Established in 1993, Rushil Decor Limited stands as the flagship entity of the esteemed Rushil Group, specializing in the fabrication of Decorative Laminated Sheets, Medium Density Fibre Board, and Poly Vinyl Chloride Board.
The company’s robust infrastructure comprises five modern manufacturing facilities. Three of these cutting-edge units are strategically located in Gujarat, while the remaining two are situated in Karnataka and Andhra Pradesh. Each facility boasts the capability to produce a diverse range of Laminated Sheets, Medium Density Fibre Board, and Poly Vinyl Chloride Foam Board, spanning various sizes and specifications.
An in-house design team further enhances Rushil Decor’s offerings, consistently generating new designs in response to evolving market demands.
The company proudly showcases an array of brands, including “VIR LAMINATE,” “VIR MDF,” “VIR PROPLUS,” “VIR MAXPRO,” “VIR PRELAM MDF,” “VIR PVC,” and “VIR STUDDIO,” emblematic of its commitment to quality and innovation.
Rushil Decor’s reach extends beyond borders, with operations spanning multiple countries such as Kenya, Kuwait, Qatar, South Africa, Sri Lanka, UAE, Nepal, and more. This expansive global presence highlights the company’s enduring dedication to excellence and its significant role in the decor and construction industry.
Rushil Decor Ltd. Stock Quote #
- Open: ₹275.00
- High – Low: ₹276.25 – ₹267.00
- Previous Close: ₹274.45
- Total Traded Value: 66,104
- 52 Weeks High: ₹597.70 (Sep 13, 2022)
- 52 Weeks Low: ₹203.67 (Mar 29, 2023)
- Updated On: Aug 11, 2023 4:00 PM
Rushil Decor Rights Issue 2023 Detail #
| Issue Open | May 2, 2023 – May 12, 2023 |
| Security Name | Rushil Decor Limited |
| Issue Size (Shares) | 6,635,421 |
| Issue Size (Amount) | ₹107.49 Crores |
| Issue Price | ₹162 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The entire amount of the issue price of ₹ 162/- per rights equity share shall be payable at the time of application. |
| Entitlement | 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date |
Rushil Decor Rights Issue 2023 Issue Timetable #
| Last Date to buy shares | Apr 12, 2023 |
| Record Date | Apr 13, 2023 |
| Credit of Rights Entitlements | Apr 20, 2023 |
| Bid/Offer Opens On | May 2, 2023 |
| Renunciation of Rights Entitlements | May 8, 2023 |
| Bid/Offer Closes On | May 12, 2023 |
| Deemed Date of Allotment | May 23, 2023 |
| Credit Date | May 26, 2023 |
| Listing Date | May 31, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-21 | 808.43 | 339.77 | 13.72 | 264.15 | 378.06 |
| 31-Mar-22 | 886.76 | 625.58 | 22.80 | 286.79 | 419.11 |
| Amount in ₹ Crore | |||||
Objects of the Issue: #
The proceeds from the issue will be used for the following objects:
- Repayment or pre-payment in full or part, of certain identified unsecured loans availed by the company from the Promoter and members of the Promoter Group.
- To augment the existing and incremental working capital requirement and general corporate purposes.
Rushil Decor Rights Issue 2023 Documents #
Company Contact Information #
S. No. 125, Near Kalyanpura Patia,
Gandhinagar Mansa Road, Kalol,
Village Itla, Gandhinagar – 382 845Phone: +91 98 2543 8039
Email: ipo@rushil.com
Website: http://www.rushil.com
Rushil Decor Rights Issue 2023 Registrar #
- Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
