Shankara Building Products Ltd IPO Message Board (Page 61)

Can i apply for NII category through my stock broker ?

Yes you can if your stock broker allows.
kindly ask your stock broker once.

Thank you :)

Yes, you are right, we are not trusting...

YES U CAN
I ALSO APPLIED

Sorry for the Basic Question eagleeye,

Every time i apply only through Retailer. I would like to know what is NII.

What are its rules?
How to apply as NII?

EE - If got allotment what is the difference from RII if want to sell out your shares.

what is the difference?

Its your decision...But i still believe if you are having 10-15 accounts...Sell in grey....NII disagree

Eagleeye , how can i apply in HNI ??? and can i apply for only 1-2 lot ??

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Shankara Building Products Ltd IPO (Shankara Buildpro IPO) Detail

Mar 22, 2017 - Mar 24, 2017
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Basis of Allotment
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Incorporated in 1995, Shankara Building Products Ltd is retailers of home improvement and building products in India. They offer a wide range of products at their stores which includes structural steel, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products.

As of September 24, 2016, they 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, trades in, imports, exports, or deals in a range of steel sheets, steel roofing sheets, walling products, accessories, and steel structures and purlins used for construction of various types of building structures, as well as steel pipes, tubes and pipe fittings and iron and steel and allied products and engages in general hardware and general wholesale trading activities.

They serves home owners, architects and contractors and small enterprises and housing, general engineering, automotive, renewable energy, agriculture, and construction and infrastructure sectors. They also carry reputed third party brands such as Sintex, Uttam Galva, Uttam Value, Futura, APL Apollo and Alstone and their own brands such as CenturyRoof, Ganga and Loha at their retail stores.

Company Promoters:

The promoters of the company are:

1. Sukumar Srinivas

Company Financials:

Summary of financial Information
Particulars      For the year/period ended (in Rs. Million)
31-Dec-16      31-Mar-16      31-Mar-15      31-Mar-14      31-Mar-13      31-Mar-12
Total Assets      6,046.35      5,913.15      5,505.20      5,956.44      5,724.80      4,559.90
Total Revenue      14,576.79      17,750.07      17,204.70      18,840.21      17,024.89      13,855.32
Profit After Tax (PAT)      137.38      109.77      42.47      193.38      271.24      277.75


Objects of the Issue:

The object of the issue are:

1. Repayment or pre-payment of loans of the Company and VPSPL;
2. General corporate purposes;
3. Receive the benefits of listing of the Equity Shares on the Stock Exchanges; and
4. Enhancement of Company’s brand name and creation of a public market for the Equity Shares in India.

Issue Detail:

»» Issue Open: Mar 22, 2017 - Mar 24, 2017
»» Issue Type: Book Built Issue IPO
»» Issue Size:
› Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 45.00 Cr
› Offer for Sale of 6,521,740 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs. 440 - Rs. 460 Per Equity Share
»» Market Lot: 32 Shares
»» Minimum Order Quantity: 32 Shares
»» Listing At: BSE, NSE

An indicative timetable in respect of the Offer:
Bid/Offer Opens On: Mar 22, 2017
Bid/Offer Closes On: Mar 24, 2017
Finalisation of Basis of Allotment: On or about Mar 30, 2017
Initiation of refunds: On or about Mar 31, 2017
Credit of Equity Shares to demat accounts: On or about Apr 03, 2017
Commencement of trading of the Equity Shares: On or about Apr 05, 2017
Shankara Buildpro IPO Reviews:

Shankara Building Products Ltd IPO review by Dilip Davda
Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time      QIB      NII      RII      Total
Shares Offered / Reserved      1,522,232      1,131,671      2,640,564      5,294,467
Day 1 - Mar 22, 2017 17:20 IST      0.0000      0.0960      0.9816      0.5100
Day 2 - Mar 23, 2017 17:00 IST      0.7500      0.4900      4.3500      2.4900

Hi Eagleye,

your expectation for NII is 200X.
Are you still expecting this?
Else what is the NII expectation figure?

IF you apply for more than 2 lakhs, then it is called NII/HNI category.

Even Expert have not confident to get allotment in these IPO.

if in last hours of ipo it get subscribed heavily in NII catagory than the chances of allotment will be neglible...?

thanks for letting us know. truly appreciated

Now after a muted demand from QIB and NII, do you see any effect on listing price?

thank for disclosure, but I think , Nii subscription shall be more. it shall be clear by 3.00 pm .

Do you run "start bloom investment" page of FB

Seems QIB and HNI go in the last hours only. Hard to judge the subscription on those 2 categories