Interarch Building Products’ IPO was open from August 19-21, targeting approximately Rs 600 crore through fresh shares and an offer for sale. The company, known for its pre-engineered steel buildings, exhibited substantial financial growth in FY24. The price band for the shares ranged between Rs 850-900 per share.
FIIs cut stake in 10 smallcap stocks for 3 consecutive quarters; shares fall up to 70% in CY26
FIIs reduced stakes in 235 BSE smallcap companies for three consecutive quarters. Nine stocks suffered 50–70% declines in CY26, highlighting sustained foreign investor selling and