Incorporated in 2003, Yug Decor Ltd is engaged in trading of Laminates and plywood. Company manufacture different kinds of adhesive â€“ 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.
The promoters of the company are:
1. Mr. Santosh Kumar Saraswat and
2. Mr. Chandresh Saraswat
The objects of the Issue are:
1. Working Capital Requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.
»» Issue Open: May 18, 2017 - May 23, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,108,000 Equity Shares of Rs 10 aggregating up to Rs 2.88 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 26 Per Equity Share
»» Market Lot: 4000 Shares
»» Minimum Order Quantity: 4000 Shares
»» Listing At: BSE SME
|Number of Bids Received|
|As on Date & Time||Total|
|Shares Offered / Reserved|
|Day 1 - May 18, 2017 17:00 IST||336,000|
|Day 2 - May 19, 2017 17:00 IST||1,380,000|
|Day 3 - May 22, 2017 17:00 IST||2,072,000|
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