OK Play India Limited has successfully completed its expansion program at its manufacturing facility located at Plot No.17-18, Roz Ka Meo, Industrial Estate, Sohna, Haryana. The expansion, which includes the addition of blow and injection molding machines, balancing equipment, and molds, is expected to increase the production capacity of toys, playground equipment, and children’s furniture by over 300%.
This significant capacity enhancement will strengthen the company’s ability to meet the growing market demand. The existing capacity is approximately 300 MT per annum, with a current utilization of about 80%. The proposed capacity addition is approximately 900 MT per annum. The expansion project, which began in July 2024, has now been completed with an investment of approximately Rs. 46.00 crores.
Seventy-five percent of the total cost has been financed by Indian Overseas Bank. The expansion aims to address the rising demand in the sector and improve operational efficiency.
OK Play India Limited Share price up 3.78% , Trading at 16.49 Rupees per share