shares. The price band of the Interarch Building Products IPO is set at ₹850 to ₹900 per share, and the lot size is 16 shares per lot.
You will find all the information regarding the company and its IPO on this page. This page will be updated regularly with the latest updates regarding the IPO.
Table of Contents
Interarch Building Products IPO Details
IPO Date | August 19, 2024, to August 21, 2024 |
Listing Date | Monday, August 26, 2024 |
Face Value | ₹10 per share |
Price Band | ₹850 to ₹900 per share |
Lot Size | 16 Shares |
Total Issue Size | 6,669,852 shares (aggregating up to ₹600.29 Cr) |
Fresh Issue | 2,222,222 shares (aggregating up to ₹200.00 Cr) |
Offer for Sale | 4,447,630 shares of ₹10 (aggregating up to ₹400.29 Cr) |
Employee Discount | ₹85 per share |
Issue Type | Book Built Issue IPO |
Overall Subscription | 93.43x |
Listing At | BSE, NSE |
Share holding pre issue | 14,415,892 |
Share holding post issue | 16,638,114 |
Interarch Building Products IPO Important Dates
All the important dates regarding the Interarch Building Products Limited IPO are mentioned below. Mark them on your calendar so you don’t miss any events. Interarch Building Products IPO’s opening date is Monday, August 19, 2024 and the offer will close on Wednesday, August 21, 2024. IPO’s allotment date is on Friday, August 22, 2024 and the listing date is on Tuesday, August 26, 2024
IPO Open Date | Monday, August 19, 2024 |
IPO Close Date | Wednesday, August 21, 2024 |
Basis of Allotment | Thursday, August 22, 2024 |
Initiation of Refunds | Friday, August 23, 2024 |
Credit of Shares to Demat | Friday, August 23, 2024 |
Listing Date | Monday, August 26, 2024 |
Today’s GMP for Interarch Building Products IPO
The overall subscription rates of the IPO reached at 93.43 times, and which show a high interest for Interach Building IPO at the retails and NIIs investors end. The last updated Grey Market Premium (GMP) for the Interarch Building Products Limited IPO is upto ₹410. The offering price for the Interarch Building Products IPO is between ₹850 to ₹900 per share. By combining the cap price with today’s GMP, the expected listing price of the Interarch Building Products IPO is up to ₹1300. The following table displays the trend of the Interarch Building Products IPO’s GMP over the past few days.
Interach IPO listed at 33% gains.
GMP Date | IPO Price | GMP Price |
August 26, 2024 | ₹850-₹900 | ₹288 |
August 25, 2024 | ₹850-₹900 | ₹410 |
August 24, 2024 | ₹850-₹900 | ₹410 |
August 23, 2024 | ₹850-₹900 | ₹410 |
August 22, 2024 | ₹850-₹900 | ₹390 |
August 21, 2024 | ₹850-₹900 | ₹320 |
August 20, 2024 | ₹850-₹900 | ₹355 |
August 19, 2024 | ₹850-₹900 | ₹350 |
August 18, 2024 | ₹850-₹900 | ₹352 |
August 17, 2024 | ₹850-₹900 | ₹352 |
August 16, 2024 | ₹850-₹900 | ₹352 |
August 15, 2024 | ₹850-₹900 | ₹320 |
Interarch Building Products IPO Lot Size
Interarch Building Products’s IPO offers a minimum of 16 shares per lot. Retail investors can apply for a minimum of 1 lot and a maximum of 13 lots, while high-net-worth individuals (HNIs) can apply for a minimum of 14 lots and a maximum of 69 lots.
The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 16 | ₹14,400 |
Retail (Max) | 13 | 208 | ₹187,200 |
S-HNI (Min) | 14 | 224 | ₹201,600 |
S-HNI (Max) | 69 | 1,104 | ₹993,600 |
B-HNI (Min) | 70 | 1,120 | ₹1,008,000 |
Interarch Building Products IPO Reservation Quota Offers
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50.00% of the Net offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Interarch Building Products IPO Promoter Holding Patterns
Share Holding Pre Issue | 87.53% |
Share Holding Post Issue | 0% |
Interarch Building Products Limited Financials
Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | ₹755.01 crore | ₹675.03 crore | ₹543.75 crore |
Revenue | ₹1,306.32 crore | ₹1,136.39 crore | ₹840.86 crore |
Profit After Tax | ₹86.26 crore | ₹81.46 crore | ₹17.13 crore |
Net Worth | ₹262.65 crore | ₹343.8 crore | ₹262.65 crore |
Total Debts | ₹3.36 crore | ₹11.38 crore | ₹3.36 crore |
Interarch Building Products Limited Contact Details
Farm No. 8, Khasara No. 56/23/2,
Dera Mandi Road
Mandi Village, Mehrauli, New Delhi -110047,
Phone: +91-1204170200
Email: [email protected]
FAQs
1. What is the Interarch Building Products Limited IPO’s GMP price?
The current GMP price of the Interarch Building Products IPO is ₹288.
2. On which exchange will the Interarch Building Products Ltd. IPO be listed?
Interarch Building Products IPO shares are to be listed on the NSE and BSE.
3. When is the allotment date for the Interarch Building Products Limited IPO?
The allotment date of Interarch Building Products Ltd.’s IPO is August 22, 2024.
4. What are the opening and closing dates of the Interarch Building Products IPO?
Interarch Building Products’s IPO will open on August 19, 2024 & close on August 21, 2024.
5. When is the listing date for the Interarch Building Products Limited IPO?
Interarch Building Products IPO’s listing date is August 26, 2024.
Conclusion
Interarch Building Products’s IPO presents an attractive investment venture in this creative business. Here are the subscription rate, GMP and company financials, which show that the Interarch Building Products Limited IPO will receive high interest from investors. As the firm is waiting for the Interarch Building Products IPO process, it is at the right time to utilize its industry knowledge and conquer more markets. Potential investors are advised to review their current investment approach and weigh the Interarch Building Products IPO’s advantages in consideration of today’s global climate.
To get more information and regular updates on the Interarch Building Products Limited IPO, keep in touch with The Invest Advisory.