Shankara - About the company
Shankara is a public company based in Bengaluru (India), founded in 1995 by Sukumar Srinivas. It operates as a Supplier of construction materials, tiles, and wooden flooring products. Shankara has raised $11.6M in funding from Fairwinds Private Equity. The company has 5636 active competitors, including 13 funded and 557 that have exited. Its top competitors include companies like Boral, USG and Kodiak Building Partners.
Company Details
Supplier of construction materials, tiles, and wooden flooring products. It offers products such as fabrication items, cement, roofing solutions, CP fittings, sanitary ware items, tiles, wooden flooring products, and more. The company sells its products through offline retail stores as well as online.
- Website
- shankarabuildpro.com
- Email ID
- *****@shankarabuildpro.com
- Phone Number
- +91 **********
- Registered Address
- PLOT NO.47, INDUSTRIAL AREA,HOSKOTE, HOSKOTE, Karnataka, India, 562114
Key Metrics
Founded Year
1995
Location
Bengaluru, India
Stage
Public
Total Funding
$11.6M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 5636 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
925 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Shankara
Shankara is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SHANKAR INFRASTRUCTURE PRIVATE LIMITED CIN: U70200WB2009PTC140302 , India, Active | Dec 17, 2009 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
SHANKARA BUILDING PRODUCTS LIMITED CIN: L24311KA1995PLC018990 , India, Active | Oct 13, 1995 | ₹1,000+ Cr (As on Mar 31, 2026) | 29 (As on Apr 01, 2026) | |
VISHAL PRECISION STEEL TUBES AND STRIPS PRIVATE LIMITED CIN: U00291KA1991PTC012581 , India, Active | Dec 04, 1991 | ₹1,000+ Cr (As on Mar 31, 2025) | 74 (As on Oct 31, 2023) | |
TAURUS VALUE STEEL & PIPES PRIVATE LIMITED CIN: U28112TG2009PTC064592 , India, Active | Aug 01, 2009 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 8 (As on Aug 01, 2025) |
Shankara's IPO details
Shankara got listed on Apr 05, 2017.
Click here to take a look at Shankara's IPO in detail
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Shankara's funding and investors
Shankara has raised a total funding of $11.6M over 2 rounds. Its first funding round was on 2011. Its latest funding round was a Post IPO round on Mar 24, 2022 for $*****. 1 investor participated in its latest round. Shankara has 4 institutional investors.
Here is the list of recent funding rounds of Shankara:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 24, 2022 | 3070724 | Post IPO | 6816462 | 1743347 | 1424932 | 2836229 |
2011 | 4433 | Series A | 9189 | 4366 | 4400 |
View details of Shankara's funding rounds and investors
Shankara's founders and board of directors
Founder? Claim ProfileThe founders of Shankara is Sukumar Srinivas.
Here are the details of Shankara's key team members:
- Sukumar Srinivas: Founder & MD of Shankara and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Shankara's Board of Directors
Shankara's board has 10 active members. Sukumar Srinivas and Dhananjay Mirlay Srinivas are part of team and Chandu Nair, Muthuraman N, Chowdappa Ravikumar, Ravichandar Venkataraman, Jayashri Murali, Bhadranarasimham Jayaraman, Gopalamani Sujatha and Medepalli Eswara Rao are independent board members.Here is the list of Shankara's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 7m | |
rglprnn | Team | - | Current | 6y 4m |
Independent board member | - | Current | 11y 3m | |
jflwknt | Independent board member | - | Current | 4y 6m |
ptalbnm | Independent board member | - | Current | 7y 8m |
phdaagr | Independent board member | - | Current | 7y 9m |
bhhqgtg | Independent board member | - | Current | 4y 3m |
teujddy | Independent board member | - | Current | 6y 7m |
mwhddqf | Independent board member | - | Current | 8y 4m |
nutkti{ | Independent board member | - | Current | 2y 5m |
View details of Shankara's Founder profiles and Board Members
Shankara's employee count trend
Shankara has 925 employees as of Mar 26. The total employee count is the same as what it was in Mar 25. Here is Shankara's employee count trend over the years:
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Shankara's Competitors and alternates
Top competitors of Shankara include Boral, USG and Kodiak Building Partners. Here is the list of Top 10 competitors of Shankara, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Supplier of construction materials & building products | $22.4M | 74/100 | ||
2nd | USG 1902, United States, Acquired | Supplier of construction materials | - | 59/100 | |
3rd | Kodiak Building Partners 2011, Littleton (United States), Acquired | Building material supplier | - | 59/100 | |
4th | Simpson Strong-Tie 1956, Pleasanton (United States), Unfunded | Supplier of building products | - | - | 57/100 |
5th | QXO 1995, Greenwich (United States), Public | Distributor of building products | - | 57/100 | |
6th | Distributor of building materials | - | - | 56/100 | |
7th | Supplier of construction materials, tiles, and wooden flooring products | $11.6M | 41/100 | ||
8th | Beacon 1928, Herndon (United States), Acquired | Chains providing building materials and supplies for residential and commercial construction projects | - | 56/100 | |
9th | Martin Marietta 1993, Raleigh (United States), Public | Supplier of building materials | - | 56/100 | |
10th | Summit Materials 2008, Denver (United States), Acquired | Supplier of concrete, aggregators, and other building materials | $159M | 53/100 |
Looking for more details on Shankara's competitors? Click here to see the top ones
Shankara's Investments and acquisitions
Shankara has acquired 2 companies including Purple Splash Materials and Centurywells Roofing India. Shankara has not made any investments as of now.Reports related to Shankara
Here is the latest report on Shankara's geography:
News related to Shankara
Media has covered Shankara for 1 event in last 1 year.
•
Shankara Building Products allots shares in demerged entity Shankara BuildproMoneycontrol•Sep 26, 2025•Shankara
•
Shankara Buildi Standalone March 2025 Net Sales at Rs 1,560.17 crore, up 18.07% Y-o-YMoneycontrol•May 16, 2025•Shankara
•
Shankara Buildi Standalone March 2024 Net Sales at Rs 1,321.40 crore, up 7.45% Y-o-YMoneycontrol•May 20, 2024•Shankara
•
Shankara Building Products receives affirmation in credit ratingsBusiness Standard•Jan 05, 2023•Shankara
•
Shankara raises Rs105cr from APL Apollo Mart; stock skids ~2%India Infoline•Mar 24, 2022•Shankara, APL Apollo
•
Shankara Building MD offloads co's shares for over Rs 75 croreBusiness Standard•Mar 21, 2022•Shankara
•
•
Shankara Building Products to close retail stores in four statesIndia Infoline•May 05, 2021•Shankara
•
Apl Apollo Tubes To Acquire Tube Manufacturing Unit Located At HyderabadUdaipur Kiran•May 20, 2019•APL Apollo, Shankara
•
APL Apollo Tubes buys Shankara Building's tube manufacturing unitVCCircle•Apr 15, 2019•APL Apollo, Shankara
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