Flair Writing Industries Limited

Flair Writing Industries Limited

MainboardClosed

₹14,896(49 Shares)

Minimum Investment

IPO Dates

Nov 22, 2023 – Nov 24, 2023

Price Band

₹288–304 per equity share

Lot Size

49

Listing

Dec 1, 2023

Listing At

BSE, NSE

Nov 22, 2023Open DateCompleted
Nov 24, 2023Close DateCompleted
TBAAllotment DateUpcoming
Dec 1, 2023Listing DateCompleted

Flair Writing Industries Limited Live Subscription Details

All IPOs
QIB115.60x
Retail13.01x
NIIs
33.37x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

30.90x

bHNI (> ₹10L)

Bids above ₹10L

34.61x

Overall Subscription

Total Bids Received

46.98x

Flair Writing Industries Limited IPO Issue Details

Issue Price
₹288-304 Per Equity Share
Face Value
₹5 Per Equity Share
Listing At
BSE, NSE
Listing Date
Dec 1, 2023

Company Information

Flair is engaged in developing and manufacturing writing instruments that are tailored to today's continuously shifting market. FLAIR is an ISO 9001 : 2015; ISO 14001 : 2015 certified company, adherin...

Valuations

RoNW

31.17%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets684.18557.49480.66
Total Revenue954.29587.64310.87
Profit After Tax118.155.150.99
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Setting up a new manufacturing facility for writing instruments in District Valsad, Gujarat (New Valsad Unit)
  2. 2Funding capital expenditure of our Company and our Subsidiary, FWEPL
  3. 3Funding working capital requirements of our Company and our Subsidiaries, FWEPL and FCIPL
  4. 4Repayment/pre-payment, in part or full, of certain borrowings availed by our Company and our Subsidiaries, FWEPL and FCIPL
  5. 5General corporate purposes.

Flair Writing Industries Limited – Promoter(s)

Mr. Khubilal Jugraj Rathod
Mr. Vimal Jugraj Rathod

Contact Details

Flair Writing Industries Limited IPO Documents

Frequently Asked Questions — Flair Writing Industries Limited IPO

The Flair Writing Industries Limited IPO price band is set at ₹288.00 to ₹304.00 per equity share.

The lot size for Flair Writing Industries Limited IPO is 49 shares per lot. The minimum investment amount is approximately ₹14,896.

The Flair Writing Industries Limited IPO opens on Nov 22, 2023 and closes on Nov 24, 2023.

Flair Writing Industries Limited IPO is expected to be listed on Dec 1, 2023 on BSE, NSE.

View All
ESDS Software Solution

ESDS Software Solution

LiveMainboard
GMP +355

Price Band: 408–₹429

Lumino Industries

Lumino Industries

LiveMainboard
GMP +50

Price Band: 78–₹82

Kwick Forensic Solutions

Kwick Forensic Solutions

LiveSME
GMP +48

Price Band: 85–₹90

Deepa Jewellers

Deepa Jewellers

UpcomingMainboard
GMP +38

Price Band: 168–₹177

Priority Jewels

Priority Jewels

LiveMainboard
GMP +32

Price Band: 190–₹200

Paluck Technologies

Paluck Technologies

LiveSME
GMP +12

Price Band: 46–₹48