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MoneyWorks4Me

OP Chains to hit capital markets for raising Rs 2.04 crore

28 Mar 2015 Evaluate

OP Chains (OPCL)is all set to hit the capital markets, through BSE SME Platform, with an initial public offering IPO of 18,50,000 equity shares of Rs 10 each aggregating upto Rs 2.04 crore. The issue will open for subscription on March 30, 2015 at a fixed price band of Rs 11 per share, while the public issue will close for subscription on April 8, 2015.

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.

Peers
Company Name CMP
Redington 366.60
Adani Enterprises 2705.00
Amrapali Industries 35.44
Maxgrow India 179.40
Rashi Peripheral 846.30
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