Interarch Building Products Limited IPO
Interarch Building Products Limited was a mainboard IPO in the Civil Construction sector, offered at ₹850–₹900 per share to raise ₹600 crore. The issue was subscribed 93.53× overall (QIBs 205.41×, NIIs 128.42×, retail 19.11×). It listed on 26 Aug 2024 at ₹1,299 and closed its first day at ₹1,196, a listing gain of +32.9% versus the ₹900 issue price. It now trades around ₹1,460 (+62.3% versus the issue price).
Frequently asked questions
- How many times was the Interarch Building Products Limited IPO subscribed?
- The Interarch Building Products Limited IPO was subscribed 93.53× overall — 205.41× in the QIB category, 128.42× among non-institutional investors, 19.11× in retail.
- What were the Interarch Building Products Limited IPO listing gains?
- Interarch Building Products Limited listed on 26 Aug 2024 at ₹1,299, closing its first day at ₹1,196 — a listing gain of +32.9% versus the ₹900 issue price.
- What were the retail allotment odds for the Interarch Building Products Limited IPO?
- Retail was subscribed 19.11×, so a single-lot application had roughly a 5.2% chance of allotment (about 1 in 19), and allotment was finalised on 22 Aug 2024.
- What was the price band and lot size of the Interarch Building Products Limited IPO?
- The price band was ₹850–₹900 per share, with a minimum lot of 16 shares (₹14,400 at the upper band).
- Who were the registrar and lead manager for the Interarch Building Products Limited IPO?
- Link Intime India Private Limited was the registrar, and Ambit was the book-running lead manager.