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.
Shankara Building Products Limited IPO Stock Quote & Charts
- Open: 308.85
- High - Low: 309.35 - 301.40
- Previous Close: 306.35
- Total Traded Volume: 19419
- Updated On: 24-Dec-2019
Objects of the Shankara Building Products Limited IPO:
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
4. Enhancement of Company brand name and creation of a public market for the Equity Shares in India.
Shankara Building Products Limited IPO Details:
||Mar 22 2017
||Mar 24 2017
|| ₹ 10 Per Equity Share
||Book Built Issue IPO
|| ₹ 440-460 Per Equity Share
||Apr 05 2017
Discussion on Shankara Building Products Limited IPO: