Shankara Building Products IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 345.00 Cr. The company is based in Bangalore and caters to Real Estate sector. Equirus Capital , Hdfc Bank , Idfc Bank are the merchant bankers of Shankara Building Products IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th September 2016.
Shankara Building Products IPO open date is 22nd March 2017 and close date is 24th March 2017. IPO Allotment Date is 30th March 2017 and Listing date is 5th April 2017.Shankara Building Products IPO size is ₹ 345.00 Cr. with IPO price of ₹ 460.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Equirus Capital Private Limited is the book-running lead manager of the Shankara Building Products IPO. Kfin Technologies Limited is the Registrar for Shankara Building Products IPO.
Shankara Building Products IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shankara Building Products IPO, based in Bangalore, operates in the Real Estate sector with a focus on retailers of home improvement and building. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Shankara Building Products IPO size is ₹ 345.00 Cr. with fresh issue size of ₹ 345 and Offer for sale being ₹ Nil
The IPO allotment date for Shankara Building Products IPO is expected to be 30th March 2017, after the finalization of basis of allotment. Investors can check Shankara Building Products IPO allotment status on the registrars website, Kfin Technologies Limited . Shankara Building Products IPO refund dates are 31st March 2017.
Shankara Building Products IPO is expected to be listed on 5th April 2017.
The upper price band for the Shankara Building Products IPO is set at ₹ 460.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shankara Building Products IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shankara Building Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th March 2017. After submission, funds are blocked until the basis of allotment of Shankara Building Products IPO is finalised.
The merchant banker for Shankara Building Products IPO is Equirus Capital Private Limited , Hdfc Bank Limited , Idfc Bank Limited . Equirus Capital Private Limited , Hdfc Bank Limited , Idfc Bank Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shankara Building Products IPO RHP for further details.
The registrar for Shankara Building Products IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Shankara Building Products IPO through their official website or helpline.
Shankara Building Products IPO was subscribed 41.88 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Shankara Building Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shankara Building Products Financial Review Page
Merchant Banker(s) of Shankara Building Products IPO: Equirus Capital Private Limited , Hdfc Bank Limited , Idfc Bank Limited
Shankara Building Products IPO subscription was 41.88 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shankara Building Products IPO listed at a listing price of 632.80 against the offer price of 460.00.
The current market price of Shankara Building Products is 1019.10.
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