Arun Kejriwal Decodes: Interarch Building IPO vs. Orient Technologies IPO – Which One Should You Subscribe To?

The Interarch Building Products IPO closes today, while the Orient Technologies IPO is making its debut on the stock market. Investors are showing strong interest in both IPOs, with non-institutional investors favoring Interarch and retail investors leaning towards Orient Technologies.

Comparing Issue Sizes

The Interarch Building Products IPO includes a fresh issue worth ₹200 crore and an offer-for-sale of up to 44.47 lakh shares valued at ₹400 crore, totaling ₹600 crore. In contrast, the Orient Technologies IPO comprises a fresh issue of ₹120 crore and an offer-for-sale of up to 46 lakh equity shares valued at ₹95 crore, resulting in a total issue size of ₹215 crore.

Business Focus

Interarch Building Products specializes in pre-engineered steel construction solutions, positioning itself as a leader in a less crowded market. Orient Technologies, on the other hand, is a rapidly growing IT solutions provider, focusing on hardware, services, and IT-enabled solutions.

Expert Opinion

Arun Kejriwal, founder of Kejriwal Research and Investment Services, suggests that investors could potentially see higher returns from the Interarch Building Products IPO due to its strong order book, consistent growth, and healthy profit margins.

Strategic Shifts at Orient Technologies

Kejriwal also notes that Orient Technologies is shifting its focus from hardware sales, which currently make up about 50-52% of its revenue, to service offerings. The company is also exploring new sectors like data centers and cybersecurity to diversify its revenue streams.

Conclusion

While both IPOs have their strengths, Kejriwal believes that investing in the Interarch Building Products IPO could offer more significant financial rewards.