Business Standard

O.P Chains Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

2.04 cr

Price Range (₹)

11

Lot Size

10000

Min Investment (₹)

1,10,000.00

Listing Exchange

BSE - SME

Open Date

30-Mar-2015

Close Date

08-Apr-2015

Listing Date

22-Apr-2015

O.P Chains Ltd News

    The Shares of O.P Chains Ltd have now been listed.

    O.P Chains Ltd IPO Details

    Public Issue of 18,50,000 Equity shares of face value of Rs. 10.00 Each (Equity Shares) of O. P. Chains Ltd (O. P. Chains or the Company Or The Issuer)for cash at a price of Rs. 11.00 per equity share (including a share premium of Rs. 1 per Equity share) (Issue Price) Aggregating to Rs. 2.04 crores of which 100000 Equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 11.00 per equity share aggregating to Rs. 0.11 crores will be reserved for subcription by market maker (Market maker reservation portion) The issue less the market maker reservation portion i.e. issue of 17,50,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 11.00 per equity share aggregating to Rs. 1.93 crores (Hereinafter Referred to As net issue). The issue and the net issue will constitute 27.00% and 25.54%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 11.00. The issue price is 1.1 times of the face value.

    Objective of issue

    Working Capital Requirements. General Corporate Purpose.

    O.P Chains Ltd Contact Details

    O.P Chains Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - cs@opchainsltd.com

    Website - www.opchainsltd.com