The Flair Writing Industries has begun on 22-November-2023. It will close on 24-November-2023. The Total IPO Size is 593 Crore. The company set its IPO price is 288-304 Rs Per Share. Basically, there are three basic categories in Flair Writing Industries IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Flair Writing Industries 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, adhering to global business & social norms.
They manufacture pens and other products from 11 manufacturing plants located in Valsad, Gujarat; in Naigaon (near Mumbai), Maharashtra; in Daman, Union Territory of Dadra and Nagar Haveli and Daman and Diu; and in Dehradun, Uttarakhand.
They have recently forayed into manufacturing a wide range of houseware products including casseroles, bottles, storage containers, serving solutions, cleaning solutions and basket and paper bins, through one of our Subsidiaries, FWEPL.
The products are sold under our “Flair” brand , our principal brands “Hauser” and “Pierre Cardin” and we have recently introduced “ZOOX” in India and products were sold by us and our distributors in 97 countries as of March 31, 2023.
Flair Writing Industries Promoters
Mr. Khubilal Jugraj Rathod and Mr. Vimal Jugraj Rathod. is a Promotors of the company.
Flair Writing Industries IPO Date, Details & Price Band
The Flair Writing Industries IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 22-November-2023 |
| IPO Closing Dates | 24-November-2023 |
| Price Band | 288-304 Rs |
| Fresh Issue | 292.00 Crore |
| Offer for Sale | 301.00 Crore |
| Total IPO size | 593.00 Crore |
| Minimum bid (lot size) | 49 Shares |
| Face Value | 5 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Flair Writing Industries IPO Market Lot
The Flair Writing Industries IPO minimum market lot is 49 shares With 14,896 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 49 | 14,896 ₹ |
| Retail Maximum | 13 | 637 | 1,93,648 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 684.18 | 954.29 | 118.10 |
| 31-Mar-22 | 557.49 | 587.64 | 55.15 |
| 31-Mar-21 | 480.66 | 310.87 | 0.99 |
Flair Writing Industries IPO GMP & Grey Market Premium
Flair Writing Industries IPO GMP Grey market premium has been started today. Check Latest Flair Writing Industries IPO GMP, Kostak Rates and Subject to Sauda Price here.
Flair Writing Industries IPO Prospectus
Flair Writing Industries IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Flair Writing Industries IPO Prospectus.
| DRHP | Download |
| RHP | Download |
Flair Writing Industries IPO Reviews
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Flair Writing Industries IPO Form Download
Flair Writing Industries IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Flair Writing Industries IPO forms.
Flair Writing Industries IPO Allotment Date & Details
| Allotment Date | 30-November-2023 |
| Initiation of refunds | 01-December-2023 |
| Transfer of shares to Demat accounts | 04-December-2023 |
| Listing Date | 05-December-2023 |
| Check Allotment Status | Click here |
Registrar of Flair Writing Industries
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg
Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: [email protected]
Website: www.linkintime.co.in
Investor grievance e-mail: [email protected]
Contact person: Ms. Shanti Gopalkrishnan
SEBI registration no.: INR000004058
Flair Writing Industries Contact Details
Flair Writing Industries Limited
63 B/C, Government Industrial Estate
Charkop, Kandivali West
Mumbai 400 067
Phone: +91 22 4203 0405
Email: [email protected]
Website: https://flairworld.in/
Flair Writing Industries IPO Lead Managers
Axis Capital Limited
1st Floor, Axis House, C-2
Wadia International Centre
Pandurang Budhkar Marg, Worli
Mumbai 400 025
Maharashtra, India
Tel: +91 22 4325 2183
E-mail: [email protected]
Website: www.axiscapital.co.in
Investor grievance e-mail: [email protected]
Contact person: Mr. Pratik Pednekar
SEBI registration no.: INM000012029
Nuvama Wealth Management Limited
(formerly known as Edelweiss Securities Limited)(1)
801 – 804, Wing A, Building No 3
Inspire BKC, G Block
Bandra Kurla Complex, Bandra East
Mumbai 400 051
Maharashtra, India
Tel: +91 22 4009 4400
E-mail: [email protected]
Website: www.nuvama.com
Investor grievance e-mail: [email protected]
Contact person: Mr. Manish Tejwani/Ms. Ayushi Modi
SEBI registration no.: INM000013004