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Olympic Cards Rs 25 Cr IPO will open on March 9

, March 5, 2012, 0 Comments

Mumbai, March 05, 2012 : Wedding invitation cards, visiting and greeting card maker Olympic Cards is set to go public on March 09, 2012. A sum of 25 cr will be raised and price band for ipo has been fixed at Rs. 30 to Rs 32 per share. Ashika Capital is the Book Running Lead Manager (BRLM) and Cameo Corporate Services Ltd is the Registrar to the issue.  Proceeds of IPO will be used to set up a new manufacturing unit near Chennai and for establishing retail outlets. Archies Limited [stockquote]Archies[/stockquote] is also engaged in greeting and card business.