Flair Writing Industries Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹288 - ₹304
- Lot size
- 49 shares
- Issue amount
- ₹593 cr
- Total subscription
- 49.28×
- Opens
- 22 Nov 2023
- Closes
- 24 Nov 2023
- Allotment
- 29 Nov 2023
- Listing
- 1 Dec 2023
Offer at a glance
Issue overview
- Issue size
- 1,95,06,578 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹14,112
- Fresh issue
- ₹292 cr
- Offer for sale
- ₹301 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,896
- Issue type
- Book Built Issue IPO
- Shares before issue
- 9,33,88,800
- Shares after issue
- 10,53,95,378
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 0 | 49 | ₹14,896 |
| sHNI | 14 | 686 | ₹2,08,544 |
| bHNI | 68 | 3,332 | ₹10,12,928 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 118.6 | 14,471.52 |
| RETAIL | 207.55 | 2,849.51 |
| NIB | 88.95 | 3,133.32 |
| HNIs 2+ | 29.65 | 967.03 |
| HNIs 10+ | 59.3 | 2,166.29 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 12.33 |
| ROE | 31.17 |
| ROCE | 31.24 |
| RONW | 31.17 |
| PRE IPO(PE) | 23.36 |
| POST IPO(PE) | 25.7 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Mr. Khubilal Jugraj Rathod,
Mr. Vimalchand Jugraj Rathod,
Mr. Rajesh Khubilal Rathod,
Mr. Mohit Khubilal Rathod,
Mr. Sumit Rathod.
Registrar & documents
Lead manager
Nuvama Wealth Management Limited, Axis Capital Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
63 B/C, Government Industrial Estate Charkop, Kandivali West Mumbai 400 067
+91 22 4203 0405
[email protected]Company website ↗Understanding FLAIR IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.