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Interarch Building Products Ltd

Registered Office: Farm No 8 Khasara No 56/23/2,Dera Mandi Road Mandi Village, Mehrauli - 110047, New Delhi, India.
Phone : +91-12041 70200   Fax:
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-24 21-Aug-24 900.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 16   Further Multiples of : 16
  Rs 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

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