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La Opala RG Ltd.

BSE: 526947 Sector: Industrials
NSE: LAOPALA ISIN Code: INE059D01020
BSE 00:00 | 18 Feb 197.80 0.30
(0.15%)
OPEN

197.00

HIGH

204.80

LOW

188.05

NSE 00:00 | 18 Feb 199.95 2.75
(1.39%)
OPEN

198.40

HIGH

203.00

LOW

187.60

OPEN 197.00
PREVIOUS CLOSE 197.50
VOLUME 27986
52-Week high 332.50
52-Week low 188.05
P/E 30.48
Mkt Cap.(Rs cr) 2,196
Buy Price 197.80
Buy Qty 200.00
Sell Price 200.00
Sell Qty 95.00
OPEN 197.00
CLOSE 197.50
VOLUME 27986
52-Week high 332.50
52-Week low 188.05
P/E 30.48
Mkt Cap.(Rs cr) 2,196
Buy Price 197.80
Buy Qty 200.00
Sell Price 200.00
Sell Qty 95.00

La Opala RG Ltd. (LAOPALA) - Company History

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 crystalware 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. The company has also been certified under ISO 9002 quality system by the international renowned quality registrar, KPMG Peat Marwick. This all factors will provide a special boost to the company. 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.