Interarch Building Solutions News and Updates

Name: Latest research reports of Interarch Building Solutions Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Interarch Building Solutions Ltd.
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Author: HDFC Securities

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Interarch Building Solutions Ltd.

13 Sep 2024

2397.90

0.55%

Interarch Building Products Q1FY25: Net profit rises 5% to Rs 20.3 cr

Business Standard

Interarch Building Products Ltd has reported a 5 per cent increase in consolidated net profit at Rs 20.3 crore for the quarter ended June. Its net profit stood at Rs 19.4 crore in the year-ago period. Net revenue rose 3 per cent to Rs 303.4 crore in April-June period of this fiscal from Rs 293.7 crore in the corresponding period of the previous year, the company said in a statement on Thursday. Arvind Nanda, Managing Director, Interarch Building Products Ltd, said the order book as at end of August 24 stands at Rs 1,350 crore. "We have successfully inaugurated our 5th state-of-the-art PEB (Pre-Engineered Building) manufacturing plant in Athivaram, Andhra Pradesh. This marks the company's 4th fully integrated unit, designed to enhance production capabilities significantly," he said. The new plant, set to increase installed capacity by 60,000 tonne per annum over two phases, will raise the company's overall installed capacity to 2 lakh tonne per annum, Nanda said. "We expect to mai

Interarch Building Solutions Ltd. is trading above all available SMAs

Interarch Building Solutions Ltd.

05 Sep 2024

2397.90

0.55%

Interarch Building Products up 7% on inaugurating new manufacturing plant

Business Standard

The uptick in the company's share price came after the company inaugurated phase 1 of the 5 state-of-art Pre-engineered steel (PEB) manufacturing plant (4th fully integrated unit) in Andhra Pradesh.

ICICI Direct increased Buy price target of Interarch Building Solutions Ltd. to 3200.0 on 11 Nov, 2025.

Interarch Building Solutions Ltd.

26 Aug 2024

2397.90

0.55%

Interarch Building Products' shares surge nearly 34% in market debut

Business Standard

Shares of construction solutions provider Interarch Building Products Ltd on Monday ended with a premium of nearly 34 per cent against the issue price of Rs 900. The stock made its debut at Rs 1,291.20, surging 43.46 per cent from the issue price on the BSE. During the day, it zoomed 46.22 per cent to Rs 1,316. Shares of the firm ended at Rs 1,196.45, up 32.93 per cent. At the NSE, it listed at Rs 1,299, a jump of 44.33 per cent. The stock ended at Rs 1,203.10, surging 33.67 per cent. The company's market valuation stood at Rs 1,990.94 crore. In traded volume terms, 6.47 lakh shares of the firm were traded at the BSE and 70.50 lakh shares at the NSE during the day. The initial public offering of Interarch Building Products got subscribed a whopping 93.46 times on the last day of subscription on Wednesday. The Rs 600-crore initial share sale had a price range for the offer at Rs 850-900 per share. Proceeds from the fresh issue will be used for capital expenditures, system upgrad

Interarch Building Solutions has gained 56.79% in the last 1 Year

Interarch Building Solutions Ltd.

26 Aug 2024

2397.90

0.55%

Interarch Building Plans Capacity Expansion With Rs 1,300 Crore Order Book In Hand

NDTV Profit

The company's capacity addition is on track, with expansion of Gujarat operations and building of a new plant in Andhra Pradesh.

Interarch Building Solutions Ltd. is trading above all available SMAs

Interarch Building Solutions Ltd.

21 Aug 2024

2397.90

0.55%

Interarch Building Products IPO gets subscribed to 93.46 times on last day

Business Standard

The initial public offer of construction solutions provider Interarch Building Products got subscribed a whopping 93.46 times on the last day of subscription on Wednesday. The Rs 600-crore initial share sale received bids for 43,87,96,464 shares against 46,91,585 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) received 205.41 times subscription while the quota for Non-Institutional Investors fetched 128.42 times subscription. The Retail Individual Investors (RIIs) part got subscribed 19.11 times. The initial public offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 44,47,630 equity shares. The price range for the offer is fixed at Rs 850-900 per share. The IPO of Interarch Building Products was fully subscribed on the first day of subscription on Monday. The initial share sale will conclude on August 21. Proceeds from the fresh issue will be used for capital expenditures, system upgrades and general corporat

Interarch Building Solutions Ltd. is trading above all available SMAs

Interarch Building Solutions Ltd.

19 Aug 2024

2397.90

0.55%

Interarch Building Products IPO gets fully subscribed on Day 1 of offer

Business Standard

The initial public offer of construction solutions provider Interarch Building Products got fully subscribed on the first day of subscription on Monday. The Rs 600 crore initial share sale received bids for 1,49,85,152 shares against 46,91,585 shares on offer, translating into 3.19 times subscription, as per NSE data. The portion for non-institutional investors fetched 7.85 times subscription, while the category for Retail Individual Investors (RIIs) got subscribed 2.75 times. The quota for Qualified Institutional Buyers (QIBs) received 27 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 44,47,630 equity shares. The price range for the offer is Rs 850-900 per share. The initial share sale will conclude on August 21. Proceeds from the fresh issue will be used for capital expenditures, system upgrades and general corporate purposes. Interarch Building Products is one of the leading turnkey pre-engineered s

ICICI Direct increased Buy price target of Interarch Building Solutions Ltd. to 3200.0 on 11 Nov, 2025.

Interarch Building Solutions Ltd.

19 Aug 2024

2397.90

0.55%

IPO Note-Interarch Building Products Limited-19082024

IPO Note: Interarch Building Solutio...

HDFC Securities

Issue Snapshot: Issue Open: August 19 August 21, 2024 Price Band: Rs. 850 900 (Discount of Rs 85 per share for all eligible employees) *Issue Size: Up to Rs 600.29 cr (including Fresh issue of Rs 200 cr + Offer for sale of 4,447,630 eq share including employee reservation of upto Rs.2 cr Reservation for: QIB upto 50% eq sh Non-Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 10 Book value: Rs 268.80 (March 31, 2024) Bid size: - 16 equity shares and in multiples thereof 100% Book built Issue IPO Note-Interarch Building Products Limited

89.71% Gain from 52W Low

Interarch Building Solutions News and Updates

Keep track of all breaking news on Interarch Building Solutions from all sources in a single place.