La Opala RG Ltd Overview
Fundamentals of La Opala RG Ltd
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Financials of La Opala RG Ltd
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About La Opala RG Ltd
La Opala RG Limited was incorporated in June 11th, 1987. The Company is a leading manufacturer and marketer of life style product in the tableware segment. Promoted by Sushil Jhunjhunwala and Ajit Jhu ... njhunwala. The Kolkata-based company has a wide network of dealers and retailers and a large marketing field force. The Company has two manufacturing units, one at Madhupur (Jharkhand) and the other at Sitarganj (Uttarakhand). La Opala went public in Feb.'95 with an issue of 8.50 lac equity shares, aggregating Rs 340 lac, and the proceeds were used by financing project with Doosan Glass, South Korea, to gain the exclusive right to use the technical know-how, information, and data for the manufacture and sale of crystal ware in India and abroad. The company's products are exported to the East Asian and African countries. The company made a diversification in the field of glass tableware by producing 24% PbO(lead oxide) lead crystalware at Madhupur, Bihar. In Mar.'96 the company commenced commercial production of Crystalware project with the installed capacity of 540 tpa. The merger of Radha Glass & Industries Ltd, with the company was successfully concluded with effect from 1st January 1999 following which company was renamed as La Opala RG Limited. In 1999-2000, for the first time in Indian tableware industry, the company's exclusive showroom was opened in Kolkata, which has been highly acclaimed by its customers. In 2003-04, the Company launched Celebration range with new design, which received good response from the market. The production capacity of 24% Lead Hand Crafted Crystal has been substantially increased. In 2012, Company completed a major expansion at Sitargunj, Uttarakhand. In 2018, capacity of the second furnace was increased. It launched the Cosmo Collection, catering to HORECA Segment (Hotels, Restaurants & Caterers). Read More
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