| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 1,000 | ₹1,30,000 |
| HNI / NII | 2 | 2,000 | ₹2,60,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,75,000 (38.65%) | — | — |
| NII / HNI (Total) | — | 1,43,000 (11.64%) | — | — |
| Retail Investors | — | 3,32,000 (27.01%) | — | — |
| Market Maker * | 1× | 2,79,000 (22.70%) | 2,79,000 (22.70%) | ₹376.65 Cr |
| Total ** | — | 12,29,000 (100.00%) | — | — |
Incorporated in 2007, 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'.
They offer 109 styles of clocks under their brand ‘OPAL’ those ranges from Rs 1450 to Rs 27500. Also they have 31 styles of clocks under ‘Caliber’ brand with average MRP of Rs 370. Company is headquartered in Pune and currently has a manufacturing facility in the industrial area of Roorkee, Uttarakhand.
Company's brand 'Opal' has 91 organized retailers which includes popular brands such as Shoppers Stop, Home Town, etc. Also they have tie ups with 10 online portals and also have their own shopping portal www.opalclocks.com. They have recently started exporting both their brands, ‘Opal’ and ‘Caliber’ to the United States.