Incorporated in 1961, Olympic Cards Ltd is the Manufacturer and Supplier of Invitation cards for all occasions. They are one of the leading manufacturers of paper / board based products, with a presence mainly in southern India. Company is presently in the business of manufacturing and trading Wedding Cards, Greeting Cards, Envelopes, Letter Heads, Business Cards, Calendars, Notebooks, Account Books, etc. They are also trading in the business of printing inks.
Olympic Cards export their products including Wedding cards, Greeting cards, Visiting cards, Envelopes and Printing inks to foreign countries such as Malaysia, Singapore, Sri Lanka & Dubai. They have plans to expand their market presence both within and outside India. Olympic offer various facility to its customers like proof mailing, transporting the goods to their request, attending their queries Ė and providing solution, etc. Itís a single platform, where most of the customerís needs are satisfied for any kind of ceremonies and function. As for the customer satisfaction they also give them free service of reminder-sms to their guest from 2 days earlier to the function.
Company Promoters:The promoters of the company are:
Mr. H. Noor MohamedMrs. S. Jarina
Objects of the Issue:The objects of the Issue are to finance:
1. Setting up of a new manufacturing unit near Chennai;2. Capital Expenditure for establishing 4 own retail outlets of the Company;3. Meet Issue Expenses.
»» Issue Open: Mar 9, 2012 - Mar 13, 2012
Olympic Cards Ltd IPO Grading
CRISIL has assigned an IPO Grade 1 to Olympic Cards IPO. This means as per CRISIL, company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
Check IPO Ratings from other stock analysts.
Olympic Cards IPO Reviews:
Issue Subscription Detail / Current Bidding Status
Olympic Cards IPO Rating
Olympic Cards IPO Listing Date
Listing Day Trading Information
Company Contact Information
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Olympic Cards IPO Messages (Olympic Cards IPO Comments)
Finally speculators kept out, so very good decison by SEBI putting it is t-to-t category.
Currently trading at 29.00. Thanks SEBI for making the small issues IPO so dull by introducing new law. THe small issues will be nore more attractive now and people will not apply henceforth. So MT Educare will met the same fate.
RCL IPO COMMING SHORTLY IN APRIL 1 ST OR 2ND WEEK LISTED IN THILAND
tomorrow is the listing day
Have applied for full application of 2L lets see what happens at listing day
got share in deamt 200 share in minimum app.got msg from cdsl check your self
expectedtolist on 27 th march
Should this company be permitted for listing with 99.30 per cent subscription with QIB having no application. This is in context of SEBI verdicct for Swaja Air as failed issue evenwhen it got 90 per cent in QIB and 1.72 times overall subscription.
23.1. gundu anna Mar 18, 2012 5:05:51 PM IST | gundu anna's messages
In that case the company decided not list and its not SEBI.
REC TAX FREE BOND- Subscription Figure
olympic cards has made a public announcement that the ipo will close today as per schdule. They are confident that the ipo will get subscribed today. And those who have applied will get listing gain. Expected listing price is 35 rs as per grey market. Offer price is 32 rs. So go for this one in small quantity if not application of 2 lacks.
21.1. harishkumar Mar 13, 2012 10:17:51 AM IST | harishkumar's messages
NO FUNDAMENTALS-GREED IS THE ONLY REASON FOR LOSS IN IPO*/SHARE MARKET.
OLYMPIC CARD IPO :
Chance of getting stucked in Circuit. No Chance of Short Selling and obviously it is not a long term investment and for that...I dont think there is any reason left to apply....
Clear avoid :
farevalue only 9 rs / share
Should we subscribe the issue . whether it will be in trade to trade category on listing day as MCX was not included in trade to trade category on listing day (so shorting seen in MCX)
15.1. gundu anna Mar 11, 2012 10:02:26 AM IST | gundu anna's messages
It will be in trade-to-trade segment for 10 days.
olympic subscription not available in NSE site @@@@@ ye kaisa ho sakta hai
14.1. Priya Jain Mar 10, 2012 5:00:08 PM IST | Priya Jain's messages
0.02 times on day 1. Check it above.
MCX GROUP COMPANY ISFINANCIAL TECHNOLOGIES. THE PE RATION OF FINTECH FOR THE LAST 52 WEEK WAS 30 ON LOWEST RATE AND 57 ON HIGHEST RATE.
Enjoyed profit in mcx