According to market sources, Flair Writing shares are commanding a premium of Rs 86 in the unlisted market. The IPO comprises a fresh issue of Rs 292 crore and an offer for sale (OFS) of Rs 301 crore. The price band of this public issue is fixed at Rs 288-304.
Flair Writing Industries is raising a total of Rs 593 crore via its initial stake sale in the fixed price band of Rs 288-304 per share in the lot size of 49 equity shares