Flair Writing Industries Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
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.
Price Band
₹288 – ₹304
Issue Size
₹593 Cr
Lot Size
49 shares
GMP
₹150
+49.3%
Est. Listing
₹454
at current GMP
Subscribed
49.28x
overall
Open
22 Nov 2023
Close
24 Nov 2023
Allotment
29 Nov 2023
Refund
30 Nov 2023
Demat Credit
1 Dec 2023
Listing
1 Dec 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹288 - ₹304 per equity share
- •Minimum bid lot is 49 shares
- •Estimated listing target of ₹454 based on current grey market activity