IPO Synopsis

Opal Luxury Time Products Ltd
Registered Office: Shree Ganesh Shivaji Hsg Socie,Plot No 31 Senapati Bapat Road,Pune-411016, Maharashtra
Tel. No: 91-20-25631919
Fax No: 91-20-25631919
Email: contact@opalclocks.com
Website: www.opalclocks.com
Public issue of 1,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 130 per equity share (including a share premium of Rs. 120 per equity share) aggregating upto Rs. 13.00 crores (The "Issue") by the company, of which equity shares of Rs. 10 each aggregating to Rs. 0.65 crores will be reserved for subscription by Market Makers to the issue ("Market Maker Reservation Portion). The issue less the Market Maker reservation portion i.e. issue of 50,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The Issue and the Net Issue will constitute 29.77% and 28.28% respectively of the post issue paid up equity share capital of the company. Issue price is Rs. 130 per equity share of face value of Rs. 10 each. The issue price is 13.0 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
25-Mar-2013 28-Mar-2013 ₹130.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of :1000
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 IDBI Capital Market Services Ltd
Project Financed through Current Offer 13.00
Post Issue Equity Share Capital 0.00
Issue Price 130.00
Projects
Investments in Mould, tools and equipment
Enhancement of the company's brand through Advert.
General corporate purposes
Promoted By
Sameer Gujar
Pratibha Gujar
Listing At
NSE - SME
Registrar To The Issue