Olympic Cards IPO (Initial Public Offering) : Settled at 5.00% discount on debut

by khalid on 28/03/2012 · 0 comments

Olympic Cards Initial Public Offering

Olympic Cards Limited’s shares got debuted today at Rs 29.35, a 2.15% discount over its initial public offering (IPO) price of Rs 30.00 on the Bombay Stock Exchange (BSE). At the end of the day, shares price was Rs 28.50 which is a discount of 5.00% over the issue price of Rs 30.00. The stock hit a high of Rs 30.00 and a low of Rs 28.50 on the listing day 28th March 2012. A total of 2,134,583 shares changed hands on the BSE. Olympic Cards Limited 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.

Olympic Cards IPO (Initial Public Offering) Listing day Summary :-
Listing Date: 28th March 2012
BSE Scrip Code : 534190
NSE Symbol :
Listing In : ‘B’ Group of Securities
ISIN : INE550L01013
Issue Price : Rs 30.00 Per Equity Share (Fixed at the lower level)
Face Value : Rs 10.00 Per Equity Share

On the BSE:-
Issue Price: Rs 30.00
Open : 29.35
High : 30.00
Low : 28.50
Close : 28.50
Last Trade : 28.50

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Book running lead manager (BRLM) to the issue is Ashika Capital Limited.

Registrar of the Issue : Cameo Corporate Services Limited Chennai.

Stay tuned to BelltheBull Blog for more on Olympic Cards IPO !

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