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Shankara Building Products Ltd IPO (Shankara Buildpro IPO) Detail

Mar 22, 2017 - Mar 24, 2017

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.

Company Promoters:

The promoters of the company are:

1. Sukumar Srinivas

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
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:

1. Repayment or pre-payment of loans of the Company and VPSPL;
2. General corporate purposes;
3. Receive the benefits of listing of the Equity Shares on the Stock Exchanges; and
4. Enhancement of Company’s brand name and creation of a public market for the Equity Shares in India.

Issue Detail:

  »»  Issue Open: Mar 22, 2017 - Mar 24, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 345.00 Cr
    ›  Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 45.00 Cr
    ›  Offer for Sale of 6,521,740 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 440 - Rs 460 Per Equity Share
  »»  Market Lot: 32 Shares
  »»  Minimum Order Quantity: 32 Shares
  »»  Listing At: BSE, NSE

Shankara Buildpro IPO Reviews:

  1. Shankara Building Products Ltd IPO review by Dilip Davda

Shankara Buildpro IPO Recommendations:

Capital Market Review
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Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved1,522,2321,131,6712,640,5645,294,467
Day 1 - Mar 22, 2017 17:20 IST0.00000.09600.98160.5100
Day 2 - Mar 23, 2017 17:00 IST0.75000.49004.35002.4900
Day 3 - Mar 24, 2017 17:00 IST51.620090.680015.350041.8800

Shankara Buildpro IPO Prospectus

Shankara Buildpro IPO Rating

Rating:Rated 4.1 stars

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Shankara Buildpro IPO Listing Date

  •   ›  Listing Date: Wednesday, April 5, 2017
  •   ›  BSE Script Code: 540425
  •   ›  NSE Symbol: SHANKARA
  •   ›  Listing In: B Group of Securities
  •   ›  ISIN: INE274V01019
  •   ›  Issue Price: Rs 460 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

Issue Price:Rs 460.00
Open:Rs 545.00
Low:Rs 545.00
High:Rs 638.00
Last Trade:Rs 632.80
Rs 460.00
Rs 555.05
Rs 555.00
Rs 636.20
Rs 632.45

Shankara Buildpro IPO News Alerts

  1. Wednesday, April 5, 2017 12:00:00 AM
    Shankara Building Products Ltd IPO - Listing
  2. Thursday, March 30, 2017 12:00:00 AM
    Shankara Building Products Ltd IPO - Allotment Status
  3. Friday, March 24, 2017 12:00:00 AM
    Shankara Building Products Ltd IPO - Close
  4. Wednesday, March 22, 2017 12:00:00 AM
    Shankara Building Products Ltd IPO - Open

Company Contact Information

Shankara Building Products Ltd
G2, Farah Winsford,
No. 133, Infantry Road,
Bengaluru 560 001
Phone: + 91 80 4011 7777
Fax: + 91 80 4111 9317
Website: http://www.shankara

Shankara Buildpro IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968

Shankara Buildpro IPO Lead Manager(s)

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Shankara Buildpro IPO Review / Comments

1615. bhart  May 18, 2017 10:36:11 PM IST I Like It. | Report Abuse
I am new to the SME IPO''s. Please suggest if we should apply for this IPO or not. Thanks in advance.
1614. Dharmilshah  May 15, 2017 4:24:42 PM IST I Like It. | Report Abuse
Because of Some Idiots in this forum, Septaji & Eagle Eyeji are not posting. Please ignore this idiots & please share your views. We are waiting for it. Also idiots please choose some other site where stupidity are acceptable.
1613. Prabhakaran Kuppusamy  May 10, 2017 10:49:12 AM IST I Like It. 1 | Report Abuse
A big positive news that TempletonMutualFund bought 7.25 lakh shares yesterday. Price will shoot up further from here.
1612. GOBIND  Apr 27, 2017 3:37:44 PM IST I Like It. | Report Abuse
I have applied for Shankara IPO -2 application at diffrent names, one on line, other in physical to broker but on checking allotment site of karisma karvy, both sowing no data found, on calling karvy, they told data not with them. I have received sytem generated app. no for online SBI ASBA., also amount was blocked till next day of allotment.
What may be problem & from where to complain?
1611. Raghu  Apr 12, 2017 12:03:08 AM IST I Like It. | Report Abuse
Dear Septaji,

I have 250 IFCI share @73.06. I am holding this since long. Could you please share your opinion on future of IFCI? What would be your recommendation on this?

1611.1. UnderRighter  Apr 13, 2017 3:38:06 PM IST I Like It. | Report Abuse
IFCI has only reduced wealth. Only of the saddest stock listed in the exchange
1611.2. Raghu  Apr 19, 2017 12:16:35 AM IST I Like It. | Report Abuse
Thanks UnderRighter for the reply.
1610. BullOverBear  Apr 12, 2017 1:39:10 PM IST I Like It. | Report Abuse
@ eagleeye, Septa and other renowned boarders

