Specs:
Wingspan: 27 inches
Motor: Turnigy 2826-10 1400kv motor
ESC: Turnigy Plush 40A
Battery: Turnigy Nanotech 950mah 25-50C
Servos: HXT 900
AUW (with battery): 700g

@Priyum.
I'm using vinyl sheet, which is available at signboard printers. It's like a huge sticker. I cut it into the desired shape and stick it on the plane.

@v2eagle sir
I'm using the following control horns:
http://hobbyking.com/hobbyking/store/__8419__Control_Horns_16x20mm_10pcs_.html

With the following screws:
http://hobbyking.com/hobbyking/store/uh_viewItem.asp?idProduct=6981

Maiden flight video:
The plane has enough lift, but because CG was much above the wing, the plane wanted to keep rolling to inverted position. We tried about 5 times, 3 of which were hand launch, but the plane refused to fly straight side up. It was too unstable in the roll axis.
Test pilot: Sanjay Rai Sir.

Decided to convert it into a high winger, to give it more stability.

Maiden flight after becoming High winger:

Flew a total of 3 flights. On the third flight, I tried taking a sharp turn at full throttle and the plane lost control. Dived straight into the ground. Not much damage, plane is fixable, motor shaft is not bent, however, I did strip the gears on one aileron servo.
As of now, I have decided to not fix this plane and have started building another plane, a 90% AviSpad.

Reverse avispad wing brilliant solution not seen so far done by any one applause

As I read through it flew upside down so design didnot work