Decolight Ceramics Ltd - IPO

Decolight Ceramics Ltd IPO Details

Public issue of 80,45,557 equity shares of Rs. 10/- each of Decolight Ceramics Limited (hereinafter referred to as the company or issuer) at a price of Rs.54/- per equity share for cash aggregating Rs.43.45 Crores (hereinafter referred to as the issue) including promoter's contribution of 1,66,668 equity shares of Rs.10/- each at a price of Rs.54/- per equity share for cash aggregating Rs.0.90 Crores (hereinafter referred to as the promoter's contribution) and net issue to the public of 78,78,889 equity shares at a price of Rs.54/- per equity share aggregating Rs.42.55 Crores (hereinafter referred to net issue) the net issue will constitute 42.98% of the post issue paid-up capital of our company.Issue Price is Rs.54/- per equity share of Fave Value Rs.10/-eachThe issue price is 5.4 times of the face value

Objective of issue

To expand capa. of Vitrified tiles to 12000SQMetPD. To establish manufacturing facilities of ACP. To set up 4.6 MW wind turbine generators. Addl. Office and Factory Buildings and godowns. Other Fixed Assets/GEB Deposit & Line Charges. Margin Money for Working Capital requirements.

Decolight Ceramics Ltd Contact Details

Decolight Ceramics Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Email - decolight2012@yahoo.com

Website - www.decocovering.com