Wednesday, June 15, 2011

Rushil Decor Ltd IPO

Details of Rushil Decor Limited IPO.

 

BRLM: CORPORATE STRATEGIC ALLIANZ LIMITED

 

Co-BRLM : INDBANK MERCHANT BANKING SERVICES LIMITED

 

Syndicate Member: Hem Securities Ltd

 

Security size: 56,43,750 Equity Shares

 

Issue Size : ` 3402 lacs a the lower band ` 3888 lacs at the higher band (Based on book building portion i.e excluding promoters contribution)

 

Issue Opening : 20th June 2011

 

Issue Closing : 23rd  June 2011

 

Price Band: ` 63 to `72/- Per Equity Share

 

Bid Lot: 90 Shares & In Multiples Thereof

 

Registrar: Bigshare Services Pvt Ltd.

 

Rushil Decor Ltd is a leading Indian manufacturer of decorative high pressure laminates and plain particle boards. They operate in India and Internationally with brand names of Vir laminate and Rushil decor premium laminate. They have four manufacturer of particle board products and decorative laminated products in Gujarat state.