{"id":3454,"date":"2024-08-14T13:51:56","date_gmt":"2024-08-14T08:21:56","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=3454"},"modified":"2024-08-17T17:19:58","modified_gmt":"2024-08-17T11:49:58","slug":"review-of-interarch-building-products-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/review-of-interarch-building-products-ipo\/","title":{"rendered":"Review of Interarch Building Products Limited IPO: Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n<p><strong>Interarch Building Products IPO Price: <\/strong>\u20b9850 to \u20b9900 per share<strong><br>IPO Dates:<\/strong> 19 August 2024 &#8211; 21 August 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/08\/Interarch-Building-Products-logo.jpg\" alt=\"Interarch Building Products IPO\" class=\"wp-image-3463\" style=\"width:151px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/08\/Interarch-Building-Products-logo.jpg 200w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/08\/Interarch-Building-Products-logo-150x150.jpg 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\">Company Overview<\/h2>\n\n\n\n<p>Interarch Building Products Ltd was originally incorporated as Luxalon Building Products Pvt. Ltd in New Delhi on November 30, 1983. The company underwent a name change to Interarch Building Products Pvt. Ltd in January 1985 and later to Interarch Building Products Ltd in October 2023. It is one of India&#8217;s leading turnkey pre-engineered steel construction solution providers, with a robust history and established market presence.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Products and Services<\/h2>\n\n\n\n<p><strong>Pre-Engineered Steel Buildings (PEB):<\/strong><br>Interarch offers turnkey pre-engineered steel construction solutions through two primary channels:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PEB Contracts:<\/strong> Complete PEBs provided on a turnkey basis, including on-site project management expertise for installation and erection.<\/li>\n\n\n\n<li><strong>PEB Sales:<\/strong> Sale of pre-engineered steel building materials such as metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems.<\/li>\n<\/ul>\n\n\n\n<p><strong>Brands:<\/strong><br>The company\u2019s product offerings include metal suspended ceiling systems under the TRAC\u00ae brand, metal roofing and cladding systems under the TRACDEK\u00ae brand, and light gauge framing systems (LGFS). The TRACDEK\u00ae brand also includes permanent metal decking over steel framing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Manufacturing and Capacity<\/h2>\n\n\n\n<p>Interarch operates four vertically integrated manufacturing facilities that are strategically located across India. Two of these facilities are in Sriperumbudur, Tamil Nadu, while the others are in Pantnagar and Kichha, Uttarakhand. These facilities allow the company to manage production and supply across various regions efficiently. As of March 31, 2024, Interarch had an installed capacity of 141,000 metric tonnes per annum (MTPA), making it the second-largest in India\u2019s pre-engineered steel-building industry. <\/p>\n\n\n\n<p>To further enhance its manufacturing capabilities, the company plans to set up additional facilities in Andhra Pradesh and Gujarat. The Andhra Pradesh facility is particularly noteworthy, as it will be developed in two phases, adding an extra 40,000 MTPA to the company\u2019s total production capacity. This expansion will enable Interarch to meet growing demand and reinforce its position as a leader in the industry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Position<\/h2>\n\n\n\n<p>In the financial year 2024, Interarch held a 6.5% market share in India&#8217;s pre-engineered steel building industry in terms of operating income, up from 6.1% in FY2023. The company was ranked third in operating revenue from the PEB business among integrated players in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Customer Base and Order Book<\/h2>\n\n\n\n<p>Interarch boasts a diverse customer base, serving prominent companies across various sectors. The company\u2019s clientele includes industry giants such as Grasim Industries, Berger Paints India, Blue Star Climatech, Timken India, and Addverb Technologies in the industrial and manufacturing construction category. InstaKart Services Private Limited is one of its key customers in the infrastructure sector. <\/p>\n\n\n\n<p>Interarch has established long-term relationships with many of its clients, with three of the top five customer groups maintaining a business relationship for over five years. This strong customer loyalty is reflected in the company\u2019s financial performance, with repeat orders contributing \u20b91,052.67 crore, or 81.39% of its revenue from operations in FY2024. The company\u2019s order book has also seen significant growth, rising to \u20b91,153.29 crore in FY2024 from \u20b9841.04 crore in FY2022, with the number of orders increasing from 133 to 179 over the same period. This robust order book underscores Interarch\u2019s strong market position and its ability to secure and execute large-scale projects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Competitive Strengths<\/h2>\n\n\n\n<p><strong>Market Position:<\/strong> Interarch holds a strong market position with an established brand presence in India\u2019s growing pre-engineered steel building industry.