The equity shares of Shankara Building products listed at a decent premium of 25 percent over issue price.

The listing for the IPO which had got an overwhelming response with a oversubscription of 41.60 times, was more or less on the expected lines

The shares were trading at around Rs.623 up 35 percent over issue price as at 1:08 PM

Shankara Build Pro - Basis finalised for Retail Investoes as under :

Retail allotment of 32 shares in the ratio of 145 out of every 1803 applicants (12.43x).

Shankara BuildPro IPO subscription status - Day 3 at 3:50 PM

QIB*: 51.19x (*excluding Anchor)
NII: 82.24x
RII: 12.45X
Overall: 38.48 times

Applications: 845,545 Approx
No. of Applic-wise: 10.31x

Shankara BuildPro IPO subscription status - Day 3 at 1:00PM

QIB*: 4.46X (*excluding Anchor)
NII: 2.20X
RII: 9.05X
Overall: 6.27 times

Applications: 605,500 Approx
No. of Applic-wise: 7.368X

GMP 105 – 108

QIB: 0.75x
HNI: 0.49x
Retail: 4.35x
Overall: 2.49 times