Interarch Building Products IPO

Company Summary

Incorporated in 1983, Interarch Building Limited provides turnkey pre-engineered steel construction solutions in India. The company offers integrated facilities for design, engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB).

As of March 31, 2023, the company had the second-highest installed capacity of 141,000 metric tonnes per year. In the financial year 2023, it also held a 6.1% market share in operating income among integrated PEB players in India.

The company offers PEBs through pre-engineered steel building contracts (“PEB Contracts”) and the sale of pre-engineered steel building materials (“PEB Sales”), including metal ceilings, corrugated roofing, PEB steel structures, and light gauge framing systems.

The company’s industrial/manufacturing construction category customers include Grasim Industries Limited, Berger Paints India Limited, Blue Star Climatech Limited, Timken India Limited, and Addverb Technologies Limited. In the infrastructure construction category, the company serves InstaKart Services Private Limited.

The company has four manufacturing facilities out of which two are situated in Sriperumbudur, Tamil Nadu, India, one in Pantnagar, Uttarakhand, and one in Kichha, Uttarakhand, India.

The company has sales and marketing employees in Chandigarh, Punjab, and Haryana; Lucknow, Uttar Pradesh; Coimbatore, Tamil Nadu; Bhubaneshwar, Odisha; and Raipur, Chhattisgarh.

The company’s Manufacturing Facilities are each accredited as ISO 9001:2015 certified in Quality Management Systems.

As of September 30, 2023, the company has 111 qualified structural design engineers and detailers in its in-house design and engineering team. On average, these team members have 8.05 years of work experience with the company.