Rushil Decor Limited Right Issue

₹107.49 Cr BSE, NSE 2 May 2023 – 12 May 2023

Closed Ratio: 1 : 3 BSE, NSE
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Issue Price
₹162.00
Face Value
₹10.00
Issue Size (Shares)
6,635,421
Issue Size (₹ Cr.)
₹107.49
📅 Right Issue Timetable
Last Date to Buy SharesWed, Apr 12, 2023
Record DateThu, Apr 13, 2023
Credit of Rights EntitlementsThu, Apr 20, 2023
Bid/Offer Opens OnTue, May 2, 2023
Issue Open DateTue, May 2, 2023
Renunciation Last DateMon, May 8, 2023
Bid/Offer Closes OnFri, May 12, 2023
Issue Close DateFri, May 12, 2023
Deemed Date of AllotmentTue, May 23, 2023
Credit DateFri, May 26, 2023
Listing DateWed, May 31, 2023
📋 Right Issue Details
Issue Size (Shares)6,635,421
Issue Size (Amount)₹107.49 Cr.
Issue Price₹162.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 3
Listing AtBSE, NSE
Terms of Payment₹162 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-31FY I
Income625.58339.77
EBITDA
Net Worth286.79264.15
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1993, Rushil Decor Limited is a flagship company of the Rushil Group that manufactures Decorative Laminated Sheets, Medium Density Fibre Board, and Poly Vinyl Chloride Board.

The Company currently owns five manufacturing facilities out of which three manufacturing units are located in Gujarat and one each in Karnataka and Andhra Pradesh respectively. Each of these facilities has the ability to manufacture various ranges and sizes of Laminated Sheets, Medium Density Fibre Board and Poly Vinyl Chloride Foam Board

The company also has an in-house design team which is responsible for creating new designs for products as per the market demand.

Rushil Decor's brands include "VIR LAMINATE", "VIR MDF", "VIR PROPLUS", "VIR MAXPRO", "VIR PRELAM MDF", "VIR PVC" and "VIR STUDDIO".

The company has its operations in Kenya, Kuwait, Qatar, South Africa, Sri Lanka, UAE, Nepal, and other countries.
📞 Company Contact
CompanyRushil Decor Limited
AddressS. No. 125, Near Kalyanpura Patia,
Gandhinagar Mansa Road, Kalol,
Village Itla, Gandhinagar – 382 845
Gandhinagar, Gujarat, 382845
Phone+91 98 2543 8039
Emailipo@rushil.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd
Phone8657578989
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