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.
Decolight Ceramics Limited is entering the capital markets with an initial public offering, IPO of Equity Shares woth of Rs. 4344.60 lakh, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 45/- at lower level and Rs 54/- at upper level for equity share of Rs 10. The issue opens on May 24, 2007, and closes for subscription on May 29, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).