Shares of Interarch Building Products Limited moved higher in early trade, gaining over 3%, after the company announced the receipt of a sizeable domestic order worth approximately ₹130 crore, including taxes. The development triggered positive sentiment among investors, reflecting confidence in the company’s order book visibility and execution capabilities.
According to the regulatory disclosure, the order has been awarded by a domestic customer, whose identity has not been disclosed due to commercial considerations. The contract carries a completion timeline of 17 months and includes a 10% advance payable along with the order, which is expected to support near-term working capital requirements.
The scope of work under the contract is comprehensive, covering complete design, engineering, manufacturing, supply, and erection of a Pre-Engineered Steel Building (PEB) system. Such integrated turnkey contracts typically strengthen revenue visibility and reinforce the company’s positioning in the domestic infrastructure and industrial construction space.
Interarch clarified that the order does not involve any promoter or promoter group interest, and it does not fall under related party transactions. This provides additional comfort to the market regarding governance and the arm’s length nature of the transaction.
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