Promoted by Sushil Jhunjhunwala and Ajit Jhunjhunwala, La Opala Glassis involved in the business of manufacturing opalware -- La Opala -- one of the well-established crockery brands in India. The Kolkata-based company has a wide network of dealers and retailers and a large marketing field force. It is the second-largest crockery manufacturer in the country.
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 crystalware 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. The company has also been certified under ISO 9002 quality system by the international renowned quality registrar, KPMG Peat Marwick. This all factors will provide a special boost to the company.
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.