IPO News
Prev Next
As on Mar 27, 2017 12:00 AM Your results on : IPO News    
Shankara Building Products IPO subscribed 41.88 times
27-Mar-2017 (09:49)
Shankara Building Products IPO subscribed 40.78 times
24-Mar-2017 (16:45)
Shankara Building Products IPO subscribed 2.25 times
23-Mar-2017 (16:36)
QIB category of CL Educate IPO subscribed 3.65 times
23-Mar-2017 (10:05)
Shankara Building Products IPO subscribed 48%
22-Mar-2017 (16:50)
CL Educate IPO subscribed 1.82 times
22-Mar-2017 (16:38)
Shankara Building Products raises Rs 103.5 crore from anchor investors
22-Mar-2017 (10:56)

The initial public offer (IPO) committee of board of directors of Shankara Building Products allocated 22.5 lakh shares to sixteen anchor investors at Rs 460 per share, a higher end of IPO price band aggregating Rs 103.5 crore.

The IPO of Shankara Building Products opened for bidding today, 22 March 2017. The IPO closes on 24 March 2017. The offer comprises of a fresh issue of shares aggregating up to Rs 45 crore and an offer for sale (OFS) of up to 8.16 lakh shares by its promoter, Sukumar Srinivas and up to 57.05 lakh shares by Fairwinds Trustees Services, acting in the capacity of trustee of reliance alternative investments fund-private equity scheme I (collectively the selling shareholders).

The offer will constitute at least 25% of the company's post-offer paid-up equity share capital. The price band for the IPO was fixed at Rs 440 to 460 per share.

The company intends to use the proceeds from the offer towards repayment or pre-payment of loans and general corporate purpose.

Shankara Building Products reported consolidated net profit of Rs 41.60 crore on net sales of Rs 1709.80 crore in the nine months ended 31 December 2016.

Promoted by first generation entrepreneur Sukumar Shrinivas, Bengaluru based Shankara Building Products (SBP) is one of the leading organized retailers of home improvement and building products in India, operating under the trade name, Shankara BuildPro, since the past two decades.

As on 31 December 2016, it operated 103 Shankara BuildPro stores spread across nine states and one union territory in India. The company has product portfolio of more than 74 products serving 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. The company also provide delivery and facilitate installation services for select product categories.

CL Educate IPO subscribed 76% on day two
21-Mar-2017 (16:42)
Avenue Supermarts settles with stellar premium on debut
21-Mar-2017 (15:53)
CL Educate IPO subscribed 36% on day one
20-Mar-2017 (16:50)
CL Educate raises Rs 71.68 crore from anchor investors
20-Mar-2017 (10:26)
Music Broadcast clocks modest gains on debut
17-Mar-2017 (16:14)
Shankara Building Products IPO to open on 22 March
16-Mar-2017 (10:49)
CL Educate IPO to open on 20 March 2017
11-Mar-2017 (09:49)
Connect with us :   
About us
Our Services
Core Values
Investor Relations
Product & Services
Institutional Broking
Clearing Services
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Back Office
Back Office
KYC/KDC Status
Mutual Fund
RMS Policy
Download Forms
Useful Links
Exchange Holidays
Policies, Procedures, Rights, Obligations and RDD
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language
In case of any grievances pleae write to / (For Trading) (For DP) (For PMS) (For Commodities)
SEBI Regn. No. NSE.:INB/INF/INE 230663732, TM No.:06637, Clearing No.- M50302 | SEBI Regn. No. BSE.:INB/INF/INE 010663731, Clearing No.- 3179 | SEBI Regn No. MSEI :INB/F 260663738, INE 260663732, TM Code-1004, Clearing Member Code- 4 | USE SEBI Regn no. - INE 270663732 , CM code: 06637 | SEBI Regn for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | Research Analysts Regn No. INH100001187 | PMS Regn No. INP000002361
* Through subsidiary Globe Commodities Ltd. --> Commodity Membership No.: NCDEX- FMC Regn. No. NCDEX/TCM/CORP/0004, TM Code-00012 | MCX- FMC Regn. No. MCX/TCM/CORP/0628, CM Code-8550 | ICEX- FMC Regn. No. ICEX/TCM/CORP/0011, TM Code- 1009 | NMCE- FMC Regn. No. NMCE/TCM/CORP/0018, TM Code-CL0111 | ACE - FMC Registration no.- ACEL/TCM/CORP/0163, TM code- 4001 | UCX FMC Regn. No.: UCX/TCM?CORP/0014, TM Code- 10014 | NCDEX Spot Exchange Membership no.- NCDEXSPOT-CR-07-10011
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2008 Certified) Privacy Policy Disclaimer Terms and Conditions