Rushil Decor Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,700,000 (50%) | — | ₹1,944 Cr |
| NII (HNI) | — | 810,000 (15%) | — | ₹583 Cr |
| Retail | — | 1,890,000 (35%) | — | ₹1,361 Cr |
| Σ Total | — | 5,400,000 (100%) | — | ₹38,880 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹6,480 |
| Retail (Max) | 13 | 1,170 | ₹84,240 |
| S-HNI (Min) | 14 | 1,260 | ₹90,720 |
| B-HNI (Min) | 67 | 6,030 | ₹434,160 |
Financial Statements Amount in Lakhs
| Metric | 31-Dec-10 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue | 9,663 | 10,263 | 9,680 |
| Profit After Tax | 376 | 385 | 278 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1. Setting up of Medium Density Fibre Board (MDF) plant at Plot No. 58 & 59, Amble Industrial Area, Taluka and District: Chikmagalur, Karnataka; –
- 2. Margin for Working Capital Requirement; –
- 3. Public Issue Expenses; –
- 4. General Corporate Purpose. –
Company Overview
Incorporated in 1993, Rushil Decor Ltd, a flagship company of the Rushil Group is a leading Indian manufacturer of decorative high pressure laminates and plain particle boards. They operate in India and internationally with brand names of Vir laminate and Rushil decor premium laminate. They have four manufacturers of particle board products and decorative laminated products in Gujarat state. Vir Laminate is the largest seller of Laminated sheets and Particle Board in India.
Company offers comprehensive engineered interior products which include:
1. Decorative Laminate Sheets
2. Industry laminate Sheets
3. Rushil Kitchen Door
4. Plain Particle Boards