IPO Price History
Closed
Shankara Building Products Limited logo

Shankara Building Products Limited IPO

Mainboard IPOListedSHANKARANSE
Current Market Price (CMP)
₹109.96(-76.10%)
Current Price (CMP)
₹109.96(-76.10%)

Live Market Quote

Listing Price & Gain
₹555.05(+20.66%)

Day 1 Exchange Open

IPO Issue Price
₹460

Band: ₹440 - ₹460

Total Subscription
41.88x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
22 Mar 2017
IPO Bidding Closes
24 Mar 2017
Allotment & Refunds
Completed
Exchange Listing Day
05 Apr 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 41.88x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)51.62x
Non-Institutional Investors (NII / HNI)90.68x
Retail Individual Investors (RII)15.35x
Total Subscription41.88x
Updated as on 24 Mar 2017 at 2315 hrs

Listing Day & Return Performance

Listing Day Gain+20.66%
₹460 (Issue) → ₹555.05 (List)
Per share profit: +₹95.05
Holding Return (Till Date)-76.10%
₹460 (Issue) → ₹109.96 (CMP)
Net gain per share: ₹-350.04
Post-Listing Performance (Listing Day → Today):-80.19%

About Shankara Building Products Limited IPO

Shankara Building Products Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 22 Mar 2017 and concluded on 24 Mar 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹440 - ₹460.

During the bidding window, Shankara Building Products Limited witnessed heavy demand with an overall subscription of 41.88 times. Institutional investors (QIB) subscribed 51.62x, non-institutional high-net-worth investors (NII) subscribed 90.68x, and retail individual investors (RII) bid 15.35x their reserved quota.

The equity shares of Shankara Building Products Limited officially debuted on the stock exchanges on 05 Apr 2017 at an opening listing price of ₹555.05, delivering a listing day return of +20.66% (premium) over the final issue price. As per the latest market data, the stock trades at ₹109.96, representing an overall decline of -76.10% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Shankara Building Products Limited IPO?
The issue price of Shankara Building Products Limited IPO was fixed at ₹460 per equity share. The indicative bidding price band was ₹440 - ₹460.
What were the open, close, and listing dates for Shankara Building Products Limited IPO?
Shankara Building Products Limited IPO opened on 22 Mar 2017, closed on 24 Mar 2017, listed on 05 Apr 2017.
How much was Shankara Building Products Limited IPO subscribed?
The IPO received an overall subscription of 41.88 times. Category-wise, QIBs subscribed 51.62x, NIIs subscribed 90.68x, and Retail investors subscribed 15.35x.
What was the listing price and listing gain of Shankara Building Products Limited IPO?
Shankara Building Products Limited IPO listed on the stock exchange at ₹555.05, delivering a listing gain of 20.66% compared to the IPO issue price of ₹460.
Is Shankara Building Products Limited IPO a Mainboard or SME IPO?
Shankara Building Products Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Shankara Building Products Limited IPO since its IPO?
At the latest market quote of ₹109.96, Shankara Building Products Limited IPO has generated an all-time return of -76.10% since its initial public offering.

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