Flair Writing IPO Date, Review, Price, Allotment Details

Flair Writing Industries Limited was incorporated in 1976, and engaged in developing and manufacturing writing instruments. They are the largest player in the pens segment reporting a revenue of ₹7,541.8 million in Financial Year 2023 from the pens writing instruments segment in India, according to CRISIL. FLAIR is among the top three players in the overall writing instruments industry with a revenue of ₹9,155.5 million in Financial Year 2023 and occupies a market share of approximately 9% in the overall writing and creative instruments industry in India, as of March 31, 2023, according to CRISIL.

Flair Writing has an extensive range of products across various price points and caters to a broad range of consumers, including students, professionals, and offices. They manufacture and distribute writing instruments including pens, stationery products, and calculators. They have several brands including FLAIR, HAUSER, PIERRE CARDIN, FLAIR CREATIVE, FLAIR HOUSEWARE, and the ZOOX.

Flair Writing sold 1,303.60 million units of pens, of which 975.30 million units, or 74.82% were sold domestically, and 328.30 million units, or 25.18% were exported globally. Compared with other key organized players in the writing and creative instruments industry such as DOMS, Camlin, Linc, and Luxor, The company had the largest 162 distributor/dealer network and wholesale/retailer network, in the writing instruments segment in India, according to CRISIL, comprising approximately 7,700 distributors/dealers and approximately 315,000 wholesalers/retailers, as of March 31, 2023. They occupied a market share of 7.1% in the export of writing and creative instruments industry, in the Financial Year 2023, according to CRISIL.

Objects of the Issue

• Setting up a new manufacturing facility for writing instruments in District Valsad, Gujarat (“New Valsad Unit”);
• Funding capital expenditure of our Company and our Subsidiary, FWEPL;
• Funding working capital requirements of our Company and our Subsidiaries, FWEPL and FCIPL;
• Repayment/pre-payment, in part or full, of certain borrowings availed by our Company and our Subsidiaries, FWEPL and FCIPL;
• General corporate purposes.

Flair Writing IPO Review (Apply or Not)

• Apply

Brokerage Firm IPO Review

• BP Equities (BP Wealth): Apply
• Choice Equity Broking Pvt Ltd: Apply
• Reliance Securities: Apply
• Ventura Securities Limited: Apply

Flair Writing IPO Date & Price Band Details

Flair Writing IPO Market Lot

The Flair Writing IPO minimum market lot is 49 shares with ₹14,896 application amount. The retail investors can apply up-to 13 lots with 637 shares or ₹193,648 amount.

Flair Writing IPO Allotment & Listing Dates

The Flair Writing IPO date is November 22 and the close date is November 24. The Flair Writing IPO allotment will be finalized on November 30 and the IPO listing on December 5.

You can check IPO subscription status and IPO allotment status on their respective pages.

Flair Writing IPO Form

How to apply for the Flair Writing IPO? You can apply for Flair Writing IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Flair Writing IPO in the Invest section. The other option is you can apply for Flair Writing IPO via IPO forms downloaded via NSE and BSE. Check out the Flair Writing forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Flair Writing Company Financial Report

Flair Writing IPO Valuation – FY2023

Check Flair Writing IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Linc Limited
• Kokuyo Camlin Limited

Company Promoters

• Mr. Khubilal Jugraj Rathod
• Mr.Vimalchand Jugraj Rathod

Flair Writing IPO Registrar

Link Intime India Private Ltd
Phone: +91 810 811 4949
E-mail: [email protected]
Website: https://linkintime.co.in/

Flair Writing IPO Allotment Status Check

Check Flair Writing IPO allotment status on Linkintime website allotment URL. Click Here

Flair Writing IPO Lead Managers aka Merchant Bankers

• Nuvama Wealth Management Limited
• Axis Capital Limited

Company Address

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 IPO FAQs