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Olympic Cards Ltd. Company History and Annual Growth Details

Olympic Card Company was originally incorporated as ÂOlympic Business Credits (Madras) Private LimitedÂ on April 21, 1992 under the Companies Act, 1956 at Chennai vide Certificate of Incorporation bearing Corporate Identification Number U65993TN1992PLC022521 issued by the Registrar of Companies, Tamil Nadu (ÂROCÂ). Subsequently, the Company became a Public Limited Company and the name was changed to ÂOlympic Business Credits (Madras) LimitedÂ vide special resolution passed at the Extra Ordinary General Meeting held on 22.03.1995 and approved in terms of Section 44 read with 21/31 of the Companies Act, 1956 by the Central Government though Registrar of Companies, Chennai and fresh Certificate of Incorporation consequent to change in status issued on 31.10.1996. Further, the name of the Company was changed to ÂOlympic Cards LimitedÂ so as to reflect business activities of the company in the name of the company and a fresh Certificate of Incorporation was obtained from ROC on June 2, 1998.

Major Events and Milestones

1992 Incorporation of the Company

1998 Name of the Company was changed to Olympic Cards Limited

1998-1999 Opening of first retail outlet in Chennai at 195, N.S.C Bose Road

1998-1999 Opening of second retail outlet in Chennai at 23, Anderson Street

1998-1999 Opening of first retail outlet at Coimbatore

1999-2000 Launch of the following new products:

* Printed Thread Type Cards

* Daily Tear off, Monthly and Table Top Calendars

* Machine made envelopes

2000-2001 Commencement of exports

2001-2002 The following new products were launched:-

* Vergo Print Cards

* Political LeaderÂs Cards

* Paper Carry Bags

2003-2004 Purchase of land at Vyasarpadi Industrial Estate for the purpose of setting up of factory

2003-2004 Metallic Coated Cards was launched

2005-2006 Opening of third retail outlet in Chennai at Kodambakkam

2005-2006 Multi-Colour Card with Mat & Gloss Laminated Finish was launched

2007-2008 Opening of fourth retail outlet in Chennai at Thiruvanmiyur

2007-2008 Launch of the following new products:

* Wedding Cards with Zari Powder Coating

* Cards with UV Coating

2008-2009 Two new types of cards were launched:-

* Scroll Type cards made up of Velvet Cloth

* Non-Woven Cards

2009-2010 Opening of fifth retail outlet in Chennai at T. Nagar

2009-2010 Launch of the following new products:

* Decorated Cards (with Materials such as Bindhi, Metal Stickers, Diamonds and other
Ornaments)

* Card embedded with Musical Chips containing pre-recorded slogans.

* Box Type Cards containing Dry Fruits and Chocolates

2012

- The equity shares of Olympic Cards Ltd (Scrip Code: 534190) are listed and admitted to dealings on the Exchange in the list of 'T' Group Securities.

2013
-The company Opened a New Retail Outlet.
-The company recommended Dividend @ 6% (60 paise on each fully paid-up equity share of Rs. 10 each).

2014
-The company opened its fourth retail outlet.

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