Monday, March 5, 2012

Olympic Cards IPO to open on Mar 9th

Olympic Cards Ltd is entering in the capital markets with an initial public offering, IPO of Rs. 25 Crore. The price band for the issue has been fixed at Rs 30/- at lower level and Rs 32/- at upper level.

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.

The issue opens on Mar 09, 2012 and closes for subscription on Mar 13, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE).