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Rushil Decor Right Issue Details 2023

Right Issue Status: Closed [2nd May 2023 to 12th May 2023]

Rated 3/5 by Team InvestorGain

Rushil Decor  Right Issue Detail

Rushil Decor Limited offers Right Issue size of 6,635,421 equity shares which subscription is opening from 02 May 2023 to 12 May 2023. The company issues 01right equity shares for every fully paid-up 03 equity shares held on the record date of 13 Apr 2023. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs. 162 per share.

Stay updated with us to know more about the Rushil Decor Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.

Rushil Decor Right Issue Objective

The proceeds from the issue will be used for the following objects:

  1. Repayment or pre-payment in full or part, of certain identified unsecured loans availed by the company from the Promoter and members of the Promoter Group.
  2. To augment the existing and incremental working capital requirement and general corporate purposes.

Rushil Decor Right Issue Details

Rushil Decor Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 0.66 Cr Shares
Right Issue Issue Size (Amount) ₹107.49 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹162 per share
Right Issue Record Date 13th Apr 2023
Right Issue Entitlement 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date
Right Issue Terms of payment

The entire amount of the issue price of ₹ 162/- per rights equity share shall be payable at the time of application.

Listing At BSE, NSE
BSE Code 533470
NSE Code RUSHIL

Rushil Decor Right Issue Dates

In this section we have covered all important dates related to Rushil Decor Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

Rushil Decor Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 2nd May 2023
Right Issue Issue Close Date 12th May 2023
Basis of Allotment Finalisation Date* 23rd May 2023
Refunds Initiation* 8th May 2023
Credit of Shares to Demat Account* 26th May 2023
Right Issue Listing Date* 31st May 2023

* - Tentative Dates

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About Company - Rushil Decor

Rushil Decor Limited commenced operations in 1993. This Company is engaged into manufacturing of Laminated Sheets, Medium Density Fibre Board and Poly Vinyl Chloride Foam Board using facilities strategically located at Gujarat, Karnataka and Andhra Pradesh. This Company manufactures decorative (single sided) as well as industrial (double sided) Laminates with a wide range of designs, colours and finishing in three of its manufacturing plants located at Gujarat having aggregate laminate capacity of 34.92 lakh sheets per annum.

The Company also manufactures standard thick Medium Density Fibre Boards and Pre-lam Medium Density Fibre Boards with thickness ranging from 7 mm to 30 mm at its plant located at Chikmagalur, Karnataka with an installed capacity of 300 CBM per day or 90,000 CBM per annum and Poly Vinyl Chloride Foam Board with thickness ranging 4 mm to 28 mm with an installed capacity of 5,760 MT per annum.

Over the years, they have made continuous investments in its manufacturing infrastructure to support their product portfolio requirements and reach. The capabilities as a company include internal R&D expertise, state-of-the-art manufacturing capabilities, a strict quality assurance system, modern production designing experience and established marketing and distribution relationships.

The strict compliance with the internal quality control and international standards of quality, has enabled them to expand their operations internationally to countries including Kenya, Kuwait, Qatar, South Africa, Sri Lanka, UAE, Nepal, Port of Spain, United States of America, Bahrain, Indonesia, Jordan, Malaysia, Mexico, Oman, Philippines, Russia, Saudi Arabia, Singapore, Thailand, Yemen, Sudan, Vietnam, Bangladesh, Ireland, etc.

Rushil Decor Financials for past 3 Years

Past performance and financial results of Rushil Decor .

Rushil Decor Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-21808.43339.7713.72264.15378.06
31-Mar-22886.76625.5822.80286.79419.11
Amount in ₹ Crore

Rushil Decor Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    Rushil Decor Limited
    S. No. 125, Near Kalyanpura Patia, Gandhinagar Mansa Road, Kalol, Village Itla
    Gandhinagar,Gujarat-382845
    India
    Website: www.rushil.com
    Phone: +91 98 2543 8039
    Email: [email protected]

    Registrar

    Bigshare Services Pvt Ltd
    1st Floor, Bharat Tin Works Building,
    Opp. Vasant Oasis,Makwana Road,
    Marol, Andheri(E), Mumbai - 400 059
    Website: https://ipo.bigshareonline.com/IPO_Status.html
    Phone: +91-22-6263 8200
    Email: [email protected]

    Lead Manager

    1. Saffron Capital Advisors Private Limited

    Rushil Decor Right Issue Offer Document (Letter of Offer) >>Document

    Rushil Decor Right Issue Offer Document (Letter of Offer) >>Rushil Decor Right Issue Red Herring Prospectus is not yet available.

    Rushil Decor Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Rushil Decor Right Issue Online Application (Registrar & Transfer Agent) >>Rushil Decor Right Issue RTA information is not yet available.

    Rushil Decor Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Rushil Decor ? Should I apply in Rushil Decor Right Issue?

    Last Updated on 2023-05-15T03:30:44+00:00


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