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UpcomingSMEConsumer Durables - Clocks · Luxury Timepieces Manufacturing
Opal Luxury Time Products Limited
OPAL
★★★★☆4/5
🔗 Official WebsitePrice Band: —
Issue Size: 130
About the Company
What does this company do?
Opal Luxury Time Products Limited manufactures and sells luxury time products including wall clocks and table clocks under the brands 'Opal' and 'Caliber'. The company imports clock movements from Taiwan and other components domestically, assembles them at its manufacturing unit in Roorkee, Uttarakhand, and sells throu…
IPO Details
Issue parameters, key dates and structure.
Total Issue Size
130
1000000
Fresh Issue
130
1000000
Proceeds go to company
Reservation Structure
QIB (Qualified Institutional Buyers)
50
475000
NII / HNI (Non-Institutional Investors)
15
143000
RII (Retail Individual Investors)
35
332000
Products & Brands
Key offerings and brand portfolio of the company.
Opal Wall Clocks: Luxury wall clock collections under Opal brand
Financial Performance
P&L, Balance Sheet and Cash Flow — all figures in ₹ Crores.
| Particulars (₹ Cr) | FY2008 |
|---|
All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.
Key Financial Ratios
Valuation and profitability metrics at the IPO price.
EPS — Basic (₹)
—
FY2008
EPS — Diluted (₹)
—
FY2008
P/E Ratio
—
At upper band
RoNW (%)
—
FY2008
NAV per Share (₹)
—
Pre-issue
SWOT Analysis
Internal strengths & weaknesses; external opportunities & threats.
💪Strengths
Established brands with strong market presence
Vertical integration with own manufacturing facility
Strong cash flow generation trend
CRISIL Grade 4 rating for superior fundamentals
⚠️Weaknesses
Dependent on imported components
No long-term supplier agreements
Limited insurance coverage for product liability
First IPO with untested public market appeal
🚀Opportunities
Capacity expansion at Roorkee facility
Import substitution to reduce component costs
Growing domestic luxury goods consumption
International market expansion
🔥Threats
Intense competition from organized and unorganized sectors
Supply chain disruptions for imported components
Currency fluctuation risks
Restrictive loan covenants limiting flexibility
Competitive Strengths
Key advantages highlighted in the DRHP.
✓
Strong brand recognition with established 'Opal' and 'Caliber' brands in luxury clock segment
✓
Vertical integration with in-house manufacturing capabilities at Roorkee facility
✓
Diversified distribution network covering domestic retail and international markets
✓
CRISIL SME Fundamental Grade 4 rating indicating superior fundamentals
✓
Experienced management team with domain expertise in luxury timepiece manufacturing
Promoters & Shareholding
Pre & post-IPO shareholding pattern. Click a promoter card to learn more.
Promoters
Shareholding Pattern
PrePost
Key Risks
Material risk factors to consider before applying.
⚠
Heavy dependence on imported clock movements from Taiwan with limited long-term supplier agreements
⚠
Vulnerability to supply chain disruptions and component cost inflation
⚠
First IPO with no established public market for shares
⚠
High competition from organized and unorganized domestic manufacturers
⚠
Product liability exposure without comprehensive insurance coverage
⚠
Restrictive loan covenants from lenders limiting operational flexibility
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Should You Apply?
Opal Luxury Time Products Limited is a luxury timepiece manufacturer with established 'Opal' and 'Caliber' brands in the Indian and international markets. The company has demonstrated strong revenue CAGR of 25.61% from FY2008-2012 and improving cash flows, backed by CRISIL SME Fundamental Grade 4 rating. The IPO at ₹130-135 per share represents a fresh capitalization opportunity for capacity expansion and import substitution at the Roorkee facility. While the company faces supply chain concentration risks and intense competitive pressures, its brand equity, vertical integration, and growth trajectory present attractive listing gain potential for SME investors despite first-issue premium risks.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
Lead Managers & Registrar
Institutions managing the issue and handling allotment.
Book Running Lead Managers (1)
IDBI Capital
Registrar to the Issue
📋
Karvy Computershare Private Limited
Registrar to the Issue
Company Details
Registered information and contact details.
Company Name
Opal Luxury Time Products Limited
CIN
U33309PN2007PLC129597
Registered Office
Shree Ganesh, Plot No. 31, Shivaji Housing Society, Behind ICC Tower, Senapati Bapat Road, Pune – 411 016, Maharashtra, India
Contact Person
Mr. Nikhil Deshpande
Phone
+91-20-25631919
Website
www.opalclocks.com