Interarch Building Solutions Limited — Others, 13-08-2025: Monitoring Agency Report

Interarch Building Solutions has submitted its IPO fund utilization report for the quarter ended June 30, 2025. The company raised Rs 200.00 Cr gross proceeds through its IPO. A significant update is the reallocation of Rs 9.50 Cr, approved by shareholders, from original objects towards a new manufacturing facility in Andhra Pradesh. This strategic land acquisition aims to capitalize on growing demand and strengthen market position. The report indicates proceeds were utilized for civil work, machinery orders, ERP solution adoption, and working capital. Remaining unutilized funds of Rs 41.81 Cr are primarily held in fixed deposits.