Interarch Building Products Grey Market Premium IPO GMP

About: Interarch Building Limited specializes in turnkey projects including pre-engineered steel construction solutions in India. The company is specilize in providing comprehensive services that include design, engineering, manufacturing and on site project for installation and creation of pre-engineered steel buildings. We will know Interarch Building Products Grey Market Premium in this blog with complete details.

Company was leading in his segment if we talk about capacity in March 2023, Interarch was held approx. 1.41 lakhs metric tones producing and was 2nd highest in the industry.

Major avenues offering by company:

1. Pre-engineered steel building contracts(PEB Contracts)
2. Sale of pre engineered steel building materials(PEB sales)

Major Customers to whom services being provided:

1. Grasim Industries Limited
2. Berger Paints India Limited
3. Blue Star Climatech Limited
4. Timken India Limited
5. Addverb Technology Limited
6. InstaKart Services Pvt Ltd

Manufacturing Units situated At:

1. Sriperumbudur(Tamil Nadu 2 units)
2. Pantnagar ( Uttarkhand 1 unit)
3. Kichha(Uttarakhand 1 unit)

Above are manufacturing plants situated at, however company operating sales and marketing officies in multiple places in india including Chandigarh, Haryana, Punjab, Lucknow, Raipur, Coimbatore, Bhubaneshwar etc.

Use of fund by Interarch Management

Out of total size of Rs.600 crore, Rs.200 crore are for fresh issue. Out of fresh issue of Rs.200 crore, Rs.55 crore would be for New plant in Andhra Pradesh, first phase of this project in Andhra started by company with his own source of money and 2nd phase of plant would be utilize from fresh IPO sources.

Further, Rs.55 crore will be utilized by company for working capital in coming future. Further more, Rs.20 crore will be utilized for existing 3 plants revamp so that productivity of the plant will increase in coming years. Rs. 10 crore will be utilized for IT upgradation so that better and faster services can be given to customers. Rest Rs.60 crore will be divided into general pool of the company and can be utilized for any purpose as per requirement.

Further, Rs.400 crore are Offer for sales and majorly withdrawing Everstone Capital Pvt equity investor. Approx. 44 lakh share in OFS out of which approx. 18 lakh share OFS of Everstone and rest OFS share of promoters. However after IPO post issue size of promoter is more than 60%

Interarch Company is always debt free never taken any loan as per director of company. Further always would be debt free is all circumstances are favorable. These factors also decide Interarch Building Products Grey Market Premium.

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Interarch Grey Market Premium

Interarch all about IPO:

Interarch Financials details below:

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Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.