Olympic Cards Ltd.IPO Issue Details

This Issue has been graded by CRISIL Limited and has been assigned the `IPO Grade 1', indicating poor fundamentals through its letter dated February 21, 2012.

OBJECT OF ISSUE

The objects of the Issue are to finance:

* Setting up of a new manufacturing unit near Chennai.

* Capital Expenditure for establishing 4 own retail outlets of the Company

* Meet Issue Expenses.

The main objects of the Issue also include creating a public trading market for the Equity Shares of our Company by listing them on BSE.

The main object clause of the Memorandum of Association of our Company enable us to undertake our existing activities and the activities for which we are raising funds through the Issue.

2. Mrs. S. Jarina

1.Mr. H. Noor Mohamed aged about 55 years, is a Science graduate. He is the Chairman and Managing Director of our Company and is managing all the business activities of the Company. He has an experience of more than 3 decades in the wedding card industry. In addition, he is presently the President of "Tamil Maanila Card Manufacturers' Association".

Qualification : B.Sc. (Mathematics)

Nationality : Indian

Passport Number : Z1744856

PAN : AAEPN9214B

Voter ID Number : KSV1519644

Driving Licence Number : R/TN/07X/007295/2007

2.Mrs. S. Jarina, the wife of Mr. H. Noor Mohamed, was born on January 06, 1960 and has been a Director of the Company for more than a decade. She has an experience of more than a decade in the wedding card industry. She is the Marketing Head of the Company and has been handling all the promotion and advertisement activities of the Company effectively with her vast experience and expertise.

Qualification : Diploma in Computer Applications

Nationality : Indian

Passport Number : E 4208780

PAN : ACWPJ8179R

Voter ID Number : KSV2655991