IPO Issue Details
Issue Price / Price Band₹32 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size200 Shares per Lot
Total Issue Size77,89,800 shares (aggregating up to ₹23.37 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 09 Mar 2012
Subscription CloseTue, 13 Mar 2012
Anchor AllotmentThu, 08 Mar 2012
Basis of AllotmentMon, 19 Mar 2012
Initiation of RefundsTue, 20 Mar 2012
Credit of Shares to DematTue, 20 Mar 2012
Listing DateWed, 28 Mar 2012
UPI Mandate Deadline2012-03-13
Application & Investment Details
Retail — Min (1 Lots)₹6,000 — 200 shares
Retail — Max (13 Lots)₹83,200 (13 Lots)
HNI — Min (34 Lots)₹2,04,000 — 6,800 shares
Pre-IPO Promoter Holding85,18,900 shares
Post-IPO Promoter Holding1,67,69,900 shares
About Olympic Cards Ltd.
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.
Objects of the Issue
Olympic Cards Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of a new manufacturing unit near Chennai
19.83
2
2 Capital Expenditure for establishing 4 own retail outlets of the Company
3.16
Shareholding & Lock-in
Pre-IPO Promoter Holding
85,18,900 shares
Post-IPO Promoter Holding
1,67,69,900 shares