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
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| 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.
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|
| 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
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|
| |
(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 |
|
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