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24 April, 2018 22:04 IST
Shankara Building Products IPO lists at 21% premium
Source: IRIS | 05 Apr, 2017, 12.26PM
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Shankara Building Products got listed on the stock markets on Thursday with a premium of 20.66% over to its issue price. At the NSE, stock opened at Rs 555.05 a share as against issue price of Rs 460 a share.

Currently, shares are trading at Rs 612.60, up 33.17% from its issue price. It recorded a high of Rs 629.90 and a low of Rs 555 at the NSE (11:49 am).

Shankara is one of the leading organized retailers of home improvement and building products in India based on number of stores, operating under the trade name Shankara BuildPro. he company caters to a 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.

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