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Olympic Card (OCL) IPO Analysis

Olympic card is going to tap money from the market from 09 Mar 2012 and will close on 12 Mar 2012.

OCL is a wedding card manufacturing company based at Chennai and is asking for a price which is 24 times of its P/E which is just too steep. A further comparison can not be made as this is first IPO coming to the ,market in this segment.


One should skip this IPO and can buy in Secondary market after 6 months seeing the response of the participants.

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