About Shankara
Shankara is a company based in Bengaluru (India) founded in 1995. Shankara has raised $11.65 million across 3 funding rounds from investors including Apl Apollo Tubes, Fairwinds Private Equity and Brand Capital. The company has 876 employees as of April 09, 2024. Shankara offers products and services including Construction Steel & Materials, Plumbing & Fittings, Tiles & Surfaces, Electrical & Lighting, and Paints, Chemicals & Adhesives. Shankara operates in a competitive market with competitors including Sicagen, NL Tile Art, Marble Centre, Ventura International and Nayan Hardware, among others.
- Headquarter Bengaluru, India
- Employees 876 as on 09 Apr, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shankara Building Products Ltd.
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Annual Revenue
$666.83 M (USD)17.98as on Mar 31, 2025
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Net Profit
$9.06 M (USD)-4.6as on Mar 31, 2025
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EBITDA
$19.78 M (USD)10.7as on Mar 31, 2025
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Total Equity Funding
$11.65 M (USD)
in 3 rounds
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Latest Funding Round
$13.77 M (USD), Post-IPO
Mar 24, 2022
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Investors
Apl Apollo Tubes
& 2 more
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Employee Count
876
as on Apr 09, 2024
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IPO & Listings of Shankara
Shankara is a publicly listed company on the NSE with ticker symbol SHANKARA in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Shankara
Shankara offers a comprehensive portfolio of products and services, including Construction Steel & Materials, Plumbing & Fittings, Tiles & Surfaces, Electrical & Lighting, and Paints, Chemicals & Adhesives.
Essential materials for various construction projects
Quality solutions for homes and business installations
Enhancements for indoor and outdoor applications
Innovative products for wiring and illumination needs
Versatile options for interior and exterior surfaces
Functional items for home and building use
Durable components for structural applications
Materials for reliable roofing systems
Funding Insights of Shankara
Shankara has successfully raised a total of $11.65M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $13.77 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $13.8M
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First Round
First Round
(01 Jun 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Post-IPO - Shankara | Valuation |
investors |
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| Jun, 2017 | Amount | Post-IPO - Shankara | Valuation |
investors |
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| Jun, 2011 | Amount | Series A - Shankara | Valuation | Fairwinds Private Equity |
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Investors in Shankara
Shankara has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Apl Apollo Tubes, Fairwinds Private Equity and Brand Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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PE firm investing in India
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Founded Year | Domain | Location | |
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Online platform for manufacturing structural steel tubes, pipes, and related steel solutions
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Founded Year | Domain | Location |
Investments & Acquisitions by Shankara
Financial Statements - Shankara
Shankara Comparisons
Competitors of Shankara
Shankara operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sicagen, NL Tile Art, Marble Centre, Ventura International and Nayan Hardware, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Industrial packaging, shipbuilding, and infrastructure services are provided.
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| domain | founded_year | HQ Location |
Supplies high-quality flooring and marble tiles for construction.
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| domain | founded_year | HQ Location |
Imports, retails, and supplies luxury marble, granite, onyx, travertine, and quartzite.
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| domain | founded_year | HQ Location |
Provides high-quality laminates, veneers, and wall paneling for interior design.
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| domain | founded_year | HQ Location |
Offers hardware products, modular kitchens, wardrobes, and installation services in Hyderabad.
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Latest news on Shankara
Frequently Asked Questions about Shankara
Shankara was founded in 1995 and raised its 1st funding round 16 years after it was founded.
Shankara is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shankara is a funded company, having raised a total of $11.65M across 3 funding rounds to date. The company's 1st funding round was a Series A of $11.65M, raised on Jun 01, 2011.
As of Apr 09, 2024, the latest employee count at Shankara is 876.
Annual revenue of Shankara is $666.83M as on Mar 31, 2025.
Shankara was founded in 1995 and is based in Bengaluru, India. A range of construction materials is provided, including cement, roofing solutions, CP fittings, sanitary ware, tiles, and wooden flooring. Products are distributed through offline retail stores and an online platform. Operations focus on the building supplies sector, serving customers in India with essential fabrication and home improvement items.
Shankara's top competitors include Sicagen, Ventura International and Nayan Hardware.
Shankara offers Construction Steel & Materials, Plumbing & Fittings, Tiles & Surfaces, Electrical & Lighting, and 4 more products and services.
Yes, Shankara is publicly traded on NSE under the ticker symbol SHANKARA.
Shankara has 3 investors. Key investors include Apl Apollo Tubes, Fairwinds Private Equity, and Brand Capital.
The ticker symbol of Shankara is SHANKARA on NSE.