OK Play India Ltd (OPIL), established in 1988, is a diversified manufacturing company producing plastic molded toys, school furniture, playground equipment, infrastructure and automotive products, point-of-purchase products, and electric vehicles. With a manufacturing facility in Gurgaon, Haryana, OPIL exports to countries including Bangladesh, Pakistan, Singapore, and the UK. Over the years, OPIL has engaged in strategic partnerships, including manufacturing toys for Mattel Toys (India) Ltd., and has undergone various transformations such as expanding into the electric vehicle sector.
The company has experienced financial challenges, being declared sick by BIFR and appointing Canara Bank as the operating agency. However, it has continued to evolve its business structure, acquiring a majority stake in RMRS Electric Vehicles and transferring its electric vehicle business to a wholly-owned subsidiary, RIRA E-Vehicles Private Limited. In recent developments, OPIL divested its interest in OK Play Healthcare and acquired Isht Technologies, indicating a strategic shift in its business focus.
