Interarch Building Products IPO

Company Details

Interarch Building Products ltd is one of the leading turnkey pre-engineered steel construction solution providers in India with integrated facilities for design and engineering, manufacturing, on-site project management capabilities for the installation and erection of pre-engineered steel buildings (“PEB”). (Source: CRISIL Report)

 

They were ranked third in terms of operating revenue from PEB business in the Financial Year 2023 among integrated PEB players in India. (Source: CRISIL Report) Their Company further had the second largest aggregate installed capacity of 141,000 metric tonnes per annum (“MTPA”) as at March 31, 2024 and a market share of 6.5% in terms of operating income in Financial Year 2024 among integrated PEB players in India. (Source: CRISIL Report)

They primarily manufacture their products in-house at their ftheir manufacturing facilities ("Manufacturing Facilities”), comprising two Manufacturing Facilities in Sriperumbudur, Tamil Nadu, India (“Tamil Nadu Manufacturing Facility I” and “Tamil Nadu Manufacturing Facility II”), and one each in Pantnagar, 237 Uttarakhand, India (“Pantnagar Manufacturing Facility”), and Kichha, Uttarakhand, India (“Kichha Manufacturing Facility”), As at March 31, 2024 their Manufacturing Facilities had an aggregate installed capacity of 141,000 MTPA. See “-Manufacturing Facilities” on page 255. As of the date of this Red Herring Prospectus, their Manufacturing Facilities are supplemented by three dedicated design and engineering centres situated in Noida, Uttar Pradesh, India; Chennai, Tamil Nadu, India; and Hyderabad, Telangana India, which enable us to firstly, offer customized PEBs in accordance with their customers’ requirements and, secondly, to continually undertake incremental enhancements and improvements of their processes and design, thereby simultaneously contributing towards enhancement of their design compliance and engineering standards which create efficient PEB designs. They are supported by their dedicated in-house on-site project management team. They have established eight sales and marketing offices in eight cities to cater to their customers across India

Their PEB offerings are designed, engineered and fabricated by us in accordance with customer requirements, and find use in construction for industrial, infrastructure and building (residential, commercial and non-commercial) end-use applications. They have delivered PEBs for projects ranging from multi-level warehouses for customers engaged in e-commerce to paint production lines for customers engaged in manufacturing of paints and, fast-moving consumer goods (“FMCG”) sector for setting up manufacturing units for manufacturing their products. They have also supplied large-span PEBs for indoor stadiums and customers engaged in the cement industry. During the from Financial Year 2015 to Financial Year 2024 they completed execution of 677 PEB Contracts, thereby demonstrating their extensive track record in the PEB industry.

 

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