Flair Writing Industries Limited IPO open on Nov 22, sets price band at ₹288-304

Hello friends in this article we are going to talk about the Flair IPO price. Flair Writing Industries Limited is a very good company and it was founded in 1986. This company’s IPO cost band is set in the range of ₹288 to ₹304 each equity share of face value of ₹5. Since the news came on the internet it has gone viral on many social media platforms. Now lots of people are super curious to know about the whole information. Here we have more information about the news and we will share it with you in this article.

Flair Writing Industries Limited IPO

Flair Writing Industries Limited IPO

Flair Writing Industries Limited’s IPO subscription date is planned for Wednesday, 22 November 2023, and will end on 24 November 2023, Friday. The funding to commentator investor for Flair Writing Industries Limited IPO is scheduled to happen on Tuesday, 21 November 2023. The floor expense is 57.60 times the face worth of the equity shares and the cap cost is 60.80 times the face value of the equity shares. Currently, this news has been gathering huge attention from the people as they want to know full information about it. Scroll down to the next page for more information about the news.

As per the report, the worth-to-income ratio based on diluted EPS for the financial year 2023 for the firm at the higher end of the price band is 22.75 times. Flair’s IPO lot size is 49 equity shares and in several multiples of 49 equity shares thereafter. Flair Writing IPO basis of allotment of shares will be finalized on Thursday, 30 November and the firm will initiate refunds on Friday, 1 December, while the shares will be made to the demat account of allottees on Monday, 4 December. You are on the right page for more information about the news so please read the complete article.

Also Read:  Stocks to Watch OUT: Tata Power, Barbeque Nation, Cipla, Oberoi Realty, Dixon Tech

Flair Writing IPO details

Flair Writing IPO includes a fresh issue of shares of up to ₹292 crore and an offer for sale (OFS) of equity shares with a face value of ₹2 each by a supporter and others aggregating up to ₹301 crore. Flair Writing IPO size is ₹593 crore. Flair Writing Industries Limited IPO GMP or grey market premium is ₹0, which indicates shares have been trading at their issue cost ₹304 with no premium or discount in the grey market as per the Investorgai. Here we have shared all the information that we had if we get any information then we will update you soon. Stay tuned to us for more updates.

mark
Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.