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Rushil Decor Ltd Right Issue Review 2020

Right Issue Status: Closed [21st Sep 2020 to 5th Oct 2020]

Rated 4/5 by Team InvestorGain

Rushil Decor Right Issue Detail

Rushil Decor Right Issue Objective

  • Repayment or prepayment of unsecured loans brought in by the Promoter and the group of Rs 1,832 Lakhs.
  • To use the funds towards general corporate purposes.

Rushil Decor Right Issue Details

Rushil Decor Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 49,77,111
Right Issue Issue Size (Amount) ₹242.7 crore
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹50 per share
Right Issue Record Date 11th Sep 2020
Right Issue Entitlement 1 fully paid up share for every 3 equity shares held on the Record Date
Right Issue Terms of payment Partly Paid-up
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 21st Sep 2020
Right Issue Issue Close Date 5th Oct 2020
Basis of Allotment Finalisation Date* 14th Oct 2020
Refunds Initiation* 15th Oct 2020
Credit of Shares to Demat Account* 16th Oct 2020
Right Issue Listing Date* 20th Oct 2020

* - Tentative Dates

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About Company - Rushil Decor

Incorporated in the year 1993, Rushil Décor Ltd is one of the leading companies in the Laminate and MDF panel boards industry in India. It offers a range of products including Laminates, MDF Boards, HDFWR (High-Density Fiber Water Resistant) Boards, Pre-Laminated Decorative MDF Boards, PVC Boards and also offer after-sales services under the VIR Brand.

Rushil Décor has modern in-house manufacturing facilities in Gujarat, Karnataka, and Andhra Pradesh. The company has a global footprint in around 42 countries which aims to create a strong place in its customers’ hearts through their design and different product categories. The company has an in-house design and merchandising team which works as an effective tool to covert the product as per customers’ needs.

Key details to Rushil Décor Ltd Right Issue 2020

  • Issue Price- Rs. 50 per equity share (including a premium of Rs 40 per share, FV of Rs 10 each)
  • Rights ratio- 1:3; 1 fully paid-up right issue share for every 3 equity shares held by eligible shareholders as on record date of Sept 11, 2020
  • Total no. of right shares proposed- 49,77,111 equity shares of face value Rs 10 each @ Rs 50 amounting to Rs 2489 Lakhs.

Rushil Decor Financials for past 3 Years

Past performance and financial results of Rushil Decor.

Rushil Decor financial
Title FY 2020 FY 2019
Total revenue 339.13 352.23
PAT 23.05 14.34
EBITDA 40.05 45.14
Total Assets 758.80 578.21
EBIT 31.76 36.51
Reserves and surplus 213.47 172.47
Long term borrowings 1586.52 1413.30
Short term borrowings -120.44 -135.90
Debt to equity 1.74 1.24

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
    Rushil House, Near Neelkanth Green Bungalow,
    Off. Sindhu Bhavan Road, Shilaj, Ahmedabad,Gujarat-380 058
    India
    Website: www.rushil.com/
    Phone: +91-79-6140-0400
    Email: [email protected]

    Registrar

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Website: https://linkintime.co.in/Initial_Offer/public-issues.html
    Phone: +91-22-4918 6270
    Email:

    Lead Manager

    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 2021-04-13T01:08:57+00:00


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