Incorporated in 1995, Shankara Building Products Ltd is retailers of home improvement and building products in India. They offer a wide range of products at their stores which includes structural steel, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products.
As of September 24, 2016, they operated 100 Shankara BuildPro stores covering the end-user segments of urban and semi-urban markets in Andhra Pradesh, Goa, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Tamil Nadu, Telangana, and Puducherry. The company also manufactures, assembles, processes, trades in, imports, exports, or deals in a range of steel sheets, steel roofing sheets, walling products, accessories, and steel structures and purlins used for construction of various types of building structures, as well as steel pipes, tubes and pipe fittings and iron and steel and allied products and engages in general hardware and general wholesale trading activities.
They serves home owners, architects and contractors and small enterprises and housing, general engineering, automotive, renewable energy, agriculture, and construction and infrastructure sectors. They also carry reputed third party brands such as Sintex, Uttam Galva, Uttam Value, Futura, APL Apollo and Alstone and their own brands such as CenturyRoof, Ganga and Loha at their retail stores.
Shankara Buildpro IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹440 to ₹460 per equity share |
| Market Lot | 32 Shares |
| Min Order Quantity | 32 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540425 |
| NSE Symbol | SHANKARA |
| ISIN | INE274V01019 |
| Issue Size | Aggregating up to ₹345.00 Cr |
| Fresh Issue | Aggregating up to ₹45.00 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
Shankara Buildpro IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 22-Mar-17 |
| IPO Close Date | 24-Mar-17 |
| Basis of Allotment Date | 30-Mar-17 |
| IPO Listing Date | 5-Apr-17 |
Shankara Buildpro IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 32 | ₹14,720 |
| Maximum | 13 | 416 | ₹191,360 |
IPO Allotment Status
Please Click hare To Check IPO Allotment Status For Shankara Building Products Ltd
Company Promoters:
The promoters of the company are:
- Sukumar Srinivas
Company Financials:
| PARTICULAR | 31-Dec-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 |
| Total Assets | 6,046.35 | 5,913.15 | 5,505.20 | 5,956.44 | 5,724.80 | 4,559.90 |
| Total Revenue | 14,576.79 | 17,750.07 | 17,204.70 | 18,840.21 | 17,024.89 | 13,855.32 |
| Profit After Tax (PAT) | 137.38 | 109.77 | 42.47 | 193.38 | 271.24 | 277.75 |
Objects of the Issue:
The object of the issue are:
- Repayment or pre-payment of loans of the Company and VPSPL;
- General corporate purposes;
- Receive the benefits of listing of the Equity Shares on the Stock Exchanges; and
- Enhancement of Company’s brand name and creation of a public market for the Equity Shares in India.
Registrar & Company Details
| Company Contact Information | Shankara Buildpro IPO Registrar |
| Shankara Building Products Ltd G2, Farah Winsford, No. 133, Infantry Road, Bengaluru 560 001 Phone: + 91 80 4011 7777 Email: info@shankarabuildpro.com Website: http://www.shankara buildpro.com | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: einward.ris@karvy.com Website: https://karisma.kfintech.com/ |
