The 5-year analysis of OK Play India Ltd's performance infers:
We analysed the performance of OK Play India Ltd share prices over the last 10 years. Here is what we found out:
OK Play India was initially incorporated under the name of Aquapure Containers Ltd in 1988 to manufacture Water Storage Tanks.
Since its inception, OK Play India has passionately pursued leadership in plastic moulding technology. Today, with a range of world class products, the company is the largest manufacturer of plastic moulded toys, children furniture and playground equipment in the country. Recognized time and again as the undisputed leader in this competitive market.
With complete in-house capabilities to develop products, right from designing to mould making and moulding, the company offers cost effective and fast solutions for diverse applications. This coupled with its team of competent, dedicated and qualified professionals, who guarantee time bound deliveries, make OK PLAY a reliable one stop shop for its customers. They have today diversified into varied product categories.
In 1992 the company acquired a British toy manufacturing company by the name of OK Play. It subsequently diversified into the manufacturing of toys and changed its name to OK Play India Limited in 1993.
The company came out with a public issue in February 1994 amounting to Rs.425 Lacs, which was fully subscribed.
In July 2007 the company issued Foreign Currency Convertible Bonds for $ 10 million.The company got into a technical collaboration with Solar Plastic Inc., (a USA based company) market leaders in roto-moulded plastic products in the same year.
In May 2008 the company tied up with Belgium based toy company, Toykimo, and introduced a range of construction toys.
To meet the growing needs of the retail sector the company entered into marketing, technical and manufacturing agreement with Purform-one of the largest selling mannequin brand in the world from New Zealand.
Product range of the company includes: