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Interarch Building Solutions Ltd
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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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Interarch Building Solutions Ltd
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Rs Cr |
Lead Managers to the Issue |
| 187.21 |
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| 600.29 |
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| 16.64 |
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| Rs.
900.00
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| Projects |
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Financing the capital expenditure towards setting up the project
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Financing the capital expenditure towards upgradation of the Kichha MFG Facility I & II Tamil Nadu and Pantnagar MFG Facility
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Funding investment in information technology assets for upgradation of existing information technology infrastructure of the company
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Funding incremental working capital requirements
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General corporate purposes
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| Arvind Nanda |
| Gautam Suri |
| Ishaa Suri |
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