SHANKARA BUILDING PRODUCTS LTD.-INITIAL PUBLIC OFFER.
Shankara Building Products Ltd., is coming out with an Initial Public Offer
of Equity shares of face value of Rs.10/- each with premium of Price band
fixed from Rs.440/- To Rs.460/- per equity share aggregating Rs.450 million.
& an offer for sale upto 6,521,740 equity shares.
Objects of the Issue are:
1.Repayment or prepayment of loans of the company.
2.General Corporate purposes.
3.Listing of Equity shares in BSE & NSE.
The issue opens On:March,22,2017 & Closes of March,24,2017.
About the Company:
Shankara Building Products Ltd., is one of the leading organised retailers
of home improvement & building products.The Company has 103 stores
in the country with an average size of 3624 sq.ft.The company serves home
owners,professional customers(such as architects & contractors) and
small enterprises through its retail stores.The Company was promoted by
Mr.Sukumar Srinivas,an alumnus of IIM,Ahmedabad & is a first
generation entrepreneur, having 33 years of experience in the building
products industry.
Shankara Building Products Ltd., is coming out with an Initial Public Offer
of Equity shares of face value of Rs.10/- each with premium of Price band
fixed from Rs.440/- To Rs.460/- per equity share aggregating Rs.450 million.
& an offer for sale upto 6,521,740 equity shares.
Mr.Sukumar Srinivas,Mg.Director of the Company addressing Media. |
Objects of the Issue are:
1.Repayment or prepayment of loans of the company.
2.General Corporate purposes.
3.Listing of Equity shares in BSE & NSE.
The issue opens On:March,22,2017 & Closes of March,24,2017.
About the Company:
Shankara Building Products Ltd., is one of the leading organised retailers
of home improvement & building products.The Company has 103 stores
in the country with an average size of 3624 sq.ft.The company serves home
owners,professional customers(such as architects & contractors) and
small enterprises through its retail stores.The Company was promoted by
Mr.Sukumar Srinivas,an alumnus of IIM,Ahmedabad & is a first
generation entrepreneur, having 33 years of experience in the building
products industry.
No comments:
Post a Comment