Shankara Building Products Limited – Completes Anchor Allocation

Shankara Building Products Limited (Shankara) who is tapping the capital with its simultaneous offer to raise fresh equity of Rs 45 crs and an offer for sale of 65,21,740 equity shares completed allocation to anchor investors. The price band is Rs 440-460. The company allotted 22.5 lakh shares to 13 anchor investors comprising of 16 entities. The highest allocation was made to Franklin India and DSP Blackrock who were allocated 3,04,320 shares or 13.53% each.

The issue opens on Wednesday the 22nd of March and closes on Friday the 24th of March.

The full list of anchor allotment is given below.

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