Interarch Building Products Ltd. has announced public offering of 6669853 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 890.00 per share. The gross proceeds of the issue are expected to be Rs 60,028.68 lakhs.

The company's initial public offer (IPO) will open on 19 August 2024 and is expected to close on 21 August 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 850.00-900.00 per share.

The IPO includes a fresh Issue of 6669853 Equity Shares of the Company at an price of Rs 900.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 16 shares with bids in multiples of 16.

Interarch Building Products Ltd. anticipates using the proceeds of the issue for .

Axis Capital Ltd.,Ambit Private Limited as lead manager(s) & Link Intime India Pvt. Ltd. is the registrar, to the issue.