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

Issue Open	Mar 9, 2012 - Mar 13, 2012
Issue Type	Book Built Issue IPO
Issue Size	8,333,333 Eq Shares of Rs 10 (aggregating up to Rs 25.00 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 30 - Rs 32 Per Equity Share
Market Lot	200 Shares
Min Order Quantity	200 Shares
Listing At	BSE

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 Subscription Status (Bidding Detail)

Olympic Cards IPO how much subscribed?
	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

Olympic Cards IPO Prospectus

› Draft Prospectus

Olympic Cards IPO Rating

2.7

Rating:

Vote Here ...

Olympic Cards IPO Listing Date

Listing Date	Wednesday, March 28, 2012
BSE Script Code	534190
NSE Symbol
Listing In	T
ISIN	INE550L01013
Issue Price	Rs 30 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 30.00
Rs 29.95
Rs 28.50
Rs 30.00
Rs 28.50
2,134,583

Olympic Cards IPO Reviews / Ratings

Dilip Davda - Avoid
Dilip Davda - Avoid

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
   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/

Olympic Cards IPO Lead Manager(s)

Ashika Capital Ltd

Lead Manager Reports

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Find Olympic Cards IPO Latest Update

Useful Articles

Olympic Cards IPO Review / Comments

30. gundu anna Mar 28, 2012 20:29

Top Contributor (400+ Posts, 100+ Likes)

Finally speculators kept out, so very good decison by SEBI putting it is t-to-t category.

29. santonu Mar 28, 2012 12:59

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 Mar 28, 2012 11:47

RCL IPO COMMING SHORTLY IN APRIL 1 ST OR 2ND WEEK LISTED IN THILAND

27. manish singh Mar 27, 2012 19:38

tomorrow is the listing day

26. manish singh Mar 23, 2012 19:30

Have applied for full application of 2L lets see what happens at listing day

25. V patel Mar 23, 2012 16:41

got share in deamt 200 share in minimum app.got msg from cdsl check your self

24. terun patel Mar 22, 2012 19:54

DURAISWAMIJI,

nice to see you after long time,what is the premium of olympic cards?

23. DURAISWAMY Mar 22, 2012 19:06

expectedtolist on 27 th march

22. Dilip Davda Mar 18, 2012 12:14

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 Mar 18, 2012 17:05

Top Contributor (400+ Posts, 100+ Likes)

In that case the company decided not list and its not SEBI.

21. UMANG KOTHARI Mar 13, 2012 16:38

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 Mar 13, 2012 09:42

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 Mar 13, 2012 10:17

NO FUNDAMENTALS-GREED IS THE ONLY REASON FOR LOSS IN IPO*/SHARE MARKET.

19. MadhanSR Mar 12, 2012 16:08

OLYMPIC CARD IPO :

So for now,olympic cards done with the subscription of 27.66%.

18. MadhanSR Mar 12, 2012 14:27

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 Mar 12, 2012 10:23

IPO Mentor (600+ 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 Mar 12, 2012 00:58

Top Contributor (300+ Posts)

Clear avoid :

http://www.thehindubusinessline.com/features/investment-world/stock-insight/article2982055.ece?homepage=true

15. danny chris Mar 11, 2012 19:33

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 Mar 10, 2012 20:29

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 Mar 11, 2012 10:02

Top Contributor (400+ Posts, 100+ Likes)

It will be in trade-to-trade segment for 10 days.

13. jackpot ipo Mar 10, 2012 15:49

olympic subscription not available in NSE site @@@@@ ye kaisa ho sakta hai

13.1. Priya Jain Mar 10, 2012 17:00

0.02 times on day 1. Check it above.

12. harishkumar Mar 10, 2012 11:29

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 Mar 9, 2012 20:23

Enjoyed profit in mcx
Alloted 96 shares
Sold @ 1397
Thanks shreedhar
Only after u recommended,
I had put 12 application.

Name		Phone
Email		City
State
Are you a day trader?