Shankara Building Products, which got listed on the bourses today, settled at a premium of 37.83% over its issue price.  At the NSE, stock closed at Rs 634 a share as against issue price of Rs 460 a share.

Shares witnessed a high of Rs 636.20 and a low of Rs 555 after opening at Rs 555.05 that is 20.66% premium over its issue price. 

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.