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FLAIREQ / NSE, BSEListed
Flair Writing Industries

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.

DRHPANCHOR
₹288 - ₹30449.28x sub
Listed Price₹501.00
Listing Gain+64.80%

IPO Schedule & Timeline

Book Built Issue IPO
Open22 Nov 2023
Close24 Nov 2023
Allotment29 Nov 2023
Listing01 Dec 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB97,53,288 shares
50%
Nii (hni)29,25,987 shares
15%
Retail68,27,303 shares
35%

Minimum Application Lots

Retail0 Lots (49 shares)
₹14,896
sHNI14 Lots (686 shares)
₹2,08,544
bHNI68 Lots (3,332 shares)
₹10,12,928

Company Promoters

Mr. Khubilal Jugraj RathodMr. Vimalchand Jugraj RathodMr. Rajesh Khubilal RathodMr. Mohit Khubilal RathodMr. Sumit Rathod.

Company Background

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 ...

Lead Managers & Bankers

Nuvama Wealth Management LimitedAxis Capital Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹248.5 Cr
Growth-20.1%
Revenue Trend (₹ in Crores)
0.0365.8731.61.1kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 2023248.5032.14765.04126.67
Mar 2023954.29118.10684.18115.59
Mar 2022587.6455.15557.49126.33
Mar 2021310.870.99480.66130.31

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values12.3331.17%31.24%23.3625.7

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
29 Nov 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
01 Dec 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Flair Writing Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Nov 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Dec 2023Trading commences on exchange

How to Check Flair Writing Industries Allotment Online

1Open Portal

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2Select Company

Select Flair Writing Industries from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Flair Writing Industries IPO

Complete issue overview for Flair Writing Industries (FLAIR) IPO. The issue features an equity share price band of ₹288 – ₹304 per share with a minimum retail lot size of 49 Shares (minimum application amount of ₹14,896). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions