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O P Chains IPO is a fixed price issue of Rs 2.04 crores.
O P Chains IPO bidding started from March 30, 2015 and ended on April 8, 2015. The shares got listed on BSE SME on April 22, 2015.
O P Chains IPO price is ₹11 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹110,000.
Hem Securities Limited is the book running lead manager of the O P Chains IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to O P Chains IPO RHP for detailed information.
| IPO Date | March 30, 2015 to April 8, 2015 |
| Listing Date | April 22, 2015 |
| Face Value | ₹10 per share |
| Price | ₹11 per share |
| Lot Size | 10000 Shares |
| Total Issue Size | 1,850,000 shares (aggregating up to ₹2.04 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹110,000 |
| Retail (Max) | 1 | 10000 | ₹110,000 |
| Lot Size Calculator | |||
Incorporated in 2001, O P Chains Ltd. (OPCL) is a north centric Bullion dealer of Gold and Silver and other precious metals specializing in bars and coins of various precious metals like Gold and Silver. It offers wholesale delivery of bullion to domestic users i.e. ornament manufacturers, goldsmiths, jewellers and semi-wholesalers.
OPCL operates as an important intermediary in bullion trading industry whereby it purchase materials such as Gold, Silver and other precious metals etc. from State Trading Corporation of India, Hindustan Zinc Limited, ICICI Bank Limited, Punjab National Bank Limited and SB Ornaments Pvt. Ltd., and supply to customers in the Jewelry industry to various jewelers and related business.
The object of the issue are to:
1. To Meet working capital requirements;
2. General Corporate Purpose;
3. To Meet the Issue Expenses.
[Dilip Davda]
With drastic fall in the prices of Gold and Silver in past two years, the business is affected. Hence there is no harm giving this issue a miss.
This is the 13th IPO from this Merchant Banker and he has mixed performance for IPOs post listings.
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.
Read detail review...
| Listing Date | April 22, 2015 |
| BSE Script Code | 539116 |
| NSE Symbol | |
| ISIN | INE118Q01018 |
| Final Issue Price | ₹11 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹11.00 |
| ₹11.25 |
| ₹11.25 |
| ₹11.81 |
| ₹11.81 |
O P Chains Ltd
8/16 A, Seth Gali,
Agra � 282003, Uttar Pradesh
Phone: +91- 0562-3059117
Email: cs@opchainsltd.com
Website: http://www.opchainsltd.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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O P Chains IPO is a SME IPO of 1,850,000 equity shares of the face value of ₹10 aggregating up to ₹2.04 Crores. The issue is priced at ₹11 per share. The minimum order quantity is 10000 Shares.
The IPO opens on March 30, 2015, and closes on April 8, 2015.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The O P Chains IPO opens on March 30, 2015 and closes on April 8, 2015.
O P Chains IPO lot size is 10000 Shares, and the minimum amount required is ₹110,000.
You can apply in O P Chains IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for O P Chains IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the O P Chains IPO allotment status.
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