Rushil Decor Ltd - IPO

Rushil Decor Ltd IPO Details

Public Issue of 56,43,750 equity shares of Rs. 10 each of Rushil Decor Limited (The Company or The Issuer or RDL) at a price of Rs. 72 per equity share for cash aggregating Rs. 40.64 crores (The Issue) including promoter's contribution of 2,43,750 equity shares of Rs. 10 each at a price of Rs. 72 per equity share for cash aggregating Rs. 1.76 crores (The Promoter's Contribution) and net issue to the public of 54,00,000 equity shares at a price of Rs. 72 per equity share aggregating Rs. 38.88 crores (Net Issue). The Net issue will constitute 37.50% of the post issue paid-up capital of the company.Issue price : Rs. 72 Per Equity Share of Face Value of Rs 10 eachThe issue price is 7.2 times of the Face Value

Objective of issue

Setting up of Medium Density Fibre Board plant. Margin for working capital requirement. General corporate purpose.

Rushil Decor Ltd Contact Details

Rushil Decor Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - ipo@rushil.com, info@rushil.com

Website - www.rushil.com