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Shankara Building Products IPO oversubscribed 41 times on last day

Shankara Building Products IPO oversubscribed 41 times on last day

Friday, March 24, 2017, 5:57 PM

The Initial Public Offering (IPO) of home improvement and building products firm Shankara Building Products was oversubscribed 40.78 times on the closing day. The IPO received bids for 21,59,00,032 shares against the total issue size of 52,94,467 shares, data available with the NSE till 4:45 pm showed. The company on Tuesday raised Rs 103.5 crore from anchor investors.
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