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Shankara Building IPO to list on 5 April

Shankara Building IPO to list on 5 April

Monday, April 3, 2017, 3:05 PM

Shankara Building Products, which recently concluded its Rs.350 crore initial public offer, will list its shares on the stock exchanges on 5 April. The IPO, which was open from 22-24 March, was subscribed 41.60 times. The price band was fixed at Rs.440-460 per share. The portion set aside for qualified institutional buyers (QIBs) was subscribed 51.62 times, while that for non-institutional investors 90.68 times.
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