Interarch Building Products Limited IPO Achieves 10.83x Subscription Rate on Day 2!Interarch Building Products Limited IPO Achieves 10.83x Subscription Rate on Day 2!

Interarch Building Products Limited IPO saw varied subscription levels on Day 2: Qualified Institutional Buyers (QIBs) subscribed at 1.47 times, Non-Institutional Investors at 30.81 times, Retail Institutional Investors (RIIs) at 7.30 times, and Employees at 11.74 times, with overall total subscription at 10.83 times.

Interarch Building Products Limited IPO Subscription Status

Interarch Building Products Limited IPO saw huge interest on Day 1, with the issue being subscribed 3.19 times. This level of subscription reflects a decent initial market reception towards the company’s potential and industry contributions.

How to check Interarch Building Products Limited IPO Subscription Status?

Steps to check Interarch Building Products Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Interarch Building Products Limited’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Interarch Building Products Limited IPO Allotment Status

The allotment date for the Interarch Building Products Limited IPO is set for August 22, 2024, with shares priced at a range from ₹850 to ₹900 per share and a face value of ₹ 10. The offering consists of lots of 16 shares, with bids accepted for these lots or their multiples.

Interarch Building Products Limited IPO Listing Date 

Interarch Building Products Limited IPO is expected to be listed on the NSE SME on August 26, 2024.