Interarch Building Products' IPO opens today, offering a three-day subscription window for investors. The company aims to raise ₹600.29 crore through this public issue, which includes a fresh issue of shares worth ₹200 crore and an offer for sale by promoters.
The IPO is priced between ₹850-₹900 per share, with a minimum investment of ₹14,400. Market interest is high, as the company's unlisted shares are trading at a 36% premium. Major brokerages like Reliance Securities and SBI Securities recommend considering the investment.