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March 22, 2017 - March 24, 2017

Shankara Buildpro IPO FAQ

Shankara Buildpro IPO Date & Price

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

Shankara Buildpro IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 22, 2017
  • Bid/Offer Closes On: March 24, 2017
  • Finalization of Basis of Allotment: March 30, 2017
  • Initiation of refunds: March 31, 2017
  • Credit of Equity Shares: April 3, 2017
  • Listing Date: April 5, 2017

Shankara Buildpro IPO price is set at ₹460 per equity share.

Shankara Buildpro IPO will close for subscription at 5 PM on March 24, 2017. But most brokers stop accepting application between 1 PM to 3 PM.

The Shankara Buildpro IPO starts on March 22, 2017. The issue ends on March 24, 2017.

Shankara Buildpro IPO Issue Size and Subscription Status

The Shankara Buildpro IPO size is Equity Shares of ₹10 aggregating up to ₹345.00 Cr.

Shankara Building Products Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Shankara Buildpro IPO shares through the banks (using ASBA) or through the broker (using UPI).

Shankara Buildpro IPO Offer Size

Qualified Institutional Buyers (QIB)1,522,232 Shares
Non-Institutional Investors (NII)1,131,671 Shares
Retail Individual Investor (RII)2,640,564 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size5,294,467 Shares

Shankara Buildpro IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)51.62 times times
Non-Institutional Investors (NII)90.68 times times
Retail Individual Investor (RII)15.35 times times
Employee Reservations times
Other Reservations times
Total Issue Size41.88 times times

Click here to check the Shankara Buildpro IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Shankara Buildpro IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting

You could check Shankara Buildpro IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Shankara Buildpro IPO Allotment and Listing

The Shankara Buildpro IPO allot status will be available online on March 30, 2017. Check the Shankara Buildpro IPO Allotment Status here.

Click here to check Shankara Buildpro IPO Allotment Status.

Shankara Buildpro IPO listing Date is April 5, 2017. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Shankara Buildpro IPO listing date and time is published by the exchange in a circular.

Click here to view the Shankara Buildpro IPO Basis of Allotment.

It is hard to say at what price Shankara Buildpro IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Shankara Buildpro IPO shares will list on April 5, 2017 at BSE, NSE.

Shankara Buildpro IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Shankara Buildpro IPO which could help you with questions like Shankara Buildpro IPO buy or not? You should also read Shankara Buildpro IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Shankara Buildpro IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Shankara Buildpro IPO performance. The performance reports are available 1 day after listing.