Today here we are provided the Interarch Building Products LTD IPO 2024. The company is provided with the latest news and updates. So check the Interarch Building Products Limited, a pioneer in pre-engineered steel building solutions in India, which is set to launch its Initial Public Offering (IPO). At that time various IPO were available and many more came. It’s time to get the Interarch Building Company. The Interarch Building Products IPO Allotment, 2024 Date, including lot price, lot size, how to apply, and the latest news check below.
Interarch Building Products IPO Allotment 2024
Interarch Building Products IPO Details –
Here is the one day to go the check the Interarch Building IPO Lot 2024 Allotment issued date, You need to check the IPO further details like price issued and share price issued.
Interarch Building Products IPO is a book-built issue, with a total size of ₹600.29 crores. The IPO comprises a fresh issue and an offer for sale (OFS), where the company and its promoters will offer shares to the public.
| IPO General Information Highlights | Details |
|---|---|
| IPO Issue Opening Date | 19th August 2024 |
| IPO Issue Closing Date | 21st August 2024 |
| IPO Price Band | ₹850.00 – ₹900.00 Per Share |
| IPO Issue Size | ₹600.29 Cr |
| Fresh Issue | ₹200.00 Cr |
| Offer for Sale | ₹400.29 Cr |
| Face Value | ₹10 Per Equity Share |
| Listing At | BSE, NSE |
| Retail Quota | Not less than 35.00% of the Offer |
| IPO Issue Type | Book Build Issue |
| Promoter Holding Pre-IPO | 87.53% |
| Official Portal | Interarch Building Products IPO |
Interarch Building Products Limited Overviews
Founded in 1983, Interarch Building Products Limited specializes in providing complete pre-engineered steel building solutions across India. The company offers a range of services, including design, engineering, manufacturing, and on-site project management. As a diverse clientele, including major names like Grasim Industries Limited, Berger Paints India Limited, and Blue Star Climatech Limited, Interarch has established itself as a leader in the pre-engineered buildings (PEB) industry.
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Interarch Building Investor Selling Details
The IPO includes a fresh issue of around 22 Lakh equity shares, aggregating up to ₹200 crore. The offer for sale (OFS) involves the sale of 4,447,630 equity shares by the promoters and investors. Key stakeholders involved in the OFS include:
- Arvind Nanda – Offloading 720,000 shares
- Gautam Suri –Offloading 790,000 shares
- Ishaan Suri – Offloading 539,930 shares
- Shobhna Suri – Offloading 600,100 shares
- OIH Mauritius Limited – Offloading 1,797,600 shares
Interarch Building Products IPO Date, Schedule
The following table summarizes the tentative schedule for the IPO, which will be available, Check the Allotment Start and Last date to get the lot in your account.
| Event | Date |
|---|---|
| Open Date | Monday, 19th August 2024 |
| Close Date | Wednesday, 21st August 2024 |
| Basis of Allotment | Thursday, 22nd August 2024 |
| Initiation of Refunds | Friday, 23rd August 2024 |
| Shares to Demat | Friday, 23rd August 2024 |
| Listing Date | Monday, 26th August 2024 |
Interarch Building Products IPO Lot Size
Investors interested in participating in the Interarch Building IPO can bid for a minimum of 16 shares and in multiples thereof. The following table provides an overview of the lot sizes and the corresponding investment amounts for retail investors and High Net Worth Individuals (HNIs):
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 16 | 14,400 |
| Retail (Max) | 13 | 208 | 187,200 |
| S-HNI (Min) | 14 | 224 | 201,600 |
| S-HNI (Max) | 69 | 1,104 | 993,600 |
| B-HNI (Min) | 70 | 1,120 | 1,008,000 |
How to Apply for Interarch Building IPO Allotment
Investors can apply for the Interarch Building IPO through various channels, including online and offline methods. Here’s a step-by-step guide to applying for the IPO –
- Log in to your net banking account.
- Navigate to the IPO section and select Interarch Building IPO.
- Enter the number of shares you wish to apply for and the bid price.
- The amount will be blocked in your bank account until the IPO allotment.
Through UPI get Lot Size Online
- Download an IPO application from your broker’s platform.
- Fill in the details, including the number of shares and the bid price.
- Submit the form and confirm the UPI mandate via your UPI app.
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