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Shankara Building Products Ltd

Shankara Building Products Ltd

    Registered Office : G-2 Farah Winsford,No 133 Infantry Road,Bengaluru Karnataka 560001 Phone : 91-80-40117777
    Fax : 91-80-41119317

    Email : cs@shankarabuildpro.com

    Website : www.shankarabuildpro.com

Public offer of 7,500,029 equity shares of face value of Rs. 10 each ("equity shares") of Shankara Building Products Limited ("company" or "issuer") for cash at a price of Rs. 460 per equity share (including a share premium of Rs. 450 per equity share) aggregating to Rs. 345 crores ("offer") comprising a fresh issue of 978,289 equity shares aggregating to Rs. 45.00 crores ("fresh issue") and an offer for sale of up to 816,252 equity shares by our promoter, Sukumar Srinivas and up to 5,705,488 equity shares by Fairwinds Trustees Services Private Limited acting in the capacity of trustee of reliance alternative investments fund - private equity scheme I (collectively the "selling shareholders") aggregating to Rs. 300 crores ("offer for sale"). The offer will constitute 32.82% of the post-offer paid-up equity share capital. The anchor investor offer price is Rs.460 per equity share. The face value of the equity share is Rs.10 each. The offer price is 46 times the face value of the equity shares.

Issue

Opens On

Closes On

22-Mar-2017

24-Mar-2017

Money Payable On

Application

Allotment

460.00

0.00

Minimum Application for shares in Nos : 32.0 Further Multiples of : 32.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

345.00

0.00

460.00

Equirus Capital Pvt Ltd

HDFC Bank Ltd

IDFC Bank Ltd

Projects
  • Repayment or pre-payment of loans
  • General corporate purpose
Promoted By
  • Sukumar Srinivas
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd