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O P Chains Ltd IPO (O P Chains IPO) Detail

Mar 30, 2015 - Apr 8, 2015

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.

Objects of the Issue

The object of the issue are to:

1. To Meet working capital requirements;
2. General Corporate Purpose;
3. To Meet the Issue Expenses.

O P Chains IPO Details

O P Chains IPO Date Mar 30, 2015 to Apr 8, 2015
O P Chains IPO Face Value ₹10 per share
O P Chains IPO Price ₹11 per share
O P Chains IPO Lot Size 10000 Shares
Issue Size1,850,000 shares of ₹10
(aggregating up to ₹2.04 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

1. Mr. Ashok Kumar Goyal
2. Mr. Om Prakash Agarwal
3. Mr. Satish Kumar Goyal

O P Chains IPO Lot Size

The O P Chains IPO lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹110,000).

Application Lots Shares Amount
Retail (Min) 1 10000 ₹110,000
Retail (Max) 1 10000 ₹110,000

O P Chains IPO Review

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.

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O P Chains IPO Prospectus

O P Chains IPO Rating

15
3.6
Rating:Rated 3.6 stars
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O P Chains IPO Listing Date

Listing Date Wednesday, April 22, 2015
BSE Script Code 539116
NSE Symbol
Listing In MT Group of Securities
ISIN INE118Q01018
IPO Price ₹11 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹11.00
₹11.25
₹11.25
₹11.81
₹11.81

Company Contact Information

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

O P Chains IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

O P Chains IPO Review

O P Chains IPO Recommendation Summary

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Members 0 0 0

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O P Chains IPO FAQs

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 Mar 30, 2015, and closes on Apr 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 Mar 30, 2015 and closes on Apr 8, 2015.

O P Chains IPO lot size is 10000 Shares and the minimum order quantity is .

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, Edelweiss, 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.

The O P Chains IPO listing date is on Wednesday, April 22, 2015.
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O P Chains IPO Message Board

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11 Comments

7. DURAISWAMY |   Link |Apr 23, 2015 10:43:58 PM
BUY NOW AND SELL AFTERWARDS
6. SONMAYA |   Link |Apr 21, 2015 4:51:19 PM
IPO Mentor IPO Mentor (500+ Posts)
O.P.CHAIN TO LIST TOMORROW ON BSE SME.......
6.1. DURAISWAMY |   Link |Apr 23, 2015 10:45:23 PM
THAK YOU
5. JAS DS |   Link |Apr 20, 2015 12:54:43 PM
Any one has idea about the HNI category allotment criteria ?
4. DURAISWAMY |   Link |Apr 19, 2015 6:54:27 PM
SHARES WERE CREDITED TO DEMAT ON FRIDAY ITSELF
3. CHD |   Link |Apr 17, 2015 8:04:43 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
When is allotment coming ?
And when expected to be listed .....?
3.1. DURAISWAMY |   Link |Apr 19, 2015 7:20:27 AM
OPCL ALLOTMENT IS OVER .EXPECTED TO BE LISTED ON AKSHAYA THRTHIYA DAY I.E 21.04.2015, SINCE IT IS GOLD BAR BUSINESS.
2. peegee |   Link |Apr 4, 2015 4:40:30 PM
Why market lot is 10000 Shares
why Minimum Investment of Rs. 110000/- ?
2.1. pinkyjain |   Link |Apr 4, 2015 6:16:30 PM
Sme ipo
2.2. DURAISWAMY |   Link |Apr 4, 2015 7:03:19 PM
TO PREVENT RETAIL INVESTORS NOT TO APPLY MORE THAN ONE LOT.
1. DURAISWAMY |   Link |Mar 28, 2015 5:59:52 AM
BUY NOW SELL LATER