Shankara Buildpro IPO Dates, Price Band, Market Lot Details

Shankara Buildpro is coming up with Initial Public Offer in March 2017. Shankara Buildpro incorporated in 1995. They are retailers of home improvement and building products in India. The products includes TMT bars, cement, steel, hollow blocks, pipes, tubes, roffing solutions, solar heaters, water tanks, sanitary wear, plywood, kitchen sinks and other products. The list of the products is very good and they are operating their business in the markets like Andhra Pradesh, Gujarat, Goa, Karnataka, Kerala, Odisha, Maharashtra, Tamilnadu, Telangana and Puducherry. The main purpose of their IPO is to re-payment of loans, general corporate purpose and others. Check the daily Shankara Buildpro IPO grey market rates here.

Shankara Buildpro IPO Review:
It is good for short term gain. Analyst are looking at Rs.800-1000 in 1-2 year horizon.

Shankara Buildpro IPO Dates & Price Band:
IPO Open: 21 March 2017
IPO Close: 23 March 2017
IPO Size: Approx Rs. 600 Crores
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 440 to 460 Per Share
Listing on: BSE & NSE

Shankara Buildpro IPO Market Lot:

• Shares: Apply for 32 Shares (Minimum Lot Size)
• Amount: Rs. 14720

Shankara Buildpro IPO Allotment & Listing:

• Basis of Allotment: 30-March-2017
• Refunds: 31-March-2017
• Credit to demat accounts: 03-April-2017
• Listing: 05-April-2017

Shankara Buildpro Financial:

Particulars	For the year/period ended (in Rs. Crore)
	Mar-16	Mar-15	Mar-14	Mar-13	Mar-12
Total Assets	799.17	725.40	676.67	609.14	479.82
Total Revenue	2036.58	1979.67	1927.93	1766.89	1413.99
Profit After Tax (PAT)	41.64	22.58	28.71	31.82	29.89

Company Promoters:
Sukumar Srinivas

Quick Links:
DRHP Draft Prospectus

Shankara Buildpro IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
Shankara Buildpro IPO Lead Managers:

• Equirus Capital Private Limited
• HDFC Bank Limited
• IDFC Securities Limited

Company Address:
Shankara Building Products Ltd
G2, Farah Winsford,
No. 133, Infantry Road,
Bengaluru 560 001
Phone: + 91 80 4011 7777
Fax: + 91 80 4111 9317
Email: [email protected]
Website: http://www.shankara buildpro.com