Decolight Ceramics Ltd IPO

IPO Synopsis

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 promoters 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 promoters 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/-each The issue price is 5.4 times of the face value