Exchanges
BSE, NSE
Industry
Speciality Retail
Issue
Book building

Shankara Building Products IPO

₹632.45

+37.49% on listing

Listing-day close · NSE · 5 Apr 2017 · issue price ₹460

Shankara Building Products’ ₹345 crore IPO was priced at ₹460 a share. It listed on the NSE on 5 Apr 2017 and closed its first day at ₹632.45, up 37.49% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹345 Cr
Fresh issue
₹45 Cr
Offer for sale
₹300 Cr
Lot size
32 shares
Minimum investment
₹14,720
Face value
₹10
Registrar
Kfin Technologies

Subscription

Shankara Building Products IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—28.70×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,051 Cr
Promoter holding
62.45% → 60.37%

From the offer documents.

Listing

Listing date
5 Apr 2017
Issue price
₹460
Open
₹555.05
High
₹636.20
Low
₹555.00
Close
₹632.45

Listing day on the NSE. The close was +37.49% on the issue price.

SHANKARA share price today

FAQs

When did the Shankara Building Products IPO open and close?

It opened on 22 Mar 2017 and closed on 24 Mar 2017.

What was the Shankara Building Products IPO price?

The price band was ₹440–460 a share. The final issue price was ₹460.

What is the lot size and minimum investment?

One lot is 32 shares, ₹14,720 at ₹460 a share. Retail investors apply in whole lots.

How much did Shankara Building Products raise?

₹345 crore: ₹45 crore of new shares and ₹300 crore offered by existing shareholders.

How many times was the Shankara Building Products IPO subscribed?

28.70 times overall.

How did Shankara Building Products list?

It listed on the NSE on 5 Apr 2017 at ₹555.05 and closed the day at ₹632.45, up 37.49% on the ₹460 issue price.

Who is the registrar of the Shankara Building Products IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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