Interarch Building Solutions Secures Major Rs. 165 Crore Order, Bolstering Future Pipeline
Mumbai, India – Interarch Building Solutions Limited, a prominent player in India’s pre-engineered steel building (PEB) sector, has made headlines with the announcement of a substantial new domestic order. This significant contract, valued at approximately Rs. 165 Crores plus taxes, marks a robust addition to the company’s project pipeline and underscores its strong market position.The order, received today, involves the complete design, engineering, manufacturing, supply, and erection of a sophisticated Pre-Engineered Steel Building System. This comprehensive scope highlights Interarch’s end-to-end capabilities, from conceptualization to execution, reaffirming its expertise in delivering complex infrastructural solutions. While the customer’s name remains undisclosed due to commercial considerations, the domestic nature of the project signals continued growth in India’s industrial and construction landscape.
Key Contract Details:
- Order Value: Approximately Rs. 165 Crores Plus Taxes
- Scope of Work: Complete Design, Engineering, Manufacturing, Supply & Erection of Pre-Engineered Steel Building System
- Completion Period: Approx. 15 months
- Payment Terms: 10% advance against ABG
This substantial win, with an estimated 15-month completion timeline, provides Interarch with significant revenue visibility and a robust order book for the near to medium term. The 10% advance against bank guarantee also offers a healthy working capital boost for the project. For investors, this contract reinforces Interarch’s growth trajectory and its ability to consistently secure large-scale projects in a competitive market. As India’s infrastructure development continues its upward swing, Interarch’s latest achievement positions it favorably for sustained expansion and market leadership.