Tuesday, March 19, 2013

Opal Luxury Time Products IPO will open on Mar 25th

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.

Click here to know more about Opal Luxury Time Products IPO.