Right Issue Status: Closed [21st Sep 2020 to 5th Oct 2020]
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.
Rushil Decor Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
| Rushil Decor Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size(Shares) | 49,77,111 Eq Shares |
| Right Issue Issue Size(Amount) | ₹242.7 crore |
| Face Value | ₹10 Per Equity Share |
| Right Issue Issue Price | ₹50 |
| 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 Décor Ltd’s revenue has fallen by 3.72% to Rs 335.60 Cr for the FY2019-20 from the past two years’ revenue of 343.74 Cr FY2018-19 and 343.52 Cr of FY2017-18. This decline takes place as the company has suspended its operations due to lockdown during the pandemic.
EBIT for FY2019-20 is Rs 31.76 Cr as against Rs 36.51 Cr in FY2018-19, which shows the decline of 13.01%. Rushil Décor has posted a higher PAT of Rs 23.05 Cr (Rs 14.34 crore in FY2018-19) and Net profit is 23.04 Cr and 14.33 Cr for the financial year 2019-20 and 2018-19 respectively.
| 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 |
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.
| 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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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
Bigshare Services Private Limited
1st floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East),
Mumbai- 400 059, Maharashtra, India.
E-mail: [email protected]
Website: www.bigshareonline.com
Contact person: Arvind Tandel
Investor grievance: [email protected]
Saffron Capital Advisors Private Limited
605, Center Point, 6th floor,
Andheri Kurla Road, J. B. Nagar, Andheri (East),
Mumbai - 400 059, Maharashtra, India
E-mail: [email protected]
Website: www.saffronadvisor.com
Investor grievance: [email protected]
Contact Person: Amit Wagle / Gaurav Khandelwal
Last Updated on 2020-09-15T05:27:01+00:00
