Olympic Cards Limited was originally incorporated as Olympic Business Credits (Madras) Private Limited on April 21, 1992, under the Companies Act, 1956, in Chennai, as per the Certificate of Incorporation issued by the Registrar of Companies, Tamil Nadu, Chennai (ROC). On March 22, 1995, it was converted into a Public Limited Company, and later, on May 13, 1998, its name was changed to Olympic Cards Limited.
The company traces its origins back to November 1962 when Mr. N. M. Habibullah, father of the promoter Mr. H. Noor Mohamed, started a proprietorship under the name Olympia Paper & Stationery Stores. Initially involved in the manufacturing and trading of wedding cards, greeting cards, office envelopes, and papers, the proprietorship was converted into a partnership firm in
Olympic Cards Limited was originally incorporated as Olympic Business Credits (Madras) Private Limited on April 21, 1992, under the Companies Act, 1956, in Chennai, as per the Certificate of Incorporation issued by the Registrar of Companies, Tamil Nadu, Chennai (ROC). On March 22, 1995, it was converted into a Public Limited Company, and later, on May 13, 1998, its name was changed to Olympic Cards Limited.
The company traces its origins back to November 1962 when Mr. N. M. Habibullah, father of the promoter Mr. H. Noor Mohamed, started a proprietorship under the name Olympia Paper & Stationery Stores. Initially involved in the manufacturing and trading of wedding cards, greeting cards, office envelopes, and papers, the proprietorship was converted into a partnership firm in 1974. The partners were Mr. H. Noor Mohamed and Mr. H. Salahudeen Babu, both brothers. Over time, the firm shifted focus to the trading of diaries.
In 1992, the group established a private limited company named Olympic Business Credits Madras Private Limited, which was subsequently converted into a public limited company. The company aimed to capture the market for wedding cards and associated products such as greeting cards, office envelopes, cloth-lined covers, student notebooks, account books, and files. It carved a niche for itself in these business segments.
In 2003, the group expanded its operations by starting a partnership firm named Olympic Paper Products for trading in disposable paper products. The following year, in 2004, another partnership firm, Olympic Plastic Products, was established to manufacture and trade in disposable plastic products. During the same year, Mr. H. Noor Mohamed and Mr. H. Salahudeen Babu amicably decided to pursue their business interests independently, under mutually agreed terms and conditions.
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