Opal Luxury Time Products Ltd IPO


IPO Subscription Details

  • Open Date 25 Mar
  • Close Date 28 Mar
  • Lot Size 1000
  • IPO Size ₹ 13 Cr
  • IPO Price Range ₹ 130
  • Min Investment ₹ 130000

IPO Synopsis

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.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Opal Luxury Time Products Ltd IPO

Contact Information


Shree Ganesh Shivaji Hsg Socie,
Plot No 31 Senapati Bapat Road,
Pune, Maharashtra 411016

Opal Luxury Time Products Ltd IPO Lead Manager

IDBI Capital Market Services Ltd