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Opal Luxury Time Products Ltd.
Issue Open Date 25-Mar-13  
Issue Closing Date 28-Mar-13  
Application Money 100  
Allotment Money  
Price Band () 130 - 135  
Minimum Bid Quantity. 1000  
Issue Size (Shares) 1000000  
Market Lot 1  
Objective

The Net Proceeds of the Issue are proposed to be utilised by our Company for the following Objects:1. Investments in Moulds, tools and equipment ,and Indigenisation of the designs for expansionof the existing manufacturing facility 2. Enhancement of our Company’s brand through advertising and other brand buildingactivities and3. General corporate purposes.

Business Description

We are a premium home décor products manufacturing and marketing company. Currently, wedesign and manufacture wall and table clocks and market them under two brands: our flagshippremium brand ‘Opal’ and budget brand ‘Caliber’. Currently, we offer a large & diverse range ofclocks at various price points across budget, mid-level and premium styles. As on December 2012, weare offering 109...

Promoter's Holding
Total Share Capital   848930  
Offered to Public   1000000  
Promoter's Holding (Pre-Issue)   35.99  
Promoter's Holding (Post-Issue)   25.27  
Address
Address :Unit No. 5
Dangat Patil Nagar
S.no.82/3 Shivane
Off Nda Road
Shivane
City :Pune, State :Maharashtra Pincode :411023 Phone :020 2563 1919 Email : contact@opalclocks.com/investor.grievance@opalclocks.com Website : www.opalclocks.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
NSE
Lead Manager
IDBI Capital Market Services Ltd
Promoters
Pratibha Gujar
Sameer Gujar
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