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IPO Synopsis

Interarch Building Products Ltd
Initial public offering of [*] 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. [*] per equity share including a share premium of Rs. [*] per equity share (the "Offer Price") aggregating to Rs. [*] crores ("The Offer"). The offer comprises of a fresh issue of [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 200.00 crores by the company ("Fresh Issue") and an offer for sale of up to 4,447,630 equity shares of face value of Rs. 10 each aggregating to Rs. [*] crores comprising of up to 720,000 equity shares of face value of Rs. 10 each aggregating to Rs. [*] crores by Arvind Nanda, of up to 790,000 equity shares of face value of Rs. 10 each aggregating to Rs. [*] crores by Gautam Suri and of up to 539,930 equity shares of face value of Rs. 10 each aggregating to Rs. [*] crores by Ishaan Suri (collectively, the "Promoter Selling Shareholders"), of up to 600,100 equity shares of face value of Rs. 10 each aggregating to Rs. [*] crores by Shobhna Suri (the "Promoter Group Selling Shareholder") and of up to 1,797,600 equity shares of face value of Rs. 10 each aggregating to Rs. [*] crores by OIH Mauritius 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 includes a reservation of up to [*] equity shares of face value of Rs. 10 each, aggregating up to Rs. 2.00 crores (constituting up to [*] % 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 may, in consultation with the brlms offer a discount of up to [*]% on the offer price (equivalent to Rs. [*] per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. Price Band: Rs. 850 to Rs. 900 per equity share of face value of Rs. 10 each. The floor price is 85 times of tha face value of and tha cap price is 90 times of the face value. Bid can be made for a minimum of 16 equity share and in multiples of 16 equity share thereafter. A discount of Rs. 85 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
19-Aug-24 21-Aug-24
Money Payable On
Application Allotment
850.00 0.00
Minimum Application for shares in Nos : 16 Further Multiples of : 16
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Ambit Pvt Ltd
Project Financed through Current Offer (.Cr) 578.05  
Post Issue Equity Share Capital (.Cr) 16.64
Issue Price () 850.00
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
No Data Available
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