Flair Writing IPO details (22 – 24 Nov), (Price ₹288 to ₹304)
Listing date and Listing Price of Flair Writing IPO:
- Flair Writing IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Flair Writing IPO on NSE – Click Here
- Listing Price of Flair Writing IPO on BSE – Click Here
Grey Market premium (GMP) price of Flair Writing IPO:
Grey Market premium (GMP) price of Flair Writing IPO is Rs. __. Grey Market premium (GMP) of Flair Writing IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Flair Writing IPO Allotment link status on Link Intime:
- Check the allotment status of Flair Writing IPO on the below link given by Link Intime.
- Flair Writing IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
Flair Writing IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
Flair Writing IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Employee category | Total No. of times applied | |
| No. of shares offered | |||||
| Day 1 | |||||
| Day 2 | |||||
| Day 3 |
Flair Writing IPO highlights:
| Flair Writing IPO bid Opens on | 22 Nov 2023 |
| Flair Writing IPO bid Closes on | 24 Nov 2023 |
| Issue type | 100% Book Building |
| Flair Writing IPO issue size | ₹ 593 Cr |
| Face value of each equity share | Rs. 5 |
| Flair Writing IPO Price band | Rs 288 to Rs 304 per share |
| Flair Writing IPO market lot | 49 equity shares and multiples |
| Flair Writing IPO minimum order quantity | 49 equity shares |
| Pre IPO equity share of promoters of Flair Writing | 97.49 % |
| Post IPO paid-up equity share of promoters of Flair Writing | 79.21 % |
| QIB portion reservation in Flair Writing IPO | 50 % |
| NIB portion reservation in Flair Writing IPO | 15 % |
| Retail portion reservation in Flair Writing IPO | 35 % |
| Retail individual bidder can apply in Flair Writing IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Flair Writing IPO | NA |
| Employees can apply in Flair Writing IPO | NA |
| Employees Reservation in Flair Writing IPO | NA |
| Employees Discount in Flair Writing IPO | NA |
| Listing of Flair Writing at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Flair Writing | NA |
| Registrar of Flair Writing IPO issue | Link Intime India Private Limited |
Flair Writing IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Flair Writing IPO are mentioned below.
| Flair Writing IPO opens on | 22.11.2023 |
| Flair Writing IPO Closes on | 24.11.2023 |
| Allotment basis date of Flair Writing IPO | 30.11.2023 |
| Money refund date of Flair Writing IPO | 01.12.2023 |
| Shares of Flair Writing in Demat Account | 04.12.2023 |
| Flair Writing IPO listing date on NSE, BSE | 05.12.2023 |
How much shares of Flair Writing IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ₹ 593 Crore | |
| Fresh Issue size | – | ₹ 292 Crore |
| Offer for Sale (OFS) | – | ₹ 301 Crore |
| Employee Reservation | – | – |
No. of Equity shares offered of Flair Writing IPO
IPO Red Herring Prospectus (RHP) of Flair Writing:
Click here for IPO RHP of Flair Writing on SEBI website.
Business of Flair Writing: (Source – RHP)
We are among the top three players in the overall writing instruments industry with a revenue of ₹9,155.5 million in Financial Year 2023 and occupy a market share of approximately 9% in the overall writing and creative instruments industry in India, as of March 31, 2023, according to CRISIL. According to CRISIL, we are also among the top two organized players which have seen faster growth in revenue as compared to overall writing and creative instrument industry growth rate, i.e., while the industry grew at a compounded annual growth rate of 5.5% between Financial Year 2017 and 2023, we grew at a compounded annual growth rate of approximately 14% during the same period. We reported the highest operating and net income margins of 17.8% and 9.6%, respectively, in Financial Year 2022 among other key writing instruments players, according to CRISIL.
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