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 – and providing solution, etc. It’s a single platform, where most of the customer’s 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.
The promoters of the company are:
Mr. H. Noor Mohamed
Mrs. S. Jarina
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 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 8,333,333 Eq Shares of ₹10 (aggregating up to ₹25.00 Cr) |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹30 to ₹32 Per Equity Share |
| Market Lot | 200 Shares |
| Min Order Quantity | 200 Shares |
| Listing At | BSE |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 200 | ₹6,400 |
| Maximum | 31 | 6200 | ₹198,400 |
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.
No. of Times Issue Subscribed (BSE + NSE) | ||||
|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Total |
Shares Offered | 4,166,666 | 1,250,000 | 2,916,667 | 8,333,333 |
Mar 13, 2012 19:00 | 0.00x | 3.44x | 1.36x | 0.99x |
| Listing Date | Wednesday, March 28, 2012 |
| BSE Script Code | 534190 |
| NSE Symbol | |
| Listing In | T |
| ISIN | INE550L01013 |
| Issue Price | ₹30 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Olympic Cards Ltd
Olympic Cards Ltd,
195 NSC Bose Road,
Chennai - 600001, Tamil Nadu
Phone: 91-44-42921000/25380652
Email: ipo@oclwed.com
Website: http://www.olympicweddingcards.com
Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Phone: +91-44-28460390
Email: olympic@cameoindia.com
Website: https://online.cameoindia.com/
Lead Manager Reports
Olympic Cards IPO is a main-board IPO of 8,333,333 equity shares of the face value of ₹10 aggregating up to ₹25.00 Crores.
The issue price of the IPO is ₹30 to ₹32 Per Equity Share. The minimum order quantity is 200 Shares per application and the offer type is Book Built Issue.
The IPO opens on Mar 9, 2012 and closes on Mar 13, 2012.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Olympic Cards IPO opens on Mar 9, 2012 and closes on Mar 13, 2012.
Olympic Cards IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for Olympic Cards IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Olympic Cards IPO allotment status.
Olympic Cards IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.
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