Olympic Cards Ltd IPO Message Board (Page 2)

Olympic Cards is entering the capital market on 9th March 12, with a public issue of Rs.25 crore, with equity shares of face value of Rs.10, in the
price band of Rs.30- Rs.32 per share. Shares of the company will be listing only on BSE.
Book Running Lead Manager of the IPO is Ashika Capital Ltd. Have you got shivers in your spine? We got it, while analyzing it. One more
operator driven IPO is coming to rob the gullible investors/traders. We think that SEBI should become pro-active and must stop it tapping the capital market. For a
change, MCX IPO has changed the trend of primary market. But see the irony, on day of listing of MCX, this operator driven IPO is opening its issue.
The company is engaged in the manufacturing and trading wedding Cards, Greeting Cards, Envelopes, Letter Heads, with presence in Southern India. Financial
performance of the company for 9 months ending 31-12 -11 is very dismal, with total income at Rs.32.63 crores and PAT of Rs.1.93 crores only. Equity of the
company, on 31-12-11, was placed at Rs.8.52 crores, with net worth at Rs.12.50 crores. Strangely, it has debt of Rs.15.30 crores and current liabilities of Rs.10.50
crores. This is largely used in Inventory of Rs.18.90 crores and loans & advances of Rs.7.40 crores. This gives a precarious financial position of the company. Crisil
has also assigned Rating of 1 out of 5.
No point in taking call on its fundamentals and performance, as it totally lacks everything. Just avoid it. Let promoters and BRLM merry with market operations, post
listing.

Source: https://www.sptulsian.com/article/65057

When such script start falling , nobody buys then even at price we don't mind throwing at beggars ( chavannies ). When this script loose Rs.31.95
to Ahmedabad ke grey mkt premium ki 32 bana ke , you know further what to do .

But at this point of time you have option of "is issue ki 32 bana ke promoter ke ..... you know what to do

there is a grey market premium of 3 to 3.50 rs on the issue price of 32 rs as per smartinvestment.in. So should one apply for listing gain.

ipo bharana chahiye ya nahi @@@@@ kanhi card deke chala jayega

Govt. Nay LIC ko ONGC may 1200 carors ki topi pahna di, isi tarah UTI barbad ho chuka hi,Lic public money luta rah hi jab ONGC ka rate 278 chal raha ho and lic 303 pay buy kar raha hi.

WHAT IS THE GMP OF MCX NOW ? MOST OF THE PUBLIC BELIEVE THAT SHARE PRICE CAN TOUCH AT ANY RATE ON LISTING DAY. BECAUSE IF DISCOVERED PRICE IS HIGH, THAN CIRCUIT WILL BE ON 20%. IN MCX IF DISCOVERED PRICE COMES AT RS.1700, THAN CIRCUIT LIMIT WILL BE 2040.

what is gmp or kostak rate?

IPO grade 1, so not worth applying.

ye sab dabba company ka issue subscribe nahi hone vala ye fact hai dusra vohi mean(company vale) bharenge tohi subscribe honga-ye mera opinion hai othervise buy back scheme ya or koi issue saathe me kutch karengi tohi issue saayed subscribe honga-sathe me mcx ka itna subscribe hui to abhi ye logko pudkni ne ki zaroorte nehi hai-mcx ka strong fundamentles thi-thanks

JUST AVOID THIS ISSUE