IPO Issue Details
Issue Price / Price Band₹26 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size11,08,000 shares (aggregating up to ₹2.88 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 18 May 2017
Subscription CloseTue, 23 May 2017
Anchor AllotmentWed, 17 May 2017
Basis of AllotmentMon, 29 May 2017
Initiation of RefundsTue, 30 May 2017
Credit of Shares to DematTue, 30 May 2017
Listing DateWed, 31 May 2017
UPI Mandate Deadline2017-05-23
Application & Investment Details
Retail — Min (1 Lots)₹1,04,000 — 4,000 shares
Retail — Max (13 Lots)₹1,352,000 (13 Lots)
HNI — Min (2 Lots)₹2,08,000 — 8,000 shares
Net Offer to Public10,48,000 shares (aggregating up to ₹2.72 Cr)
Reserved for Market Maker60,000 shares (aggregating up to ₹0.1560 Cr)
Pre-IPO Promoter Holding30,61,766 shares
Post-IPO Promoter Holding41,69,766 shares
About Yug Decor Ltd
Incorporated in 2003, Yug Decor Ltd is engaged in trading of Laminates and plywood. Company manufacture different kinds of adhesive – Synthetic Binders, Synthetic Rubber Adhesives, Synthetic Resin Adhesives, Natural Rubber Adhesives, Footwear Adhesives under the brand name of YUG-COL.It has also positioned its brand name in the domain of Paints and Surface Coatings Distempers, Cement Primers, Emulsions (Interior Paints & Exterior Paints), Wood Finishes for Melamyne in Glossy & Matt Finish and PU Coating in Glossy & Matt Finish, Red-Oxide, Lacquer and Wood Primer under the brand name of YUG-COAT.In the year 2006, they had buy out manufacturing Unit (Unit I) of Water Based Adhesive and also commence the activity of and Rubber Solution/Adhesive i.e. PVA Based Adhesive, PVA Based Binder, Resin Solution and Rubber Adhesives for wood and footwear industry at Santej. In 2010 it acquired Unit II on lease basis to segregate Rubber solution/adhesive products at this unit from Unit I. Thereafter it added to the basket of manufacturing activity Lai (Starch Based Solution), Surface Coating: Melamyne and Magic Touch, Paints: Distemper, Cement Primer/Wall Primer, Emulsion, Enamel including Automotive Paints.Last year it acquired Unit III on lease to manufacture Paints and finishes.
Objects of the Issue
Yug Decor Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirement
2.09
2
General Corporate Purpose
0.45
3
Public Issue Expenses
0.34
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,61,766 shares
Post-IPO Promoter Holding
41,69,766 shares