✓
Open
24 May 2007
✓
Close
29 May 2007
3
Allotment
—
✓
Listing
Tue, Jun 19, 2007
Price Band
₹45 to ₹54
Issue Size
80,47,397 shares (agg. up to ₹43 Cr)
Lot Size
125 Shares
Listing Date
Tue, Jun 19, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.65x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To expand the capacity of manufacture of vitrified tiles from 6000 sq.meters 1265.00 per day to 12000 sq. meters per day | 12.65 |
| 2 | To establish manufacturing facilities of aluminum composite panels(ACP) | 3.35 |
| 3 | To set up 4.6 MW wind turbine generators (WTG) | 23.25 |
| 4 | Additional office & factory buildings and godowns | 6.40 |
| 5 | Other fixed assets / GEB Deposit & Line charges, extra space etc | 2.35 |
| 6 | Margin money for Working capital requirements | 11.00 |
| 7 | To meet the issue expenses | 3.50 |
About Decolight Ceramics IPO
Incorporated in 2004, Decolight Ceramics Limited is in the business of manufacturing Vitrified Ceramic Tiles used as floor tiles. Decolight is among the fastest growing company in this field.Promoter of this Decolight Ceramics Mr. Girishkumar is Chairman of Indian Council of Ceramic Tiles and Sanitary wares Association (ICCTAS) and President of Gujarat Ceramic Tiles Manufacturers Association.Brand: GranoliteVitrified Ceramic Tiles are used as floor tiles in Residential complexes, Commercial complexes (SEZ’s, I.T. Parks, Airports, Hotels, Web Worlds, Call Centres etc.) and Retail spaces (Shopping Malls, Multiplexes etc.). They are quite popular these days as they cost one fourth of Italian Marble. They look elegant like marble and are available in excellent quality and durability.+ Read More
Contact Details
Decolight Ceramics Ltd. AddressBehind Romer Ceramics, Ghuntu Road213, Sabari KachigamMorbi, Gujarat, 363642+ 91 2822 241 988dcl@decocovering.comVisit Website