Mumbai, January 9, 2026 (Friday) – Shares of Shankara Buildpro Limited made a steady debut on the stock exchanges on Friday, holding on to strong gains after listing and sustaining a premium of close to 20 percent over the reference price in early trade.
Trades Firm After Opening
As of 10:04 AM IST, Shankara Buildpro was trading at ₹875 per share, up ₹139.50, or 18.97 percent, compared with the reference price of ₹735.50. The stock opened at ₹860, indicating follow-through buying interest after a positive price discovery during the listing process.Early Trading Range
| Particulars | Details |
|---|---|
| Traded price | ₹875 (as of 10:04 AM IST) |
| Reference price | ₹735.50 |
| Opening price | ₹860.00 |
| Intraday high | ₹898.05 |
| Intraday low | ₹852.50 |
| VWAP | ₹878.52 |
| Series | BE |
Order Book Reflects Active Participation
Market depth during early trading showed active two-way interest. Buy orders were concentrated around the ₹855–₹868 levels, while sell interest was visible near the ₹873–₹890 range. Buy-side quantities outweighed sell-side volumes at the time, pointing to continued participation from investors as price discovery progressed on listing day.Listing Marks Completion of Business Separation
Shankara Buildpro’s debut marks the completion of its separation from Shankara Building Products Limited, following the demerger of businesses. With trading now underway, the company begins its journey as an independently listed entity, allowing investors to assess its operations and prospects on a standalone basis.The ability of the stock to hold most of its early gains after opening suggests a measured yet constructive initial market response.
About the Company
Shankara Buildpro Limited operates in the building materials and construction solutions segment. The company commenced trading today as a standalone listed entity following its demerger, providing investors with direct exposure to its focused business operations within India’s construction and infrastructure ecosystem.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
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