Shankara Building Products Limited opens its 111th Store

Shankara Building Products Limited (BSE Scrip ID - 540425), a leading organized retailer of home improvement and building products in India, today announced the opening of its 111th store under the "Shankara Buildpro" brand.

The store has been opened in Bhavanipuram, in Vijayawada in the state of Andhra Pradesh. The store admeasures ~2,500 sq.ft. in size and shall progressively house all SKU's available at our other stores. With this new store, our retail presence spans across a total area of 3,98,270 sq. ft.

Shankara Building Products is one the leading organized retailers of home improvement and building products in India based on number of stores, operating under the brand name "Shankara Buildpro". As on date, the Company has 111 Shankara Buildpro stores spread across 9 states and 1 union territory in India. The Company caters to a large customer base across various end-user segments in urban and semi-urban markets through multi-channel sales approach, processing facilities, supply chain and logistics capabilities.

Source : Equity Bulls

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