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Flair Writing Industries Limited IPO

Flair Writing Industries Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 501.00 (+64.80%)

Following its successful public offering, Flair Writing Industries Limited's made its market debut on 01-12-2023 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 1,95,06,578 Shares in total capital, including 96,05,263 Shares in primary equity infusion and ₹301.00 Cr in secondary share sales.

The offering was structured with a price band of ₹288 to ₹304 and minimum investment lots of 49 shares. Investor participation during the subscription window from 22-11-2023 to 24-11-2023 demonstrated market confidence in the company's prospects.

The allotment process concluded on 29-11-2023, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Flair Writing IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Flair Writing IPO Key Performance Indicator
Company Financials ( In Crores )

Flair Writing IPO About Company

Incorporated in 1976, Flair is engaged in developing and manufacturing writing instruments that meet modern market requirements, and is an ISO 9001:2015 and ISO 14001:2015 certified company. It owns well-known brands like Flair, Hauser, Pierre Cardin, Flair Creative, Flair Houseware and Zoox. In FY23, it sold 1,303.60 million pens, with 74.82% sold in India and 25.18% exported globally. The company has strong business relationships with leading writing industry players and recently expanded into houseware products such as casseroles, bottles, storage containers, and cleaning solutions through its subsidiary FWEPL, adding to its diversified product portfolio and growth opportunities.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Flair Writing IPO Strength Factors

NA


Flair Writing IPO Risk Factors

NA


Flair Writing IPO Lead Manager(s)

  • Nuvama Wealth Management Limited
  • Axis Capital Limited

Flair Writing IPO Promoter(s)

  1. Mr. Khubilal Jugraj Rathod,
  2. Mr. Vimalchand Jugraj Rathod,
  3. Mr. Rajesh Khubilal Rathod,
  4. Mr. Mohit Khubilal Rathod,
  5. Mr. Sumit Rathod.

Flair Writing IPO Company Details

Flair Writing Industries Limited
Phone:
address:

Flair Writing IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Flair Writing IPO FAQs