Flair Writing Industries IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 593.00 Cr. The company is based in Mumbai and caters to Paper And Stationery sector. Axis Capital , Nuvama Wealth Management are the merchant bankers of Flair Writing Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th July 2023.
Flair Writing Industries IPO open date is 22nd November 2023 and close date is 24th November 2023. IPO Allotment Date is 29th November 2023 and Listing date is 1st December 2023.Flair Writing Industries IPO size is ₹ 593.00 Cr. with IPO price of ₹ 304.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Flair Writing Industries IPO. Link Intime India Private Limited is the Registrar for Flair Writing Industries IPO.
Flair Writing Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Flair Writing Industries IPO, based in Mumbai, operates in the Paper And Stationery sector with a focus on manufacturing of pen and writing instruments. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Flair Writing Industries IPO size is ₹ 593.00 Cr. with fresh issue size of ₹ 292.00 Cr. and Offer for sale being ₹ 301.00Cr.
The IPO allotment date for Flair Writing Industries IPO is expected to be 29th November 2023, after the finalization of basis of allotment. Investors can check Flair Writing Industries IPO allotment status on the registrars website, Link Intime India Private Limited . Flair Writing Industries IPO refund dates are 30th November 2023.
Flair Writing Industries IPO is expected to be listed on 1st December 2023.
The upper price band for the Flair Writing Industries IPO is set at ₹ 304.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Flair Writing Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Flair Writing Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th November 2023. After submission, funds are blocked until the basis of allotment of Flair Writing Industries IPO is finalised.
The merchant banker for Flair Writing Industries IPO is Axis Capital Limited , Nuvama Wealth Management Limited . Axis Capital Limited , Nuvama Wealth Management Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Flair Writing Industries IPO RHP for further details.
The registrar for Flair Writing Industries IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Flair Writing Industries IPO through their official website or helpline.
Flair Writing Industries IPO was subscribed 49.28 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Flair Writing Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Flair Writing Industries Financial Review Page
Merchant Banker(s) of Flair Writing Industries IPO: Axis Capital Limited , Nuvama Wealth Management Limited
Flair Writing Industries IPO subscription was 49.28 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Flair Writing Industries IPO listed at a listing price of 452.70 against the offer price of 304.00.
The current market price of Flair Writing Industries is 262.75.
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