Exchanges
BSE, NSE
Issue
Book building

Flair Writing Industries IPO

₹450.90

+48.32% on listing

Listing-day close · NSE · 1 Dec 2023 · issue price ₹304

Flair Writing Industries’ ₹593 crore IPO was priced at ₹304 a share. It listed on the NSE on 1 Dec 2023 and closed its first day at ₹450.90, up 48.32% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹593 Cr
Fresh issue
₹292 Cr
Offer for sale
₹301 Cr
Lot size
49 shares
Minimum investment
₹14,896
Face value
₹5
Registrar
MUFG Intime India

Subscription

Flair Writing Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—34.68×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,204 Cr
P/E (post-issue)
25.7
ROE
31.17%
ROCE
31.24%
Debt to equity
0.26
PAT margin
12.53%
Promoter holding
96.80% → 78.59%

From the offer documents.

Listing

Listing date
1 Dec 2023
Issue price
₹304
Open
₹501.00
High
₹514.40
Low
₹450.90
Close
₹450.90

Listing day on the NSE. The close was +48.32% on the issue price.

FLAIR share price today

FAQs

When did the Flair Writing Industries IPO open and close?

It opened on 22 Nov 2023 and closed on 24 Nov 2023.

What was the Flair Writing Industries IPO price?

The price band was ₹288–304 a share. The final issue price was ₹304.

What is the lot size and minimum investment?

One lot is 49 shares, ₹14,896 at ₹304 a share. Retail investors apply in whole lots.

How much did Flair Writing Industries raise?

₹593 crore: ₹292 crore of new shares and ₹301 crore offered by existing shareholders.

How many times was the Flair Writing Industries IPO subscribed?

34.68 times overall.

How did Flair Writing Industries list?

It listed on the NSE on 1 Dec 2023 at ₹501.00 and closed the day at ₹450.90, up 48.32% on the ₹304 issue price.

Who is the registrar of the Flair Writing Industries IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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