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
$665.54 M (USD)17.98as on Mar 31, 2024
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Net Profit
$9.04 M (USD)-4.6as on Mar 31, 2024
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EBITDA
$19.74 M (USD)10.7as on Mar 31, 2024
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shankara
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Shankara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shankara
Frequently Asked Questions about Shankara
When was Shankara founded?
Shankara was founded in 1995 and raised its 1st funding round 16 years after it was founded.
Where is Shankara located?
Shankara is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Shankara a funded company?
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.
How many employees does Shankara have?
As of Apr 09, 2024, the latest employee count at Shankara is 876.
What is the annual revenue of Shankara?
Annual revenue of Shankara is $665.54M as on Mar 31, 2024.
What does Shankara do?
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.
Who are the top competitors of Shankara?
Shankara's top competitors include Sicagen, Ventura International and Nayan Hardware.
What products or services does Shankara offer?
Shankara offers Construction Steel & Materials, Plumbing & Fittings, Tiles & Surfaces, Electrical & Lighting, and 4 more products and services.
Is Shankara publicly traded?
Yes, Shankara is publicly traded on NSE under the ticker symbol SHANKARA.
Who are Shankara's investors?
Shankara has 3 investors. Key investors include Apl Apollo Tubes, Fairwinds Private Equity, and Brand Capital.
What is Shankara's ticker symbol?
The ticker symbol of Shankara is SHANKARA on NSE.