Shankara Building Products IPO

Shankara Building Products IPO

Shankara Building Products IPO

Shankara Building Products  is one of the leading organised retailers of home improvement and building products in India based on number of stores, operating under the trade name Shankara BuildPro (Source: CRISIL Report). As on December 31, 2016, the company operated 103 Shankara BuildPro stores spread across 9 states and 1 union territory in India. It caters to a large customer base across various end-user segments in urban and semi-urban markets through its multi-channel sales approach, processing facilities, supply chain and logistics capabilities.

Under retail operations, it offers a comprehensive range of products at our stores, including 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. The company carries reputed third party brands such as Johnson, Sintex, Uttam Galva, Uttam Value, Futura, APL Apollo, Astral Pipes and Alstone and its own brands such as CenturyRoof, Ganga and Loha at its retail stores.

Its enterprise sales cater primarily to large end-users, contractors, and OEMs, while the channel sales caters to dealers and other retailers through its extensive branch network. In these operations, it primarily offers steel based products, such as structural steel, TMT bars, pipes and tubes and other allied steel products.

Promoters of Shankara Building Products: Sukumar Srinivas

Shankara Building Products IPO details
Subscription Dates22 - 24 March 2017
Price BandINR440 - 460 per share
Fresh issueINR45 crore
Offer For Sale6,521,740 shares (INR300 crore at upper band)
Total IPO sizeINR345 crore at upper band
Minimum bid (lot size)32 shares
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE

 

Shankara Building Products' consolidated financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY20169M FY2017
Total revenue1,413.91,766.91,927.91,979.92,036.61,709.9
Total expenses1,343.61,679.61,838.51,889.31,916.21,600.9
Profit after tax29.931.828.722.641.341.5

 

Shankara Building Products Limited
G2, Farah Winsford, No. 133, Infantry Road
Bengaluru 560 001, Karnataka

Phone: +91 80 4011 7777
Fax: +91 80 4111 9317
Email: [email protected]
Website: www.shankarabuildpro.com

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
+91 40 2343 1551 
Email:
 [email protected]
Website: www.karvycomputershare.com

Shankara Building Products IPO Subscription Details

CategoryShares offeredSubscription (No. of times, 9 PM) 
Day 1Day 2Day 3
QIB 1,522,2320.000.7551.62
NII 1,131,6710.100.4990.68
Retail2,640,5640.984.3515.35
Total 5,294,4670.512.4941.88

Shankara Building Products IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status. You can also check allotment status using application number on this link.

IPO Opening Date: 22 March 2017

IPO Closing Date: 24 March 2017

Finalisation of Basis of Allotment: 30 March 2017

Initiation of refunds: 31 March 2017

Transfer of shares to demat accounts: 3 April 2017

Listing Date: 5 April 2017

Listing Price on NSE: INR555 per share (return of 20.6% over IPO price)

Closing Price on NSE: INR634 per share (return of 37.8% over IPO price)

49 thoughts on “Shankara Building Products IPO

  • April 5, 2017 at 11:11 AM
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    Awesome listing and happy that I did not sell in the morning. Should I hold longer???

    Reply
    • April 5, 2017 at 9:46 PM
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      Wait for another week. I don’t find many good stories in this market but Shankara looks set for more gains

      Reply
  • April 4, 2017 at 5:49 PM
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    I got 45 shares of Shannara build pro and premium today offered is Rs 150 per share. Please guide me whether to sell today at premium of Rs150 per share or wait for tomorrow morning whether their is any expectations of price more than Rs 600 per share

    Reply
  • April 4, 2017 at 1:13 AM
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    the price is going to crack in few hours of listing
    this ballon is over inflated and going to burst today badly

    Reply
    • April 4, 2017 at 11:08 AM
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      Bhai Pehle yeh to pata karlo aaj markey shuru hai ki nahi

      Reply
  • April 1, 2017 at 9:16 PM
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    contact me if anyone interested to open an Demat & Trading a/c and Gray Market(IPO) with TradeSwift Broking PVT LTD. with SANDEEP JAIN From jaipur
    WhatsAap me : 9950420842 , 7730027742

    Reply
  • April 1, 2017 at 12:44 PM
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    No allotments has been made while applied for 5 lots

    why is has been done.

    Reply
  • April 1, 2017 at 11:22 AM
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    I have got 32 share , what will be opening price

    Reply
    • April 4, 2017 at 9:45 AM
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      Congrats gupta ji….. you r so lucky…..may be upper price 610/- +

      Reply
  • March 31, 2017 at 6:34 PM
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    Allotment available now on Karvy website. Got nothing:(

    Reply
  • March 31, 2017 at 5:25 PM
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    Allotment is out check the karvy site

    Reply
  • March 31, 2017 at 3:22 PM
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    Is there any update on this ipo?

    Reply
  • March 31, 2017 at 1:41 PM
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    What about the allotment
    The date is confirmed of allotment is 30-3-17
    And today is 31-3-17
    The allotment is late and there is no information to the costumers
    This is very bad service of yours

    Reply
  • March 31, 2017 at 1:34 PM
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    No message from bank so far…

    Reply
  • March 31, 2017 at 12:40 PM
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    Hi,
    Any update on share allocation of Shankara, till now I have not got any e-mail/ sms.

