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Olympic Cards Ltd IPO (Olympic Cards IPO) Detail

Mar 9, 2012 - Mar 13, 2012

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.

Company Promoters:

The promoters of the company are:

Mr. H. Noor Mohamed
Mrs. 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.

Olympic Cards IPO Details

IPO Opening Date Mar 9, 2012
IPO Closing Date Mar 13, 2012
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹30 to ₹32 per equity share
Market Lot 200 Shares
Min Order Quantity 200 Shares
Listing At BSE
Issue Size8,333,333 Eq Shares of ₹10
(aggregating up to ₹25.00 Cr)

Olympic Cards IPO Lot Size

The Olympic Cards IPO market lot size is 200 shares. A retail-individual investor can apply for up to 31 lots (6200 shares or ₹198,400).

Application Lots Shares Amount (Cut-off)
Minimum 1 200 ₹6,400
Maximum 31 6200 ₹198,400

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.

Olympic Cards IPO Review

Aggressive pricing of the IPO makes it a bet only for the risk aver investors to park moderate funds for listing gains, if any.  

Read detail review...

Olympic Cards IPO Subscription Status (Bidding Detail)

The Olympic Cards IPO is subscribed 0.99 times on Mar 13, 2012 7:00:00 PM. The public issue subscribed 1.36 times in the retail category, 0.00 times in the QIB category, and 3.44 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB0.00
NII3.44
Retail1.36
Total0.99

Olympic Cards IPO Prospectus

Olympic Cards IPO Rating

97
2.7
Rating:Rated 2.7 stars
Vote Here ...

Olympic Cards IPO Listing Date

Listing Date Wednesday, March 28, 2012
BSE Script Code 534190
NSE Symbol
Listing In T Group of Securities
ISIN INE550L01013
IPO Price ₹30 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹30.00
₹29.95
₹28.50
₹30.00
₹28.50

Company Contact Information

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

Olympic Cards IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: olympic@cameoindia.com
Website: https://online.cameoindia.com/

Olympic Cards IPO FAQs

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 is priced at ₹30 to ₹32 per equity share. The minimum order quantity is 200 Shares.

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 lot size is 200 Shares and the minimum order quantity is 200 Shares.

You can apply in Olympic Cards IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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.

The Olympic Cards IPO listing date is on Wednesday, March 28, 2012.

Olympic Cards IPO Message Board

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35 Comments

30. gundu anna |   Link |Mar 28, 2012 9:29:03 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Finally speculators kept out, so very good decison by SEBI putting it is t-to-t category.
29. santonu |   Link |Mar 28, 2012 1:59:55 PM
Top Contributor Top Contributor (200+ Posts)
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.
28. prakash bohra |   Link |Mar 28, 2012 12:47:29 PM
RCL IPO COMMING SHORTLY IN APRIL 1 ST OR 2ND WEEK LISTED IN THILAND
27. manish singh |   Link |Mar 27, 2012 8:38:47 PM
tomorrow is the listing day
26. manish singh |   Link |Mar 23, 2012 8:30:27 PM
Have applied for full application of 2L lets see what happens at listing day
25. V patel |   Link |Mar 23, 2012 5:41:09 PM
got share in deamt 200 share in minimum app.got msg from cdsl check your self
24. terun patel |   Link |Mar 22, 2012 8:54:10 PM
DURAISWAMIJI,

nice to see you after long time,what is the premium of olympic cards?
23. DURAISWAMY |   Link |Mar 22, 2012 8:06:17 PM
expectedtolist on 27 th march
22. Dilip Davda |   Link |Mar 18, 2012 1:14:11 PM
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.

Can any body reply on this and justify its listing???

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

22.1. gundu anna |   Link |Mar 18, 2012 6:05:51 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
In that case the company decided not list and its not SEBI.
21. UMANG KOTHARI |   Link |Mar 13, 2012 5:38:21 PM
REC TAX FREE BOND- Subscription Figure
Update 13 Mar 2012



Tentative figures for REC Tax free Bonds 2012 including the Green shoe option.

REC Break up of Amt Total Amt Rcd @ end of 12th Mar ‘ No of Times
CAT I 15000000000 24285125000 1.62
CAT II 7500000000 17392497000 2.32
CAT III 7500000000 5809853000 0.77
TOTAL 30000000000 47487475000 1.58
20. ahmedabadking |   Link |Mar 13, 2012 10:42:59 AM
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.
20.1. harishkumar |   Link |Mar 13, 2012 11:17:51 AM
NO FUNDAMENTALS-GREED IS THE ONLY REASON FOR LOSS IN IPO*/SHARE MARKET.
19. MadhanSR |   Link |Mar 12, 2012 5:08:43 PM
OLYMPIC CARD IPO :

So for now,olympic cards done with the subscription of 27.66%.
18. MadhanSR |   Link |Mar 12, 2012 3:27:14 PM
Hi All

OLYMPIC CARDS Getting reasonable response from the RII as well as retail investors.

Source:http://bseindia.com/bookbuilding/newbookbuilding.asp?status=l&ir_flag=IPO
17. SkDash |   Link |Mar 12, 2012 11:23:18 AM
IPO Mentor IPO Mentor (700+ Posts)
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....

I dont think SEBI has done a great thing of setting circuit on D1 and banning short on the same...

As per me, Mkt oerators should be allowed to play...
16. bangalore king |   Link |Mar 12, 2012 1:58:06 AM
Top Contributor Top Contributor (400+ Posts)
Clear avoid :

http://www.thehindubusinessline.com/features/investment-world/stock-insight/article2982055.ece?homepage=true
15. danny chris |   Link |Mar 11, 2012 8:33:38 PM
farevalue only 9 rs / share
listing day market down means all fund negative sign upto 75%

please keep safe and check...good luck...
14. santonu |   Link |Mar 10, 2012 9:29:18 PM
Top Contributor Top Contributor (200+ Posts)
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)
14.1. gundu anna |   Link |Mar 11, 2012 11:02:26 AM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
It will be in trade-to-trade segment for 10 days.
13. jackpot ipo |   Link |Mar 10, 2012 4:49:24 PM
olympic subscription not available in NSE site @@@@@ ye kaisa ho sakta hai
13.1. Priya Jain |   Link |Mar 10, 2012 6:00:08 PM
0.02 times on day 1. Check it above.
12. harishkumar |   Link |Mar 10, 2012 12:29:17 PM
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.
THE EXPECTED EPS OF MCX FOR MARCH,2012 IS RS.60/-
HOW MUCH PE RATION WILL YOU GIVE TO MCX?
IF YOU GIVE LOWEST 30 PE, PRICE OF MCX COMES AT 1800/-
IF YOU GIVE HIGHEST 57 PE, PRICE OF MCX COMES AT 3420/-
THE RESULTS OF MCX IS CONSISTENT.
11. Salecha |   Link |Mar 9, 2012 9:23:23 PM
Enjoyed profit in mcx
Alloted 96 shares
Sold @ 1397
Thanks shreedhar
Only after u recommended,
I had put 12 application.