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Monday, June 20, 2011

Rushil Decor IPO- Nothing Decorative in it

Rushil Décor Limited (RDL)
Issue Highlights
Piece band: ì 63-ì72
Face value: ì 10
Market Lot:  90 Equity Shares
Issue Period: 20/6/2011-23/6/2011
Issue Size: 56,43,750 shares

Industry and Company Overview
Rushir décor Limited is the flagship company of Rushil group. The group is involved in the manufacturing of laminated sheets and allied products for past 15 years.
RDL manufactures decorative laminates, industry laminates and particle boards under the brand name of Vir laminates.
The company has got 4 manufacturing units in Gujarat, 3 at Gandhingar and one at Surendranagar.
 The company is in the process of setting the  manufacturing unit in Karnataka to establish  MDF (medium density fiber) project.
Download Complete IPO Analysis Report

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