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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.

Shankara Buildpro IPO Details

IPO Opening Date Mar 22, 2017
IPO Closing Date Mar 24, 2017
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
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹345.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹45.00 Cr)
Offer for Sale6,521,740 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

Shankara Buildpro IPO Tentative Timetable

The Shankara Buildpro IPO open date is Mar 22, 2017, and the close date is Mar 24, 2017. The issue may list on Apr 5, 2017.

IPO Open Date Mar 22, 2017
IPO Close Date Mar 24, 2017
Basis of Allotment Date Mar 30, 2017
Initiation of Refunds Mar 31, 2017
Credit of Shares to Demat Account Apr 3, 2017
IPO Listing Date Apr 5, 2017

Shankara Buildpro IPO Lot Size

The Shankara Buildpro IPO market lot size is 32 shares. A retail-individual investor can apply for up to 13 lots (416 shares or ₹191,360).

Application Lots Shares Amount (Cut-off)
Minimum 1 32 ₹14,720
Maximum 13 416 ₹191,360

Shankara Buildpro IPO Subscription Status (Bidding Detail)

The Shankara Buildpro IPO is subscribed 41.88 times on 3/24/2017 5:00:00 PM. The public issue subscribed 15.35 in the retail category, 51.62 in the QIB category, and 90.68 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB51.62
NII90.68
Retail15.35
Total41.88

Shankara Buildpro IPO Prospectus

Shankara Buildpro IPO Rating

1218
4.1
Rating:Rated 4.1 stars
Vote Here ...

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
IPO Price ₹460 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹460.00
₹545.00
₹545.00
₹638.00
₹632.80
NSE
₹460.00
₹555.05
₹555.00
₹636.20
₹632.45

Company Contact Information

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

Shankara Buildpro IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Shankara Buildpro IPO Reviews / Ratings

Shankara Buildpro IPO FAQs

Shankara Buildpro IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹345.00 Crores. The issue is priced at ₹440 to ₹460 per equity share. The minimum order quantity is 32 Shares.

The IPO opens on Mar 22, 2017, and closes on Mar 24, 2017.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Shankara Buildpro IPO opens on Mar 22, 2017 and closes on Mar 24, 2017.

Shankara Buildpro IPO lot size is 32 Shares and the minimum order quantity is 32 Shares.

You can apply in Shankara Buildpro IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Shankara Buildpro IPO will be done on Mar 30, 2017, and the allotted shares will be credited to your demat account by Apr 3, 2017. Check the Shankara Buildpro IPO allotment status.

The Shankara Buildpro IPO listing date is on Wednesday, April 5, 2017.

Shankara Buildpro IPO Message Board

Ranked Members  Ranked Members

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3307 Comments

1615. bhart |May 18, 2017 11:36:11 PM
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 5:24:42 PM
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 11:49:12 AM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
A big positive news that TempletonMutualFund bought 7.25 lakh shares yesterday. Price will shoot up further from here.
1612. GOBIND |Apr 27, 2017 4:37:44 PM
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 1:03:08 AM
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?

Regards,
Raghu
1611.1. UnderRighter |Apr 13, 2017 4:38:06 PM
IFCI has only reduced wealth. Only of the saddest stock listed in the exchange
1611.2. Raghu |Apr 19, 2017 1:16:35 AM
Thanks UnderRighter for the reply.
1610. BullOverBear |Apr 12, 2017 2:39:10 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@ 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 10:37:20 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
How to apply Muthhoot Finance NCD thorugh ICICI direct. Please suggest
1608. tushar |Apr 10, 2017 11:08:15 PM
Don''t be blind following others.. in equity market make Ur own decisions
1607. tushar |Apr 10, 2017 11:03:24 PM
Reminder one thing in equity market suno sabki karo manki .....You r only analyst no body else...
1606. ABBAROT |Apr 10, 2017 8:54:51 PM
Thanks to eagleye her valuable advise inspire me to hold Endurance Technology and Sankara as well
1605. Dokwal |Apr 10, 2017 5:50:18 PM
What is future of Wockhardt? i have 25 sh at Rs.783
1605.1. Pokemongo |Apr 19, 2017 5:57:45 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
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 3:59:53 PM
I am holding .... Endurance,Shankara ,BSE & Avenue ...In IPO price for long horizon.....Good companies
1603. an Investor |Apr 10, 2017 2:41:06 PM
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 1:04:22 PM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Stunning rally in Shankara from 630 to 760 in 2 days !!!!
1602.1. Khemka |Apr 10, 2017 1:17:23 PM
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
Sebi should put it in trade to trade group alongwith dmart with immediate effect.
1601. Dot |Apr 10, 2017 12:59:08 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@ EE
Happy GANESH CHATURTHI
1600. gamble |Apr 10, 2017 12:31:48 PM
IPO Guru IPO Guru (1600+ Posts, 3900+ 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

Gamble
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 7:29:15 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ 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 1:42:25 PM
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 11:00:24 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ 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

MBL....trading 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 7:33:43 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ 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 10:05:17 AM
Thanks gamble!
1598. UnderRighter |Apr 7, 2017 9:39:42 PM
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 10, 2017 12:22:53 AM
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 12:21:24 PM
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
4.1% means how much per share of Rs. 29?
1597. tushar |Apr 7, 2017 5:35:27 PM
Endurance technologies ...Jump on today ...I ve two lots in IPO price
1597.1. Chem cho |Apr 8, 2017 10:09:03 AM
IPO Guru IPO Guru (2200+ Posts, 2300+ Likes)
buy on dips it is gone up to all time high today , holding IPO share

best company
1596. Shivajee |Apr 7, 2017 4:28:07 PM
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
####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 12:54:21 PM
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
why it loves war? Reason?
1596.7. ASHISH KAPADIA |Apr 8, 2017 7:52:25 PM
War is not good for anybody. But those persons having deep pockets and willing to invest for long time will love war.