<\/p>\n\n\n\n<p><strong>Integrated Operations:<\/strong> The company\u2019s operations are significantly integrated, with in-house design and engineering, manufacturing, on-site project management, and sales and marketing capabilities.<\/p>\n\n\n\n<p><strong>Track Record:<\/strong> Interarch has a demonstrated track record of successful project execution, having completed 677 PEB Contracts from FY2015 to FY2024.<\/p>\n\n\n\n<p><strong>Customer Relationships:<\/strong> The company has built long-standing relationships with key customers, with three of the top five Customer Groups associated for over five years.<\/p>\n\n\n\n<p><strong>Experienced Leadership:<\/strong> Interarch\u2019s success is supported by experienced and qualified promoters and management teams who have guided the company\u2019s strategic growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;61dd1ba065&quot;'\n\tdata-attributes='{&quot;cId&quot;:&quot;a700935a-d&quot;,&quot;destDate&quot;:&quot;2024-08-19T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 1)&quot;},&quot;boxBG&quot;:{&quot;type&quot;:&quot;solid&quot;,&quot;color&quot;:&quot;var(--ast-global-color-5)&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg,rgb(254,209,199) 45%,rgb(254,141,198) 100%)&quot;},&quot;boxBorder&quot;:{&quot;radius&quot;:&quot;5%&quot;,&quot;color&quot;:&quot;var(--ast-global-color-3)&quot;,&quot;width&quot;:&quot;3px&quot;},&quot;boxShadow&quot;:{&quot;color&quot;:&quot;rgba(57, 64, 67, 1)&quot;,&quot;hOffset&quot;:&quot;2px&quot;,&quot;vOffset&quot;:&quot;2px&quot;,&quot;blur&quot;:&quot;10px&quot;,&quot;spreed&quot;:&quot;2px&quot;},&quot;digitColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;labelColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;isSep&quot;:true,&quot;sepSize&quot;:68,&quot;sepColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;align&quot;:&quot;&quot;,&quot;layout&quot;:&quot;default&quot;,&quot;isResponsive&quot;:true,&quot;boxIsInline&quot;:false,&quot;boxPosition&quot;:&quot;center&quot;,&quot;isLabels&quot;:true,&quot;isDays&quot;:true,&quot;daysLabel&quot;:&quot;Days&quot;,&quot;isHours&quot;:true,&quot;hoursLabel&quot;:&quot;Hours&quot;,&quot;isMinutes&quot;:true,&quot;minutesLabel&quot;:&quot;Minutes&quot;,&quot;isSeconds&quot;:true,&quot;secondsLabel&quot;:&quot;Seconds&quot;,&quot;isExpired&quot;:false,&quot;hideOn0&quot;:false,&quot;hideOnMobile&quot;:false,&quot;hideOnTablet&quot;:false,&quot;prefixSuffixDirection&quot;:&quot;row&quot;,&quot;prefixText&quot;:&quot;&quot;,&quot;suffixButtonText&quot;:&quot;&quot;,&quot;suffixButtonUrl&quot;:&quot;#&quot;,&quot;addID&quot;:&quot;&quot;,&quot;addClass&quot;:&quot;&quot;,&quot;addCSS&quot;:&quot;&quot;,&quot;width&quot;:&quot;0px&quot;,&quot;background&quot;:{&quot;color&quot;:&quot;#0000&quot;},&quot;alignment&quot;:&quot;center&quot;,&quot;boxWidth&quot;:&quot;170px&quot;,&quot;boxHeight&quot;:&quot;120px&quot;,&quot;boxSpace&quot;:&quot;30px&quot;,&quot;digitTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;48px&quot;,&quot;tablet&quot;:&quot;40px&quot;,&quot;mobile&quot;:&quot;32px&quot;}},&quot;labelTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;18px&quot;,&quot;tablet&quot;:&quot;17px&quot;,&quot;mobile&quot;:&quot;16px&quot;}},&quot;isDaysSingleStyle&quot;:false,&quot;daysBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;daysDigitColor&quot;:&quot;#fff&quot;,&quot;daysLabelColor&quot;:&quot;#fff&quot;,&quot;isHoursSingleStyle&quot;:false,&quot;hoursBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;hoursDigitColor&quot;:&quot;#fff&quot;,&quot;hoursLabelColor&quot;:&quot;#fff&quot;,&quot;isMinutesSingleStyle&quot;:false,&quot;minutesBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;minutesDigitColor&quot;:&quot;#fff&quot;,&quot;minutesLabelColor&quot;:&quot;#fff&quot;,&quot;isSecondsSingleStyle&quot;:false,&quot;secondsBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Interarch Building Products IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>August 19, 2024 to August 21, 202<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, August 26, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9850 to \u20b9900 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>16 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>6,669,852 shares<br>(aggregating up to \u20b9600.29 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>2,222,222 shares<br>(aggregating up to \u20b9200.00 