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
Overall Subscription
49.28x
Total Demand
QIB Multiplier
122.02x
Institutions & Funds
NII / HNI
35.23x
High Net-Worth
Retail (RII)
13.73x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,901,312 | 476,036,813 | 122.02x |
| NIB | 2,925,986 | 103,069,736 | 35.23x |
| HNIs(10L +) | 1,950,657 | 71,259,622 | 36.53x |
| HNIs (2-10L) | 975,329 | 31,810,114 | 32.61x |
| RETAIL | 6,827,301 | 93,733,864 | 13.73x |
| Total | 16,580,585 | 775,910,149 | 49.28x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 139,333 | 1,913,042 | 13.73x |
| HNIs (10L +) | 891 | 31,390 | 35.23x |
| HNIs (2-10L) | 4,265 | 150,256 | 35.23x |
| Total Applications | 144,489 | 2,094,688 | 14.50x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Flair Writing Industries Limited Public Issue & Market Profile
Flair Writing Industries Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹593 Crores. The shares are offered at a price band of ₹288 to ₹304 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2023-11-24, the basis of allotment is scheduled to be finalized on 2023-11-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Flair Writing Industries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Flair Writing Industries Limited IPO is ₹150 per equity share. Based on the upper price band of ₹288 to ₹304 per equity share, the estimated listing price is ₹454 (+49.3% expected listing gain).
What is the expected profit per lot for Flair Writing Industries Limited IPO?
With a lot size of 49 shares and current GMP of ₹150, the expected profit per application lot is approx ₹7,350 (+49.3% gain). Minimum application cost is approx ₹14,896.
What is the issue size and price band for Flair Writing Industries Limited IPO?
The Flair Writing Industries Limited IPO aggregate issue size is ₹593 Crores with an equity price band set at ₹288 to ₹304 per equity share. The retail lot size is 49 shares requiring a minimum capital outlay of approx. ₹14,896.
How can I check Flair Writing Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 49.28x (Retail: 13.73x, QIB: 122.02x, NII: 35.23x). You can track live multiples directly on our dedicated subscription page.
Where and when will Flair Writing Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-11-29. Investors can verify status using PAN card or application number.
When is the listing date for Flair Writing Industries Limited IPO?
Flair Writing Industries Limited shares are scheduled to list on NSE and BSE on 2023-12-01.