Yug Decor Rights Issue is scheduled on 6 – 21 May 2024
Founded in 2003, Yug Decor is involved in the trading of laminates and plywood. The company is a young and dynamic organization that manufactures various types of adhesives under the brand name YUG–COL, including synthetic binders, synthetic rubber adhesives, synthetic resin adhesives, natural rubber adhesives, and footwear adhesives. The company operates two manufacturing units located in Gandhinagar, Gujarat.
As of 31 January 2024, the company has 91 employees working at its manufacturing facility and registered office. These employees manage business operations, factory management, administrative, secretarial, legal, marketing, and accounting functions, each in alignment with their respective roles and goals.
Promoters of Yug Decor – Mr. Santoshkumar Ramjilal Saraswat, and Mr. Chandresh Saraswat
Yug Decor Rights Issue Details
| Yug Decor Rights Issue Date | 7 – 28 May 2024 |
| Yug Decor Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 3,596,423 shares |
| Issue Size (in INR) | INR 3.60 crore |
| Issue Entitlement | 1 equity shares for every 2 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Yug Decor Rights Issue Record Date | 19 April 2024 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Yug Decor Rights Issue Calculation
| Yug Decor Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 48.28 per share |
| Dilution Factor (X) | 1.5 |
| Fair Value After Dilution at Prevailing Price | INR 35.52 per share |
Yug Decor Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 15.95 | 24.50 | 31.19 |
| Expenses | 15.32 | 23.97 | 29.34 |
| Operating Margin (%) | 5.66 | 3.27 | 7.33 |
| Net Income | 0.12 | 0.10 | 1.14 |
| ROCE (%) | 5.10 | 4.83 | 20.07 |
Yug Decor Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To augment the existing and incremental working capital requirement of the company – INR 2.67 crore
- General corporate purposes – INR 0.83 crore
Yug Decor Rights Offer Documents
Yug Decor Rights Issue Dates
| Rights Issue Approval Date | 13 April 2024 |
| Rights Issue Record Date | 19 April 2024 |
| Credit of Rights Entitlement | 6 May 2024 |
| Rights Issue Opening Date | 7 May 2024 |
| Last Date for Market Renunciation | 15 May 2024 |
| Rights Issue Closing Date | 28 May 2024 |
| Finalization of Basis of Allotment | 27 May 2024 |
| Rights Allotment Date | 6 June 2024 |
| Credit Date | 11 June 2024 |
| Listing Date | 13 June 2024 |
Yug Decor Rights Offer Registrar
SATELLITE CORPORATE SERVICES PRIVATE LIMITED
A/106-107, Dattani Plaza, East West Industrial Compound,
Andheri Kurla Road, Safed Pool, Sakinaka, Mumbai-400072
Phone:Â 022-28520467/ 462
Email: [email protected] /[email protected]
Website: www.satellitecorporate.com
YUG DECOR LIMITED
709-714, Sakar- V, B/H Natraj Cinema,
Ashram Road, Ahmedabad, Gujarat, India, 380009
Phone:Â +91-9375202777
Email: [email protected]
Website: www.yugdecor.com
Yug Decor Rights Offer FAQs
What is the Yug Decor Rights Issue Price?
The issue price is INR 10 per share.
What is the Yug Decor Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 2 Equity Shares held on the record date.
What is the Yug Decor Rights Issue Record Date?
The Record date is 19 April 2024.
How to Apply in Yug Decor Rights Offer?
The best way to apply in Yug Decor Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
