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The price band of Olympic Cards' Initial Public Offering (IPO) of Rs 25 crore has been fixed at Rs 30 – Rs 32 a share. The issue opens on March 9 and closes on March 13.
The company is involved in the production and sale of wedding invitation cards, greeting cards, visiting cards etc.
The company plans to utilize the IPO proceeds to set up a new manufacturing unit near Chennai and for establishing four retail outlets of the company.
Ashika Capital is the Book Running Lead Manager and Cameo Corporate Services is the Registrar to the issue.
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