Flair Writing Industries IPO | The stock is priced at 24.9x Q1FY24 P/E (on diluted & annualized basis) which is discount to its peers, and quoting a market capitalisation of Rs 3,200 crore at the upper price band.
Flair Writing Industries IPO | Citing the grey market price and the above reasons, Rajan Shinde, research analyst at Mehta Equities believes the healthy listing is justified
Flair Writing Industries IPO | The company in consultation with the National Stock Exchange is expected to finalise the basis of allotment of IPO shares by November 28. This is tentative date and may change.