Yug Decor IPO

 

Yug Décor IPO

Yug Decor IPO

Yug Décor was incorporated as Yug Adhesive Private Limited under the provision of the Companies Act, 1956 vide certificate of incorporation dated June 23, 2003 issued by the Asstt. Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Initially for a period of 3 years, the company was engaged in mere trading of Laminates and plywood. In the year 2006, the company 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 the year 2010, the company acquired the factory premises namely Manufacturing Unit II on lease basis situated at Plot No: 734/3, Opp. Nilkanth Hotel, Rakanpur, Tal: Kalol, Dist: Gandhinagar to segregate the manufacture of Rubber Solution/Adhesive activities from the Unit I. The company has also started export sales of PVA Based Adhesive to Ethiopia (INR 5.01 Lacs).

During the year 2013-16, new products were added to the basket of manufacturing activity i.e. Lai (Starch Based Solution), Surface Coating: Melamyne and Magic Touch, Paints: Distemper, Cement Primer/Wall Primer, Emulsion, Enamel including Automotive Paints. After having strong foothold in the manufacturing of various water and solvent based chemicals/adhesives, in the year 2016, the company has acquired factory premises namely Manufacturing Unit III on lease basis situated at Plot No: 734/7, Opp. Nilkanth Hotel, Rakanpur, Tal: Kalol, Dist: Gandhinagar to undertake the manufacturing activities of paints and finishes.

Promoters of Yug Décor – Santosh Kumar Saraswat and Chandresh Saraswat

Yug Décor IPO details

Subscription Dates 18 – 23 May 2017
IPO Price band INR26 per share
Fresh issue 1,108,000 shares (INR2.88 crore)
Offer for sale Nil
Total IPO size 1,108,000 shares (INR2.88 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform

 

Yug Décor’s financial performance (in INR lakh)

 FY2012 FY2013 FY2014 FY2015 FY2016 9M FY2017
Total revenue 1,305.0 1,420.6 1,486.9 1,668.8 1,767.9 1,182.6
Total expenses 1,300.3 1,414.7 1,480.8 1,662.0 1,751.8 1,156.9
Profit after tax 3.2 4.0 4.0 5.0 10.1 16.3
Day

Subscription (no. of times)

Day 1 0.30
Day 2 1.24
Day 3 1.87
Day 4 2.76

Yug Decor Limited
1011,Sakar -5, B/h. Natraj Cinema, Ashram Road
Ahmedabad 380 009

Phone: +91 79 2658 0920
Email: [email protected]
Website: www.yugdecor.com

Earnings Per Share (EPS): INR0.37

Price/Earnings (P/E) ratio: 70.92

Return on Net Worth (RONW): 4.09%

Net Asset Value (NAV): INR8.86 per share

Satellite Corporate Services Pvt Ltd
B-302, Sony Apartment, 90 feet road,
Jarimari, Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2852 0461
Fax: +91 22 2851 1809
Email: [email protected]
Website: www.satellitecorporate.com

Yug Decor IPO allotment status is now available on Satellite Corporate Services’ website. Click on this link to get allotment status.

IPO Opening Date: 18 May 2017

IPO Closing Date: 23 May 2017

Listing Date: 31 May 2017

Listing Price on BSE SME: INR27 per share (up 3.8% from IPO price)

Closing Price on BSE SME: INR26.1 per share (up 0.4% from IPO price)

1 COMMENT

  1. Hi,sir I want the details of manufacture of solation where are the branches near Maharashtra with details please send the number details.

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