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La Opala RG Ltd.

BSE: 526947 Sector: Industrials
NSE: LAOPALA ISIN Code: INE059D01020
BSE 00:00 | 14 Oct 307.35 1.00
(0.33%)
OPEN

305.30

HIGH

316.50

LOW

305.30

NSE 00:00 | 14 Oct 307.50 0.95
(0.31%)
OPEN

308.90

HIGH

316.50

LOW

306.00

OPEN 305.30
PREVIOUS CLOSE 306.35
VOLUME 12887
52-Week high 327.05
52-Week low 200.30
P/E 55.48
Mkt Cap.(Rs cr) 3,412
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 305.30
CLOSE 306.35
VOLUME 12887
52-Week high 327.05
52-Week low 200.30
P/E 55.48
Mkt Cap.(Rs cr) 3,412
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

La Opala RG Ltd. (LAOPALA) - Company History

La Opala RG Limited was incorporated in India in the year June 11th 1987. The Company is a leading manufacturer and marketer of life style product in the tableware segment. It has spread the wings beyond domestic arena and ventured into the leading market of the world. Promoted by Sushil Jhunjhunwala and Ajit Jhunjhunwala La Opala Glassis involved in the business of manufacturing opalware -- La Opala -- one of the well-established crockery brands in India. The Kolkata-based company has a wide network of dealers and retailers and a large marketing field force. It is the second-largest crockery manufacturer in the country.La Opala went public in Feb.'95 with an issue of 8.50 lac equity shares aggregating Rs 340 lac and the proceeds were used by financing project with Doosan Glass South Korea to gain the exclusive right to use the technical know-how information and data for the manufacture and sale of crystal ware in India and abroad. The company's products are exported to the East Asian and African countries.The company made a diversification in the field of glass tableware by producing 24% PbO(lead oxide) lead crystalware at Madhupur Bihar. In Mar.'96 the company commenced commercial production of Crystalware project with the installed capacity of 540 tpa.The merger of Radha Glass & Industries Ltd with the company was successfully concluded with effect from 1st January 1999 following which company was renamed as La Opala RG Limited. In 1999-2000 for the first time in Indian tableware industry the company's exclusive showroom was opened in Kolkata which has been highly acclaimed by its customers.In 2003-04 the Company launched Celebration range with new design which received good response from the market. The production capacity of 24% Lead Hand Crafted Crystal has been substantially increased.111000000 Equity Shares of Rs2 each fully paid-up were issued as Bonus Shares in the proportion of 1 Bonus Shares of Rs2/- each for every 1 full paid -up Equity Shares of Rs2/- each held on 23rd March 2018 being the Record Date determined by the Board for the purpose. The bonus shares were allotted on 24th March 2018.

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