Flair Writing Industries Limited

Flair Writing Industries Limited IPO

BSE, NSEClosed
Nov 22, 2023Open Date
Nov 24, 2023Close Date
TBAAllotment Date
Dec 1, 2023Listing Date

Subscription Details

View Subscription Details
QIB115.60x
Retail13.01x
NIIs (Non-Institutional Investors)Main Category
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

Updated: 10 Jul, 06:09 pm

Flair Writing Industries Limited IPO Issue Details

Issue Price₹288-304 Per Equity Share
Face Value₹5 Per Equity Share
Listing AtBSE, NSE
Listing DateDec 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

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