Shankara Building Products Ltd IPO (Shankara Buildpro IPO) Detail

Shankara Buildings Products Ltd 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, 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, pipe fittings, iron steel, allied products and engages in general wholesale trading activities.1542003

They serves home owners, architects and contractors and small enterprises and housing, general engineering automotive, renewable energy, agriculture, and construction and infrastructure sector. They also carry reputed third party brands such as Sintex, Uttam Galva, Uttam Value, Futura, APL Appolo and Alstone and their own brands such as Century Roof, Ganga and Loha at their retail stores.

Objects of the Issue:                                                                                                                              The  offer comprises of the fresh issue and offer for sale.                                                          Offer for sale                                                                                                                                          The company will not receive any proceeds from the fresh issue towards the following objects.                                                                                                                                                 Requirement of funds                                                                                                                        The company proposes to utilise the Net proceeds from the fresh issue towards the following objects:

  1. Repayment or Pre-payment of loans of the company.
  2. General corporate purpses (collectivity, referd to as the “Objects”).
Issue Open Date Issue Closing Date Application Money Allotment Money
22/03/2017 24/03/2017 460.00  

 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

Lead Managers Registrar Listed at
Karvy Selenium Tower B, Plot No 31-32, Gachibowli, Financial Dist, 
Hyderabad, Telangana – 500032
Phone: 67162222 Fax: 23431551


Company Finacials:

Particulars For the year/period ended (in Rs. Million)
  31-Dec-2016 31-Mar-2016 31-Mar-2015 31-Mar-2014 31-Mar-2013 31-Mar-2012
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

 Company Promoers:                                                                                                                                   1.Mr.Sukumar Srinivas

Mr. Sukumar Srinivas :Sukumar Srinivas is the Managing Director of the Company. He holds a bachelor’s degree in commerce from Loyola College, Chennai, University of Madras, and a post graduate diploma in business management from the Indian Institute of Management, Ahmedabad. He has been associated with the Company since its incorporation and has 33 years of experience in the building products industry. Prior to joining the Company, he was associated with Gemini Steel Tubes Limited in various capacities and as a partner of Shankara Agencies and Shankara Steel and Tubes. He currently holds the position of the President of The Karnataka Pipe Dealer’s Association.

Voter Identification Number : MCL5074174
Driving License Number : TN0719800003072

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

Author: Tradewell-Best Stockbroker in india

#Tradewell Securities Provides Free trading and demat account also offer services are Equities, Commodities,Mutual funds, SIP,IPO for more Details vist

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: