Shankara Building Products Ltd IPO

Shankara Building Products Ltd

Issue Open

Mar 22, 2017

Price Band

₹ 440 - ₹ 460

Issue Size

₹ 345.00 Cr

Credit of Shares to Demat

-

Issue Close

Mar 24, 2017

Bid Lot

32

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

32

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Sep 29, 2016

Refunds

-

About the company:

Shankara Building Products Limited is one of the leading organized retailers of home improvement and building products in India. The company is headquartered in Bangalore. It employs around 1700 people with plans to grow further.

Date of establishment: Shankara Building Products was established in 1995.  

Product & Service Offering: Shankara Building Products offers a wide range of products including cement, structural steel, TMT bars, tiles, sanitary ware, pipes, tubes and other related products.

Promoters of Shankara Building Products Ltd.: Mr Sukumar Srinivas is the promoter of the firm.

Customer segment: The company offers its products to home owners, contractors and enterprises in sectors such as housing, infrastructure, agriculture and automotive.

Objects of the Issue:

The objects of the issue are:
-     Repayment of loans availed by the company and VPSPL
-     General corporate purposes
-     Benefits of listing equity shares
-     Enhanced brand name and public market for equity shares in India

Company Financials:

 

 

Particulars

For the year/period ended (in Rs. Million)

 

31-Dec-16

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

31-Mar-12

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

 

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