Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
O.P.Chains IPO is a fixed price issue of ₹2.04 crores. The issue is entirely a fresh issue of 0.19 crore shares of ₹2.04 crore.
O.P.Chains IPO bidding started from Mar 30, 2015 and ended on Apr 8, 2015. The shares got listed on BSE SME on Apr 22, 2015.
O.P.Chains IPO price is ₹11.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (10000 shares). The minimum lot size investment for HNI is 2 lots (20,000 shares), amounting to ₹2,20,000.
Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Securities Ltd..
Refer to O.P.Chains IPO RHP for detailed Information.
| IPO Date | March 30, 2015 to April 8, 2015 |
| Listing Date | April 22, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹11 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 18,50,000 shares (aggregating up to ₹2.04 Cr) |
| Reserved for Market Maker | 1,00,000 shares Hem Securities Ltd. (aggregating up to ₹0.1100 Cr) |
| Net Offered to Public | 17,50,000 shares (aggregating up to ₹1.93 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 50,00,000 shares |
| Share Holding Post Issue | 68,50,000 shares |
O P Chains IPO offers total 18,50,000 shares. Out of which 8,70,000 (47.03%) allocated to NII, 8,80,000 (47.57%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,00,000 (5.41%) |
| NII (HNI) Shares Offered | 8,70,000 (47.03%) |
| Retail Shares Offered | 8,80,000 (47.57%) |
| Total Shares Offered | 18,50,000 (100.00%) |
O.P.Chains IPO opens on March 30, 2015, and closes on April 8, 2015.
| IPO Open Date | Mon, Mar 30, 2015 |
| IPO Close Date | Wed, Apr 8, 2015 |
| Tentative Listing Date | Wed, Apr 22, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Apr 8, 2015 |
Investors can bid for a minimum of 10,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,10,000 |
| Retail (Max) | 1 | 10,000 | ₹1,10,000 |
| HNI (Min) | 2 | 20,000 | ₹2,20,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| KPI | Values |
|---|---|
| RoNW | 0.41% |
The Company O.P.Chains IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working Capital Requirements | 1.65 |
| 2 | General Corporate Purpose | 0.14 |
| 3 | Issue Expenses | 0.25 |
[Dilip Davda] <p><strong>With drastic fall in the prices of Gold and Silver in past two years, the business is affected. Hence there is no harm giving this issue a miss.</strong></p> <p>This is the 13th IPO from this Merchant Banker and he has mixed performance for IPOs post listings.</p> <p><em>DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.</em></p> Read detail review...
| Listing Date | April 22, 2015 |
| BSE Script Code | 539116 |
| NSE Symbol | |
| ISIN | INE118Q01018 |
| Final Issue Price | ₹11 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹11.00 |
| Open | ₹11.25 |
| Low | ₹11.25 |
| High | ₹11.81 |
| Last Trade | ₹11.81 |
O.P.Chains Ltd.
8/16 A, Seth Gali,
Agra – 282003, Uttar Pradesh
Agra, Uttar Pradesh
Phone: +91- 0562-3059117
Email: cs@opchainsltd.com
Website: http://www.opchainsltd.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
O.P.Chains IPO is a SME IPO of 18,50,000 equity shares of the face value of ₹10 aggregating up to ₹2.04 Crores. The issue is priced at ₹11 per share. The minimum order quantity is 10000.
The IPO opens on March 30, 2015, and closes on April 8, 2015.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in O.P.Chains IPO using UPI as a payment gateway. Zerodha customers can apply in O.P.Chains IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in O.P.Chains IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The O.P.Chains IPO opens on March 30, 2015 and closes on April 8, 2015.
O.P.Chains IPO lot size is 10000, and the minimum amount required for application is ₹1,10,000.
You can apply in O.P.Chains IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for O.P.Chains IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the O.P.Chains IPO allotment status.
The O.P.Chains IPO listing date is on Wednesday, April 22, 2015.
Useful Articles
RHP