OP Chains was originally incorporated with an object to take over the business of O. P Chains & Others AOP on December 4, 2001 under the provisions of the Companies Act, 1956 and a certificate of incorporation issued by the Registrar of Companies, Uttar Pradesh, Kanpur. Subsequently, the company has received a Certificate of Commencement of Business dated December 7, 2002 issued by the Registrar of Companies, Uttar Pradesh, Kanpur.

The company vide a business takeover agreement dated December 4, 2001 with O. P. Chains & Others, AOP had taken over the existing business of M/s O. P. Chains & Others, AOP (which was formed vide agreement dated February 25, 2001 and re-constituted vide agreement dated August 20, 2001) along with all assets and liabilities and further to carry on the business of O. P. Chains & Others, AOP under the name of O. P. Chains. Under the auspices of the company’s promoters, the company has expanded into the trading of Gold and Silver and allied products as bullion trader.

Currently, the company is one of the reputed names in trading of bullion (Gold & Silver) in Agra, Uttar Pradesh having a client base in Agra and Delhi. The company is bullion trader, specializing in bars and coins of various sizes and weights of Gold and Silver and offer wholesale delivery of bullion to domestic users i.e. ornament manufacturers, goldsmiths, jewelers and semi-wholesalers. The company is member of “The Gem & Jewellery Export Promotion Council”.

Business area of the company

The company operates as an intermediary in bullion trading market of Agra, Uttar Pradesh whereby it purchase materials such as Gold & Silver from State Trading Corporation of India, Hindustan Zinc, ICICI Bank, Punjab National Bank and supply the same to its customers in the Jewelry industry and related business. The company’s end customers are mainly ornament manufacturers, goldsmiths, jewelers and semi-wholesalers. The company’s product portfolio offers a mainly Gold and Silver according to customer specifications and in standard sizes and weights.

Key Events and Milestones

• 2001: Incorporated in the name and style of O. P. Chains.
• 2001: Took over the business of O.P Chains & Others AOP to take over the existing business of the AOP along with all its assets and liabilities, vide agreement dated December 04, 2001.
• 2002: Received the Certificate of Commencement of business.
• 2003: Paid-up capital raised upto Rs 500 lakh.
• 2011: Entered into partnership with Om Prakash Agarwal, Satish Kumar Goyal & Mohit Goyal, in the name and style of M/s. Ashok Housing to pursue objects of real-estate activities.
• 2011: Entered into partnership with Shobhik Goyal, Mohit Goyal & Shivam Goyal in the name and style of O. P. Chains Housing.