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Open
22 Nov 2023
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Close
24 Nov 2023
3
Allotment
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Listing
Fri, Dec 1, 2023
Price Band
₹288 to ₹304
Issue Size
1,95,06,578 shares (agg. up to ₹593 Cr)
Lot Size
49 Shares
Listing Date
Fri, Dec 1, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 34.68x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 765.04 | 684.18 | 557.49 | 480.66 |
| Total Income | 248.50 | 954.29 | 587.64 | 310.87 |
| Profit After Tax | 32.14 | 118.10 | 55.15 | 0.99 |
| NET Worth | 470.16 | 437.99 | 319.86 | 264.65 |
| Reserves and Surplus | 423.46 | 391.29 | 296.50 | 241.31 |
| Total Borrowing | 126.67 | 115.59 | 126.33 | 130.31 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new manufacturing facility for writing instruments in District Valsad, Gujarat (“New Valsad Unit”) | 55.99 |
| 2 | Funding capital expenditure of our Company and the Subsidiary, FWEPL | 39.48 |
| 3 | Funding working capital requirements of our Company and the Subsidiaries, FWEPL and FCIPL | 47.00 |
| 4 | Repayment/pre-payment, in part or full, of certain borrowings availed by the Company and our Subsidiaries, FWEPL and FCIPL | 21.00 |
| 5 | General corporate purposes | 10.30 |
About Flair Writing Industries IPO
Updated on Aug 5, 2026
Contact Details
Flair Writing Industries Ltd. Address63 B/C, Government Industrial EstateCharkopKandivali (West)Mumbai, Maharashtra, 400067+91 22 4203 0405investors@flairpens.comVisit Website