O.P.Chains Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 870,000 (47%) | — | ₹96 Cr |
| Retail | — | 880,000 (48%) | — | ₹97 Cr |
| Market Maker | — | 100,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 1,850,000 (100%) | — | ₹2,035 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹110,000 |
| Retail (Max) | 13 | 130,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 670,000 | ₹7,370,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working Capital Requirements – 1.65
- 2 General Corporate Purpose – 0.14
- 3 Issue Expenses – 0.25
Company Overview
Incorporated in 2001, O P Chains Ltd. (OPCL) is a north centric Bullion dealer of Gold and Silver and other precious metals specializing in bars and coins of various precious metals like Gold and Silver. It offers wholesale delivery of bullion to domestic users i.e. ornament manufacturers, goldsmiths, jewellers and semi-wholesalers.
OPCL operates as an important intermediary in bullion trading industry whereby it purchase materials such as Gold, Silver and other precious metals etc. from State Trading Corporation of India, Hindustan Zinc Limited, ICICI Bank Limited, Punjab National Bank Limited and SB Ornaments Pvt. Ltd., and supply to customers in the Jewelry industry to various jewelers and related business.