Interarch Building Solutions Limited has informed the Exchange about Bagging/Receiving of orders/contracts
INTERARCH · price
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Awaiting price reaction for this filing.
Interarch Building Solutions has received a new domestic purchase order from a prestigious automobile Original Equipment Manufacturer (OEM), though the customer name has been withheld due to commercial confidentiality. The order is valued at Rs. 45 Crore plus taxes and involves supply of over 3,200 metric tonnes of Pre-Engineered Steel Building systems. The scope includes complete design, engineering, manufacturing, supply, and erection work, to be completed within 6 months. The company will receive a 5% advance along with the order, and there is no promoter or group company interest in the awarding entity.
This is a significant single order win that strengthens Interarch's order book and signals continued demand from the automotive sector. The 5% advance provides some working capital support, and the 6-month execution timeline means revenue recognition will be spread over the coming quarters, potentially supporting near-term topline growth.