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IPO Details


Interarch Building Products Ltd
Registered Office: Farm No 8 Khasara No 56/23/2, Dera Mandi Road Mandi Village, Mehrauli - 110047, New Delhi
Phone: +91-12041 70200
Email: compliance@interarchbuildings.com
Website: www.interarchbuildings.com
Initial public offering of 6,672,169 equity shares of face value of Rs. 10 each (Equity Shares) of Interarch Building Products Limited (The Company or the Issuer) for cash at a price of Rs. 900 per equity share including a share premium of Rs. 890 per equity share (the Offer Price) aggregating to Rs. 600.29 crores (The Offer). The offer comprises of a fresh issue of 2,224,539 equity shares of face value of Rs. 10 each aggregating to Rs. 200.00 crores by the company (Fresh Issue) and an offer for sale of 4,447,630 equity shares of face value of Rs. 10 each aggregating to Rs. 400.29 crores comprising of 720,000 equity shares of face value of Rs. 10 each aggregating to Rs. 64.80 crores by Arvind Nanda, of 790,000 equity shares of face value of Rs. 10 each aggregating to Rs. 71.10 crores by Gautam Suri and of 539,930 equity shares of face value of Rs. 10 each aggregating to Rs. 48.59 crores by Ishaan Suri (collectively, the Promoter Selling Shareholders), of 600,100 equity shares of face value of Rs. 10 each aggregating to Rs. 54.01 crores by Shobhna Suri (the promoter group selling shareholder) and of 1,797,600 equity shares of face value of Rs. 10 each aggregating to Rs. 161.78 crores by Oih Mmauritius Limited (previously known as indivision india partners) (the Investor Selling Shareholder and collectively, with the promoter selling shareholders and promoter group selling shareholder, the Selling Shareholders, and such equity shares offered by the selling shareholders, the Offered Shares). The offer included a reservation of 24,539 equity shares of face value of Rs. 10 each, aggregating to Rs. 2.00 crores(constituting 0.15% of the post offer paid-up equity share capital of the company), for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The company offered a discount of 9.44 % on the offer price (equivalent to Rs. 85 per equity share) to eligible employees bidding in the employee reservation portion (Employee Discount). The offer and the net offer constituted 40.10% and 39.95%, respectively, of the postoffer paid-up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Aug-2024 21-Aug-2024 900.00 0.00
Minimum Application for shares in Nos : 16 Further Multiples of : 16
()Cr. Lead Managers to the Issue
Project Cost 187.21 Ambit Pvt Ltd
Project Financed through Current Offer 600.29
Post Issue Equity Share Capital 16.64
Issue Price 900.00
Projects
Financing the capital expenditure towards setting up the project
Financing the capital expenditure towards upgradation of the Kichha MFG Facility I & II Tamil Nadu and Pantnagar MFG Facility
Funding investment in information technology assets for upgradation of existing information technology infrastructure of the company
Funding incremental working capital requirements
General corporate purposes
Promoted By
Arvind Nanda
Gautam Suri
Ishaa Suri
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)