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Interarch Building Products announces Rs 850-900 price band for Rs 600 crore IPO. Check details
The IPO includes a fresh issuance of shares valued at Rs 200 crore and an offer for sale (OFS) of up to 44.48 lakh shares, each with a face value of Rs 10. At the upper price band of Rs 900, the OFS is expected to be worth approximately Rs 400.28 crore. In the OFS, Arvind Nanda, Gautam Suri, Ishaan Suri, Shobhna Suri, and OIH Mauritius Limited will be selling portions of their stakes.