Jul 4, 2017

Yug Decor - A BSE SME Stock from Adhesives and Paint

Yug Decor is a manufacturer of Adhesives and Paints. It is a first stock from BSE SME which I have bought. SME stocks are risky to own stock. So, be extra careful if you plan to buy it.

Yug Decor Limited is young and dynamic organization manufacturing different kind of adhesives – 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. The company is managed by Chandresh S. Saraswat who is having a vast experience of 27 years in production and marketing of adhesives and plywood industry goods.
Mcap is 11.68 Cr.

Lot size 4000 shares.

Listed in 2017.

This is a Public Issue of 11,08,000 Equity Shares of Rs 10 each at a price of RS 26 per Equity Share aggregating Rs 288.08 Lacs.

It is a profitable company from many years.

Overall, I cannot say that this is a very good company. It is profitable from many years. For SME, this is also a very strong point.

A Ahmedabad, Gujarat based company.

81.95% is held by Promoters group.
Rest 18.05% is held by public.


CMP: RS 28.