Opal Luxury Time Products Ltd IPO (Opal Luxury Time Products IPO) Detail

Mar 25, 2013 - Mar 28, 2013

Incorporated in 2007, Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products. Currently Opal design and manufacture wall and table clocks and market them under two brands, the premium brand 'Opal' and budget brand 'Caliber'.

They offer 109 styles of clocks under their brand ‘OPAL’ those ranges from Rs 1450 to Rs 27500. Also they have 31 styles of clocks under ‘Caliber’ brand with average MRP of Rs 370. Company is headquartered in Pune and currently has a manufacturing facility in the industrial area of Roorkee, Uttarakhand.

Company's brand 'Opal' has 91 organized retailers which includes popular brands such as Shoppers Stop, Home Town, etc. Also they have tie ups with 10 online portals and also have their own shopping portal www.opalclocks.com. They have recently started exporting both their brands, ‘Opal’ and ‘Caliber’ to the United States.

Company Promoters:

The promoters of the company are:

1. Mr. Sameer Gujar
2. Mrs. Pratibha Gujar

Objects of the Issue:

The object of the issue are to:

1. Investments in Moulds, tools and equipment and Indigenisation of the designs for expansion of the existing manufacturing facility;
2. Enhancement of the Company’s brand through advertising and other brand building activities; and
3. General corporate purposes.

Opal Luxury Time Products IPO Details

IPO Opening DateMar 25, 2013
IPO Closing DateMar 28, 2013
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹130 to ₹135 per equity share
Market Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtNSE SME
Issue Size1,000,000 Eq Shares of ₹10
(aggregating up to ₹13.00 Cr)

Opal Luxury Time Products IPO Lot Size

The Opal Luxury Time Products IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹135,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum11000₹135,000
Maximum11000₹135,000

Opal Luxury Time Products Ltd IPO Grading

CRISIL Research has assigned a CRISIL SME fundamental grade of 'SME 4/5' to Opal Luxury Time Products Ltd. The SME fundamental grade indicates that the fundamentals of the company are 'superior' compared to other SMEs in India. CRISIL SME fundamental grade is CRISIL's current opinion on the fundamentals of the graded SME. This opinion is a relative assessment in relation to other SMEs in India. A CRISIL SME fundamental grade 'SME 5/5' indicates excellent fundamentals and a CRISIL SME fundamental grade 'SME 1/5' indicates poor fundamentals. Read full report...

Opal Luxury Time Products IPO Prospectus

Opal Luxury Time Products IPO Rating

24
1.9
Rating:Rated 1.9 stars

Vote Here ...

Opal Luxury Time Products IPO Listing Date

Listing DateFriday, April 12, 2013
BSE Script Code
NSE SymbolOPAL
Listing In
ISININE520N01012
IPO Price₹130 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹130.00
Open:₹130.00
Low:₹112.00
High:₹135.00
Last Trade:₹128.00
Volume:10,000

Opal Luxury Time Products IPO Reviews / Ratings

Company Contact Information

Opal Luxury Time Products Ltd
Shree Ganesh, Plot No. 31
Shivaji Housing Society, Behind ICC Tower,
Senapati Bapat Road, Pune – 411 016

Phone: +91 – 20 - 2563 1919
Email: contact@opalclocks.com
Website: http://www.opalclocks.com

Opal Luxury Time Products IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: opal.ipo@karvy.com
Website: https://karisma.kfintech.com/

Opal Luxury Time Products IPO Lead Manager(s)

Opal Luxury Time Products IPO FAQs

  1. What is Opal Luxury Time Products IPO?

    Opal Luxury Time Products IPO is a SME IPO of 1,000,000 equity shares of the face value of ₹10 aggregating up to ₹13.00 Crores. The issue is priced at ₹130 to ₹135 per equity share. The minimum order quantity is 1000 Shares.

    The IPO opens on Mar 25, 2013, and closes on Mar 28, 2013.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. When Opal Luxury Time Products IPO will open?

    The Opal Luxury Time Products IPO opens on Mar 25, 2013 and closes on Mar 28, 2013.

  3. What is the lot size of Opal Luxury Time Products IPO?

    Opal Luxury Time Products IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

  4. How to apply for Opal Luxury Time Products IPO?

    You can apply in Opal Luxury Time Products 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.

  5. When Opal Luxury Time Products IPO allotment?

    The finalization of Basis of Allotment for Opal Luxury Time Products IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Opal Luxury Time Products IPO allotment status.

  6. When is Opal Luxury Time Products IPO listing date?

    The Opal Luxury Time Products IPO listing date is on Friday, April 12, 2013.

Opal Luxury Time Products IPO Message Board

Ranked Members  Ranked Members

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7. PRAKASHCHAND NEMA |Apr 19, 2013 19:08
Dear satyaaa,
pl stick with ur investment.they all are very good scrips.Remember only invest your surplus money in stock market.
6. Dilip Davda |Apr 12, 2013 10:15
Got listed on NSE Emerge on 12.04.13 with subdued quotes

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

5. Dilip Davda |Mar 29, 2013 10:35
Isssue just got 1 time subscription with a managed funds from corporate bodies and QIBs Retail subscription was just 43% of the earmarked quuota.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

4. Athar |Mar 27, 2013 17:58
Dear all wishing you all a very happy holy celebrations
3. Contact IPO |Mar 25, 2013 16:33
This company has great market yet to be captured. Bottom line looks attractive rest all is analysis is just noise.
I have subscribed already not big but its a start.
Looks like this company is "The Making of another TITAN"
Recommendation also by Rakesh bhai.
2. K V Subba Rao |Mar 23, 2013 16:32
Liquidate them all NOT at one time but gradually after Sensex crosses 6000 level which may not be very far away. Also keep watching News or Developments relating to specific Companies
1. satyaaa |Mar 20, 2013 16:38
Guys,

I burnt my not ony fingers but full hand due to crash in market in following scrips.
Sterlite, Cairn, Hindalco, Jindal Steel, Nalco OFS, SAIL(exposure 5.00 Lacs)

Please guide me whether I should book loss or continue
1.1. gundu anna |Mar 20, 2013 19:48
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Chance of getting good returns from your investments in those companies is low.... booking loss is recommended...







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