Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Thu, May 18, 2017 - Tue, May 23, 2017
Yug Decor IPO is a fixed price issue of ₹2.88 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹2.88 crore.
Yug Decor IPO bidding started from May 18, 2017 and ended on May 23, 2017. The shares got listed on BSE SME on May 31, 2017.
Yug Decor IPO price is ₹26 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,04,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,08,000.
Gretex Corporate Services Ltd. is the book running lead manager and Satellite Corporate Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Yug Decor IPO RHP for detailed Information.
IPO Open
Thu, May 18, 2017
IPO Close
Tue, May 23, 2017
Issue Price
₹26 per share
Market Cap (Pre-IPO)
₹10.84 Cr
| IPO Date | 18 to 23 May, 2017 |
| Listed on | Wed, May 31, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹26 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 11,08,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 60,000 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹0.1560 Cr) |
| Fresh Issue (Ex Market Maker) | 10,48,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 10,48,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 30,61,766 shares |
| Share Holding Post Issue | 41,69,766 shares |
| BSE Script Code | 540550 |
| ISIN | INE796W01019 |
Yug Decor IPO comprises a total issue size of 11,08,000 shares. The net offer to the public is 10,48,000 shares, after excluding 60,000 shares allotted on a firm basis. Of the Net offer 5,24,000 (50.00%) allocated to NII 5,24,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,24,000 | 50.00% | 47.29% |
| Retail Shares Offered | 5,24,000 | 50.00% | 47.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 60,000 | 5.42% | |
| Total Shares Offered | 11,08,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,04,000 |
| Retail (Max) | 1 | 4,000 | ₹1,04,000 |
| HNI (Min) | 2 | 8,000 | ₹2,08,000 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 2.09 |
| 2 | General Corporate Purpose | 0.45 |
| 3 | Public Issue Expenses | 0.34 |
The Yug Decor IPO is subscribed [.] times on May 22, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Printing & Stationery and Postage Expenses | 0.02 |
| 2 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.25 |
| 3 | Marketing and Advertisement Expense | 0.02 |
| 4 | Regulatory fees and other expenses | 0.04 |
| 5 | Other Miscellaneous expenses | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹26.00 |
| Open | ₹27.00 |
| Low | ₹26.05 |
| High | ₹29.90 |
| Last Trade | ₹26.10 |
Satellite Corporate Services Pvt.Ltd.
Lead Manager Reports
Yug Decor IPO is a SME IPO of 11,08,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹26 per share. The minimum order quantity is 4000.
The IPO opens on Thu, May 18, 2017, and closes on Tue, May 23, 2017.
Satellite Corporate Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Yug Decor IPO using UPI as a payment gateway. Zerodha customers can apply in Yug Decor IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Yug Decor IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Yug Decor IPO opens on Thu, May 18, 2017 and closes on Tue, May 23, 2017.
Yug Decor IPO lot size is 4000, and the minimum amount required for application is ₹1,04,000.
You can apply in Yug Decor IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Yug Decor IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Yug Decor IPO allotment status.
The Yug Decor IPO listing date is on Wed, May 31, 2017.
