September 29, 2016 5:50 PM ET

Metals and Mining

Company Overview of Shankara Infrastructure Materials Limited

Company Overview

Shankara Infrastructure Materials Limited manufactures and distributes various steel tubes and pipes in India. The company’s products include precision ERW and CDW tubes; closed structurals comprising rectangular and square hollow sections; galvanized and black mild steel pipes; boiler, air-heater, and seamless tubes; metal sections; PVC pipes and fittings; binding wire; welding rods; GI fittings; and CPVC. It primarily serves individuals, fabricators, plumbers, and contractors. Shankara Infrastructure Materials Limited was formerly known as Shankara Pipes India Limited. The company was incorporated in 1995 and is headquartered in Bengaluru, India.

G/2, Farah Winsford

#133 Infantry Road

Bengaluru,  560001


Founded in 1995

347 Employees


91 80 4011 7777


91 80 4111 9317

Key Executives for Shankara Infrastructure Materials Limited

Managing Director and Executive & Non Independent Director
Age: 56
Manager of Finance and Director
Age: 44
Compliance Officer, Vice President of Corporate Affairs and Secretary
Age: 65
Executive & Non Independent Director
Age: 59
Executive and Non Independent Director
Age: 50
Compensation as of Fiscal Year 2016.

Shankara Infrastructure Materials Limited Key Developments

Shankara Building Plans IPO

Shankara Building Materials 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 the Shankara as of March 31, 2015. Shankara has hired IDFC Securities Limited and HDFC Bank Limited (NSEI:HDFCBANK) to manage the IPO.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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