Shankara Buildpro has disclosed shareholding pattern. What are your views on Public Shareholding section.
1609. Lahari  Apr 11, 2017 9:37:20 AM IST I Like It. | Report Abuse
How to apply Muthhoot Finance NCD thorugh ICICI direct. Please suggest
1608. tushar  Apr 10, 2017 10:08:15 PM IST I Like It. 1 | Report Abuse
Don''t be blind following others.. in equity market make Ur own decisions
1607. tushar  Apr 10, 2017 10:03:24 PM IST I Like It. | Report Abuse
Reminder one thing in equity market suno sabki karo manki .....You r only analyst no body else...
1606. ABBAROT  Apr 10, 2017 7:54:51 PM IST I Like It. | Report Abuse
Thanks to eagleye her valuable advise inspire me to hold Endurance Technology and Sankara as well
1605. Dokwal  Apr 10, 2017 4:50:18 PM IST I Like It. | Report Abuse
What is future of Wockhardt? i have 25 sh at Rs.783
1605.1. Pokemongo  Apr 19, 2017 4:57:45 PM IST I Like It. | Report Abuse
this script is easily worth 1500.. but sala 5 saal se chikalthana ban.. pata nahin kya kar rahe hain wocy wale.. even afiter hiring outside consultants they have not resolved it. if you dont need the money.. continue holding it...
1604. tushar  Apr 10, 2017 2:59:53 PM IST I Like It. 2 | Report Abuse
I am holding .... Endurance,Shankara ,BSE & Avenue ...In IPO price for long horizon.....Good companies
1603. an Investor  Apr 10, 2017 1:41:06 PM IST I Like It. | Report Abuse
Guys, Shankara is high 12%. Also D-Mart is up. What is the reason behind the rally? Both are now near 800.
1602. VALUE INVESTOR  Apr 10, 2017 12:04:22 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Stunning rally in Shankara from 630 to 760 in 2 days !!!!
1602.1. Khemka  Apr 10, 2017 12:17:23 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
Sebi should put it in trade to trade group alongwith dmart with immediate effect.
1601. Dot  Apr 10, 2017 11:59:08 AM IST I Like It. | Report Abuse
@ EE
1600. gamble  Apr 10, 2017 11:31:48 AM IST I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
It''s just 1.5 month and look at the return. ..the way more and good than former bank FDs.. ..

Inratel up 22%
Parag up 8%(still at good lvl)

9. gala Feb 24, 2017 5:13:37 PM IST Reply
Avenue Supermarts Limited IPO

Long time since your suggestions ..... Any stock for long term ?

9.1. gamble Feb 26, 2017 8:04:03 PM IST
Avenue Supermarts Limited IPO

::: Parag milk food
::: Bharti infratel
1600.2. gamble  Apr 13, 2017 6:29:15 AM IST I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Already recommended it before 1/2 month in this very forum.. .but only 5% up. ...good buy at cmp.
1600.3. Jay Mangal  Apr 14, 2017 12:42:25 PM IST I Like It. | Report Abuse
Gamble Ji just curious to know why don''t you provide some fruitful knowledge for SME issues.
Sir I have got alloted for Sikko Industries can you draw your listing expectations please?
1599. gamble  Apr 10, 2017 10:00:24 AM IST I Like It. 3 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
New IPOs zooming everyday...but not all.!!

That''s why told u prefer gold over silver. ..!!!

BSE up 8% while Music down by 3%......!

13.1. gamble Mar 19, 2017 10:52:55 AM IST
Music Broadcast Ltd IPO near 373 i.e 30/32 PE which is not attractive for good returns(imo)

Why one hv to give 30 PE??? (forgot peers)

My view......

If u getting gold at same rate of silver then prefer gold...!!!!

Prefer BSE over MBL
1599.4. gamble  Apr 13, 2017 6:33:43 AM IST I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Wait for some correction already up by near 50% in recent rally.. .or if u keep ur view for long then it''s okay.
1599.5. jlj  Apr 13, 2017 9:05:17 AM IST I Like It. | Report Abuse
Thanks gamble!
1598. UnderRighter  Apr 7, 2017 8:39:42 PM IST I Like It. | Report Abuse
CPSE ETF is also going well! Benefit of diversification is clearly visible here. In a down market, too it increased, because of IOC today.
1598.2. UnderRighter  Apr 9, 2017 11:22:53 PM IST I Like It. | Report Abuse
I invested in CPSE thorugh FFO 1 and 2, where GOI divested some stakes for 10 companies through this ETF. The combination of those 10 companies gave a dividend yield of 4.1% last year. What I understand is that these dividends get reflected in the ETF price and investors don''t directly get those dividends like a normal stock would do. These ETF is listed and quite liquid.
1598.3. Shivajee  Apr 10, 2017 11:21:24 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
4.1% means how much per share of Rs. 29?
1597. tushar  Apr 7, 2017 4:35:27 PM IST I Like It. 2 | Report Abuse
Endurance technologies ...Jump on today ...I ve two lots in IPO price
1597.1. Chem cho  Apr 8, 2017 9:09:03 AM IST I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1200+ Posts, 200+ Likes)
buy on dips it is gone up to all time high today , holding IPO share

best company
1596. Shivajee  Apr 7, 2017 3:28:07 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
####War started USA vs Syria###.

What will be the impact of it on Indian stock markets.

Already 230 points down. Is it temporary thing or will lead to more crash?!

~~~~Septa ji, Gamble. and other gems of Chittorgarh you should be able to say your opinions~~~~
1596.6. Shivajee  Apr 8, 2017 11:54:21 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
why it loves war? Reason?
1596.7. ASHISH KAPADIA  Apr 8, 2017 6:52:25 PM IST I Like It. 1 | Report Abuse
War is not good for anybody. But those persons having deep pockets and willing to invest for long time will love war.
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