Shankara shines on debut; buy on correction: ExpertsStock jumps 37.6% over issue price; analysts say listing was on expected lines given the demand for IPO.
06 Apr, 2017, 10.24 AM IST
Shankara Building Products lists at Rs 555, 21% premium over issue priceThe Rs 350-crore IPO, which was sold between March 22 and March 24, received overwhelming response with investors bidding for 41.88 times t...
05 Apr, 2017, 10.00 AM IST
Shankara Building to make debut today; will it shine or fizzle out?The issue price for the issue, which was sold between March 22 and March 24, has been set at Rs 460.
05 Apr, 2017, 08.04 AM IST
Shankara Building Products to make stock market debut tomorrowOn EV/Sales, the stock is valued at 0.6 times, while it is valued at 19 times its earnings per share (EPS) on 9MFY17 annualised basis (post...
04 Apr, 2017, 04.08 PM IST
Money raised via SME IPOs rose 159% in 2016-17 over previous yearOf the total amount of Rs 51,288 crore, the amount raised through fresh capital was only Rs 24,618 crore (48%) in 2016-17.
03 Apr, 2017, 06.30 AM IST
Equirus Capital completes IPO of Shankara Building ProductsThe company is promoted by Mr. Sukumar Srinivas, an alumnus of IIM - Ahmedabad, and a first generation entrepreneur, having 33 years of exp...
25 Mar, 2017, 04.39 PM IST
Shankara Building Products IPO subscribed 41.25 timesThe IPO received bids for 21.84 crore shares against the total issue size of 52.94 lakhs shares, according to exchange data at 7 pm.
24 Mar, 2017, 07.10 PM IST
Shankara Building IPO subscribed fully on Day 2, retail quota sees 2 times bidsThe company has raised Rs 103.50 crore from anchor investors. A total of 22.50 lakh shares were issued to 16 anchor investors at a price of...
23 Mar, 2017, 12.46 PM IST
Shankara Building IPO subscribed 51% on Day 1; brokers stay neutral to positive on issueAccording to the data available, the issue had received bids for 8,12,064 shares by 12.00 pm, which was 15 per cent of the total issue size...
22 Mar, 2017, 07.25 PM IST
Is real estate looking up? Shankara Building IPO may be signal of better times aheadThe IPO Shankara Building Product, which hit the market today, is seen by some industry watchers as sign of improved investor confidence on...
22 Mar, 2017, 01.17 PM IST
Shankara IPO: Fairly valued with strong growth potentialThe IPO is priced at 20.7 times its FY17 annualised earnings. Given the strong earnings growth and its growth potential, the IPO appears at...
21 Mar, 2017, 08.15 AM IST
Two IPOs headed for markets this week, eye Rs 584 croreSo far this year, Music Broadcast and leading stock exchange BSE have got listed. Many companies, including the BSE-promoted CDSL, are read...
19 Mar, 2017, 03.22 PM IST
Shankara Building Products IPO to hit market on March 22; 5 things to know before subscribing to itThe company is one of the leading organised retailers of home improvement and building products in India based on the number of stores.
19 Mar, 2017, 03.03 PM IST
March may see companies raising up to Rs 6,000 crore via IPOsThis year's first IPO for the BSE was oversubscribed 51 times last month. The issue raised up to Rs 1,243 crore from the IPO priced at Rs 8...
28 Feb, 2017, 08.45 AM IST
G R Infraprojects, Shankara Building get Sebi's nod for IPOG R Infraprojects' IPO consists fresh issue of equity shares worth Rs 240 crore and an offer for sale of up to 5,413,540 equity shares by e...
26 Dec, 2016, 07.34 PM IST
D-Mart promoter, two more firms make IPO movesAvenue Supermarts, Shankara BuildPro and GR Infraprojects have filed their draft red herring prospectus (DRHP) with the Sebi o raise about ...
30 Sep, 2016, 08.23 AM IST
- CRISIL IPO grade 2/5 assigned to Shankara Pipes India
CRISIL has assigned IPO Grade "2/5" to the proposed issue of Shankara Pipes India Ltd, which indicates that the fundamentals of the issue a...
08 Apr, 2008, 09.53 AM IST