Issue Open:
June 20, 2011
Issue close:
June 23, 2011
Price Band:
Rs. 63 - Rs. 72 Per Equity Share
Minimum Bid Size:
90 Equity Shares
Face Value:
Rs. 10 Per Equity Share
Issue Type:
100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 200000
RUSHIL DECOR LIMITED:
Incorporated in 1993, Rushil Decor Ltd, a flagship company of the Rushil Group 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 manufacturers of particle board products and decorative laminated products in Gujarat state. Vir Laminate is the largest seller of Laminated sheets and Particle Board in India.
ICRA has assigned an IPO Grade 2 to Rushil Decor IPO. This means as per ICRA, company has 'Below Average Fundamentals'.
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