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IPO Issues Open Now

Opal Luxury Time Products

Description Opal designs and manufactures wall & table clocks and market them under two brands - flagship premium brand Opal and budget brand Caliber. More »

Address Shree Ganesh Plot No. 31, Shivaji Hou. Senapati Bapat Rd, Pune, Maharashtra, India Pincode : 411016

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total

Issue Terms

Issue price / Floor Price (Rs) 130-135
Application per share (Rs) 130.00
Minimum investment amount (Rs) 130,000.00
Minimum bid (no of shares) 1000 shares and in multiples of 1000 thereafter
Maximum Shares for Retail 1000

Issue Date and Size

Issue opens 25-Mar-13
Issue closes 28-Mar-13
Listing on NSE SME
Issue size (Rs cr) 13.00
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
IDBI Capital Market Services Limited opal.ipo@idbicapital.com
Registrar Karvy Computershare Private Limited
E-mail opal.ipo@karvy.com

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months 6
Turnover 9.62
Net profit / (loss) 1.37
Borrowings 0.30


Objects of Issue

    • >Investments in moulds, tools & equipment , indigenisation of the designs for expansion of the existing manufacturing facility;
    • >Enhancement of company’s brand through advertising and other brand building activities; and
    • >General corporate purposes


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