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Yug Decor Ltd Rights Issue (Yug Decor Rights Issue 2024) Detail

May 7, 2024 - May 28, 2024
Yug Decor Ltd Logo

Founded in June 2003, YUG Decior Limited specializes in trading laminates and plywood. The brand name YUG-COL is used to manufacture different types of adhesives, such as synthetic binders, synthetic rubber adhesives, synthetic resin adhesives, natural rubber adhesives, and footwear adhesives.

The company has two manufacturing units situated in Gandhinagar Gujarat.

As of January 31, 2024, Yug Decor Limited has 91 employees working at its manufacturing facility and registered office. These employees are responsible for managing business operations, factory management, administration, secretarial work, legal compliance, marketing, and accounting functions, as per their designated goals and responsibilities.

Yug Decor Rights Issue 2024 Detail

Issue Open May 7, 2024 - May 28, 2024
Security Name Yug Decor Ltd
Issue Size (Shares) 3,596,423
Issue Size (Amount) ₹3.60 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The Issue Price of Rs. 10/- per Rights Equity Share shall be payable at the time of application.

Entitlement 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date

Yug Decor Rights Issue 2024 Issue Timetable

Last Date to buy sharesApril 18, 2024
Record Date April 19, 2024
Credit of Rights Entitlements May 6, 2024
Bid/Offer Opens On May 7, 2024
Renunciation of Rights Entitlements May 15, 2024
Bid/Offer Closes On May 28, 2024
Deemed Date of Allotment June 6, 2024
Credit Date June 11, 2024
Listing Date June 13, 2024

Company Financials

Yug Decor Ltd Financial Information (Restated)

Yug Decor Ltd's revenue increased by 27.6% and profit after tax (PAT) rose by 1099.37% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 2022
Assets15.8015.25
Revenue14.0031.2724.50
Profit After Tax0.801.140.10
Net Worth8.247.446.30
Amount in ₹ Crore

Objects of the Issue:

The Company proposes to utilize the Net Proceeds to:

  1. To augment the existing and incremental working capital requirement of the company; and
  2. General Corporate Purposes

Yug Decor Rights Issue 2024 Subscription Status

Yug Decor Rights Issue 2024 got oversubscribed by 2.32 times by the end of the bidding period with total bid quantity received by BSE of 8,338,650 shares.

Yug Decor Rights Issue 2024 Documents

Yug Decor Rights Issue 2024 Rating

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Yug Decor Rights Issue 2024 Reviews

Company Contact Information

Yug Decor Ltd
709-714, Sakar- V, B/H Natraj Cinema
Ashram Road
Ahmedabad- 380009

Phone: +91-9375202777
Email: account@yugdecor.com
Website: https://yugdecor.com/

Yug Decor Rights Issue 2024 Registrar

  1. Satellite Corporate Services Private Limited
    Phone: +91-22- 28520461/462
    Email: service@satellitecorporate.com
    Website: https://www.satellitecorporate.com/ipo-query.php

  2. Cameo Corporate Services Limited
    Phone: +91-22- 28520461/462
    Email:
    Website: https://www.satellitecorporate.com/ipo-query.php

Yug Decor Rights Issue 2024 Lead Manager(s)

Yug Decor Rights Issue 2024 FAQs

The Yug Decor Rights Issue 2024 opens on May 7, 2024, and closes on May 28, 2024.

Yug Decor Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsMay 6, 2024
Last Date for renunciation of Rights EntitlementsMay 15, 2024
Issue Opening DateMay 7, 2024
Issue Closing DateMay 28, 2024
Date of Allotment (on or about)June 6, 2024
Date of Credit (on or about)June 11, 2024
Date of Listing (on or about)June 13, 2024

Yug Decor Rights Issue 2024 price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (April 19, 2024).

The record date for the Yug Decor Rights Issue 2024 is April 19, 2024.

The issue size of Yug Decor Rights Issue 2024 is of 3,596,423 equity shares at ₹10 per share aggregating upto ₹3.60 Crores.

The Letter of Offer for Yug Decor Rights Issue 2024 can be download here.

You can apply for Yug Decor Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Yug Decor Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Yug Decor Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Yug Decor Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Yug Decor Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Yug Decor Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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