January 17, 2017 7:10 PM ET

Specialty Retail

Company Overview of Shankara Building Products Ltd.

Company Overview

Shankara Building Products Limited engages in the retail of home improvement and building products in India. The company offers structural steel, cement, thermo mechanical treatment bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing products, tiles, sanitary ware, water tanks, plywood, kitchen sinks, and lighting and other allied products. As of September 24, 2016, it operated 100 Shankara BuildPro stores covering the end-user segments of urban and semi-urban markets in Andhra Pradesh, Goa, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Tamil Nadu, Telangana, and Puducherry. The company also manufactures, assembles, processes, tra...

G2, Farah Winsford

No. 133, Infantry Road

Bengaluru,  560001

India

Founded in 1995

347 Employees

Phone:

91 80 4011 7777

Fax:

91 80 4111 9317

Key Executives for Shankara Building Products Ltd.

Founder, Managing Director, Executive & Non Independent Director and Member of IPO Committee
Age: 56
Chief Financial Officer
Age: 44
Executive Director
Age: 59
Executive Director
Age: 50
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.

Shankara Building Products Ltd. Key Developments

Shankara Building Plans IPO

Shankara Building Products Ltd. is planning an initial public offering (IPO) of around INR 3500 million to raise funds and allow investor Fairwinds Private Equity to sell a part of its stake. Fairwinds held a 34.78% stake in Shankara Infrastructure Materials Ltd. as of March 31, 2015. Shankara has hired IDFC Securities Limited and HDFC Bank Limited (NSEI:HDFCBANK) to manage the IPO.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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