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>4,447,630 shares<br>(aggregating up to \u20b9400.29 Cr)<\/td><\/tr><tr><td>Employee Discount<\/td><td>\u20b985 per share<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>14,415,892<\/td><\/tr><tr><td>Share holding post issue<\/td><td>16,638,114<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Interarch Building Products IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Monday, August 19, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Wednesday, August 21, 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Thursday, August 22, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Friday, August 23, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Friday, August 23, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, August 26, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on August 14, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Interarch Building Products IPO<\/strong> Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 16 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>16<\/td><td>\u20b914,400<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>208<\/td><td>\u20b91,87,200<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>224<\/td><td>\u20b92,01,600<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>69<\/td><td>1,104<\/td><td>\u20b99,93,600<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>70<\/td><td>1,120<\/td><td>\u20b910,08,000<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Interarch Building Products IPO<\/strong> Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Interarch Building Products Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<p>Interarch Building Products Limited experienced a notable 15% growth in revenue and a commendable 6% increase in profit after tax (PAT) when comparing the financial year that concluded on March 31, 2024 with the one ending on March 31, 2023.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>543.75<\/td><td>675.03<\/td><td>755.01<\/td><\/tr><tr><td>Revenue<\/td><td>840.86<\/td><td>1136.39<\/td><td>1306.32<\/td><\/tr><tr><td>Profit After Tax<\/td><td>17.13<\/td><td>81.46<\/td><td>86.26<\/td><\/tr><tr><td>Net Worth<\/td><td>262.65<\/td><td>343.8<\/td><td>262.65<\/td><\/tr><tr><td>Total Borrowing<\/td><td>3.36<\/td><td>11.38<\/td><td>3.36<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong>Interarch Building Products IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap <\/td><td>\u20b9 1497.43 Cr<\/td><\/tr><tr><td>ROE<\/td><td>19.40%<\/td><\/tr><tr><td>ROCE<\/td><td>25.79%<\/td><\/tr><tr><td>EPS<\/td><td>\u20b959.84<\/td><\/tr><tr><td>P\/E (x)<\/td><td>23.05<\/td><\/tr><tr><td>Debt\/ Equity<\/td><td>0.67<\/td><\/tr><tr><td>RoNW<\/td><td>45.49%<\/td><\/tr><tr><td>P\/BV<\/td><td>14.97<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of Mar 31, 2024<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company intends to use the net proceeds to achieve the following objectives:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Capital Expenditure<\/strong>: To finance the capital expenditure required for establishing a new PEB manufacturing unit, which is classified as Phase 2 of the capacity development plan at the proposed Andhra Pradesh Manufacturing Facility.<\/li>\n\n\n\n<li><strong>Upgradation of Existing Facilities<\/strong>: To finance the capital expenditure necessary for upgrading the Kichha Manufacturing Facility, Tamil Nadu Manufacturing Facilities I and II, and the Pantnagar Manufacturing Facility.<\/li>\n\n\n\n<li><strong>Investment in IT Infrastructure<\/strong>: To fund the investment in IT assets aimed at enhancing the company\u2019s existing information technology infrastructure.<\/li>\n\n\n\n<li><strong>Working Capital<\/strong>: To meet the incremental working capital requirements.<\/li>\n\n\n\n<li><strong>General Corporate Purposes<\/strong>: To cover expenses for general corporate purposes.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-bf0f474c935387288021a0654d5a96a2\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/mar-2024\/interarch-building-products-limited-drhp_82452.html\" target=\"_blank\" rel=\"noreferrer noopener\">Interarch Building Products Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-baf58d83bffcdd612d7684353c03d004\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/aug-2024\/interarch-building-products-limited-rhp_85658.html\" target=\"_blank\" rel=\"noreferrer noopener\">Interarch Building Products Limited IPO RHP.<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interarch Building Products IPO Price: \u20b9850 to \u20b9900 per shareIPO Dates: 19 August 2024 &#8211; 21 August 2024 Company Overview Interarch Building Products Ltd was originally incorporated as Luxalon Building Products Pvt. Ltd in New Delhi on November 30, 1983. The company underwent a name change to Interarch Building Products Pvt. 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