IPO Date: 19 Aug - 21 Aug 2024
Listing Date: 26 Aug 2024
Price Range
₹850 to ₹900 per share
Issue Size
600.29 Cr
Min Investment
₹13,600
Lot Size
16 Shares
Issue open date
19 Aug 2024
Issue close date
21 Aug 2024
UPI mandate deadline
21 Aug 2024 (5 PM)
Allotment finalization
22 Aug 2024
Share credit
23 Aug 2024
Listing date
26 Aug 2024
Mandate end date
5 Sept 2024
Funds Raised in the IPO | Amount |
---|---|
Overall | 600.29 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 22 Aug 2024 |
Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
26 Aug 2024 | ₹900 | ₹336 | ₹1236 (37.33%) |
25 Aug 2024 | ₹900 | ₹320 | ₹1220 (35.56%) |
24 Aug 2024 | ₹900 | ₹337 | ₹1237 (37.44%) |
23 Aug 2024 | ₹900 | ₹337 | ₹1237 (37.44%) |
22 Aug 2024 | ₹900 | ₹355 | ₹1255 (39.44%) |
21 Aug 2024 | ₹900 | ₹365 | ₹1265 (40.56%) |
20 Aug 2024 | ₹900 | ₹354 | ₹1254 (39.33%) |
19 Aug 2024 | ₹900 | ₹335 | ₹1235 (37.22%) |
18 Aug 2024 | ₹900 | ₹325 | ₹1225 (36.11%) |
17 Aug 2024 | ₹900 | ₹325 | ₹1225 (36.11%) |
16 Aug 2024 | ₹900 | ₹310 | ₹1210 (34.44%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹850 to ₹900 per share | ₹ 11664 (32.94%) | ₹ 1486.15 | 65.13% |
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.
Founded in | 1983 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 197.29 |
Non-Institutional Investors (NIIs) | 130.91 |
Retail Individual Investors (RIIs) | 19.46 |
Employee | 25.75 |
Total | 93.79 |