    Reply
  • March 30, 2017 at 6:29 PM
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    Shankara Buildpro IPO Basis of Allotment:13:1

    Reply
    • March 30, 2017 at 6:31 PM
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      Shankara Buildpro IPO Basis of Allotment:13:1

      and i would like to know whats that ratio is saying about

      Reply
    • March 30, 2017 at 8:03 PM
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      Hai when allotment status will come

      Reply
    • March 31, 2017 at 9:14 AM
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      Hello sir I am checking my allotment status
      It has been shown that
      No biding detail found
      What is mean

      Reply
  • March 30, 2017 at 4:16 PM
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    No info about IPO order from NSE. For Avenue Supermarts, I had got a mail regarding order confirmation.
    Hope I get it by Friday. Expecting allotment by 1st April & listing by 3rd April.

    Reply
  • March 30, 2017 at 2:28 PM
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    Kindly update us if you receive shares

    Reply
  • March 30, 2017 at 10:33 AM
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    on 30th March 2017, at which time allotment will be declared?

    Reply
    • March 30, 2017 at 6:35 PM
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      after 8 you recive sms

      Reply
    • March 30, 2017 at 6:35 PM
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      after 8 you receive sms

      Reply
    • March 30, 2017 at 9:51 PM
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      When shell i expect shankara allotment

      Reply
  • March 29, 2017 at 9:34 PM
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    This is the right for listing like dmart. We are expecting 30-40% gain on listing day

    Reply
  • March 27, 2017 at 5:38 PM
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    Nice IPO
    its gain may be 40%….

    Reply
  • March 26, 2017 at 8:00 AM
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    GMP is Rs.160 to 170 so you will get good gain….

    Reply
  • March 25, 2017 at 2:36 PM
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    Waiting for the allotment
    Nice IPO after the avenue supermart..

    Reply
    • March 25, 2017 at 7:07 PM
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      Hope you get allotment. GMP is 90+ so you will have good listing gains 🙂

      Reply
  • March 23, 2017 at 11:10 PM
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    good ipo
    may give returns upto 30%

    Reply
  • March 23, 2017 at 10:36 AM
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    Can anyone suggest from where can i get the IPO for Shankara

    Reply
    • March 24, 2017 at 11:32 AM
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      under netbanking e-services column ASBA & Demat Services

      Reply
  • March 23, 2017 at 8:50 AM
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    This is a good IPO. Ppl need to understand that hardware retailing is not high margin business but Shankara is still manging decent profits. Shows commitment of the management and the entrepreneur.

    Reply
    • March 30, 2017 at 6:53 PM
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      absolutely correct, now I really hope I get some shares…

      Reply
  • March 20, 2017 at 3:49 PM
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    In today trade what is 45 crores means for you

    Reply
    • March 20, 2017 at 5:45 PM
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      Mpal sir, this whole game is played so that PE investors can pahnao the topi to retail investor, hahaha…

      Reply
  • March 20, 2017 at 1:07 PM
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    Shankara Building Products Ltd IPO: You Must Know

    Hightlights:
    1. Shankara Building Products is one of India’s leading organised retailers of home improvement and building products in India.
    2. IPO will Open on Mar 22, 2017 and close on 24, March,2017.
    3. Fresh Issue of Rs. 45 crores & Offer for sale of 816252 shares.
    4. Issue Price is in between Rs. 440 – Rs. 460 Per Equity Share.

    Shankara Building Products Ltd IPO Details:
     Issue Open: Mar 22, 2017
     Issue will close on – Mar 24, 2017
     Issue Type: Book Built Issue IPO
     Issue Size:
    Fresh Issue of Rs. 45 crores.
    Offer for sale of 816252 shares by the Promoter and 5705488 shares by selling shareholders.
     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

    6. Category-wise Break up:
     Anchor – 22,50,000 Shares = 103.50Crs.
     Net QIB – 15,00,000 Shares = 69.00Crs
     NII – 11,25,000 Shares = 51.75Crs
     RII – 26,25,000 Shares (82,031 Forms) = 120.75Crs. (Lot size = 32)

    Reply
  • March 17, 2017 at 10:37 AM
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    Dear Sir,
    Please furnish equity capital of the companies before and after the proposed public issues invariably.
    Thanks &Regards,

    Reply
  • March 16, 2017 at 8:17 PM
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    My analysis says 85% of ipo gives a minimum of 10 % returns onthe listing day (2015-17). So surely IPOs are good to invest. Min 10% of return in 15 days seems good… Conditions apply.

    Reply
  • March 16, 2017 at 8:14 PM
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    Surely this s gng to be a good ipo..

    Reply
  • March 16, 2017 at 4:22 PM
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    Good company, has something in REAL business. In fact, one of its kind, who else sells home improvement and building products? PE ratio of 24.3 is not very high too.

    Reply
    • March 16, 2017 at 3:35 PM
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      is it good to invest in this ipo

      Reply

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