| Issue Open | Mar 25, 2013 |
| Issue Close | Mar 28, 2013 |
| IPO Price | ₹130 |
| Face Value | ₹10 |
| IPO Size | ₹13.00 Cr |
| Listing At | NSE SME |
| IPO Lot Size | 1000 |
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Opal Luxury Time Products Limited is an India-based company engaged in the business of manufacturing, assembling and marketing of clocks, watches, their accessories and allied products.
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Opal Luxury Time Products Ltd is entering in the capital markets with an initial public offering (IPO), aggregating upto Rs 13 crore through a book building process. The price band for the issue has been fixed at Rs 130/- at lower level and Rs 135/- at upper level.
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'.
The issue opens on Mar 25, 2013 and closes for subscription on Mar 28, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of the NSE.
The Opal Luxury Time Products IPO is proposed to open on Mar 25, 2013. The IPO application ends on Mar 28, 2013.
Retail investors can apply in the retail or non-institutional investor category from Mar 25, 2013 to Mar 28, 2013. The Opal Luxury Time Products IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Opal Luxury Time Products IPO will open for subscription on Mar 25, 2013. The public issue will close on Mar 28, 2013.
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