Opal Luxury Time Products Limited

Manufacturer and retailer of premium wall clocks, watches, and accessories through various channels.

2007 | Pune, Maharashtra (India) | Active
Last Updated:

Opal Luxury Time Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.36 Cr
  • Company Age 18 Year, 22 Days
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 14.00 Cr
  • Satisfied Charges ₹ 5.56 Cr
  • Revenue Growth -75.50%
  • Profit Growth -132.25%
  • Ebitda -1481.01%
  • Net Worth -82.23%
  • Total Assets -37.85%

About Opal Luxury Time Products

Opal Luxury Time Products Limited (OLTPL) is a Public Limited Indian Non-Government Company incorporated in India on 10 February 2007 and has a history of 18 years. Its registered office is in Pune, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500504 and on the National Stock Exchange(NSE) under OPAL.

The Corporate was formerly known as Opal Luxury Time Products Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.36 Cr.

The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹5.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Opal Luxury Time Products Limited India is Pravin Salunkhe as CFO. Pradeep Khandagale, Rajashri Khandagale, and Narendra Bhagatkar serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    opalclocks.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L33309PN2007PLC129597

  • Company No.

    129597

  • Stock Symbol

    BSE : 500504 NSE : OPAL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2007

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Consumer Goods

Who are the key members and board of directors at Opal Luxury Time Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Pravin Salunkhe Country flag representing In CFO24-Apr-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Narendra Bhagatkar Country flag representing In Additional Director 08-May-2024Current
Pradeep Khandagale Country flag representing In Director 04-Sep-2023Current
Rajashri Khandagale Country flag representing In Additional Director 08-May-2024Current

Financial Performance of Opal Luxury Time Products.

Opal Luxury Time Products Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 75.5% decrease. The company also saw a substantial fall in profitability, with a 132.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 82.23%.

Opal Luxury Time Products revenue growth over time
Opal Luxury Time Products profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-75.50%
Revenue from Operations
-75.55%
Total Assets
-37.85%
Profit or Loss
-132.25%
Net Worth
-82.23%
EBITDA
-1481.01%

What is the Ownership and Shareholding Structure of Opal Luxury Time Products?

In 2019, Opal Luxury Time Products had a promoter holding of 25.27% and a public holding of 74.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.00 Cr

Satisfied Charges

₹5.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2009Others₹14.00 CrOpen
24 Sep 2011Intec Capital Limited₹6.59 MSatisfied
22 May 2010Central Bank Of Inida₹3.00 CrSatisfied
30 Jul 2008Sbi Factors & Commercials Pvt.Ltd₹1.90 CrSatisfied

How Many Employees Work at Opal Luxury Time Products?

Opal Luxury Time Products has a workforce of 39 employees as of Apr 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Opal Luxury Time Products Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Opal Luxury Time Products, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Opal Luxury Time Products's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Opal Luxury Time Products

Recent activity within the organization

  • Director Appointment

    Rajashri Pradeep Khandagale was appointed as a Additional Director was appointed as a Additional Director on 08 May 2024 & has been associated with this company since 9 months 26 days .

  • Director Appointment

    Narendra Dharma Bhagatkar was appointed as a Additional Director was appointed as a Additional Director on 08 May 2024 & has been associated with this company since 9 months 26 days .

  • Director Appointment

    Pradeep Kisan Khandagale was appointed as a Director was appointed as a Director on 04 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Annual General Meeting

    Opal Luxury Time Products Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Director Appointment

    Pravin Uttam Salunkhe was appointed as a Cfo was appointed as a Cfo on 24 Apr 2019 & has been associated with this company since 5 years 10 months .

  • Balance Sheet

    Opal Luxury Time Products Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.

Frequently asked questions

  • What is the Incorporation or founding date of Opal Luxury Time Products Limited?

    Opal Luxury Time Products Limited was incorporated on 10 Feb 2007.

  • What is authorized share capital and paid-up capital of Opal Luxury Time Products Limited?

    The authorized share capital of Opal Luxury Time Products Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.36 Cr.

  • Who are the current board members & directors of Opal Luxury Time Products Limited?

    Currently 4 directors are associated with Opal Luxury Time Products Limited.

    • Pradeep Kisan Khandagale
    • Rajashri Pradeep Khandagale
    • Narendra Dharma Bhagatkar
    • Pravin Uttam Salunkhe

  • What is the registered address of Opal Luxury Time Products Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Opal Luxury Time Products Limited is Unit No. 5 Dangat Patil Nagar S.No. 82/3 Shivane Off Nda Road, Shivane India, Pune, Maharashtra, 411023.

  • What is the corporate identification number (CIN) and company number of Opal Luxury Time Products Limited?

    The corporate identification number (CIN) of Opal Luxury Time Products Limited is L33309PN2007PLC129597 and the company number is 129597 as per Ministry of Corporate Affairs (MCA).

  • Is Opal Luxury Time Products Limited registered with any stock exchange in India?

    Yes, Opal Luxury Time Products Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): OPAL.

  • What is the official website of Opal Luxury Time Products Limited?

    The Official website of Opal Luxury Time Products Limited is https://www.opalclocks.com

  • What has been the recent revenue trend for Opal Luxury Time Products Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Opal Luxury Time Products Limited has fallen by -75.50%.

  • How many employees does Opal Luxury Time Products Limited currently have?

    As Per 2019 financial reports, 39 employees are currently employed by Opal Luxury Time Products Limited.

  • What change has been observed in the net worth of Opal Luxury Time Products Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Opal Luxury Time Products Limited has experienced an downturn of -82.23%.

  • What are the total open charges for Opal Luxury Time Products Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Opal Luxury Time Products Limited amount to ₹ 14.00 Cr.

  • When was the last Balance Sheet of Opal Luxury Time Products Limited filed with the ROC?

    The most recent Balance Sheet for Opal Luxury Time Products Limited was filed with the ROC on 31 Mar 2019.

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