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Flair Writing Industries IPO | Anchor investors buy shares worth Rs 178 crore ahead of issue opening

Flair Writing garners Rs 178 crore from anchor investors

flair writing ipo: Flair Writing garners Rs 178 crore from anchor investors

Those that participated in the anchor book include SBI Mutual Fund (MF), Aditya Birla Sun Life MF, Tata MF, ICICI Prudential Life Insurance Company, SBI Life Insurance Company, Troo Capital and Winro Commercial (India) Ltd. Flair Writing s IPO comprises a fresh issue of equity shares aggregating up to Rs 292 crore and an offer-for-sale (OFS) of equity shares worth up to Rs 301 crore by promoters and promoter group entities.

Trade setup for Monday: 15 things to know before opening bell

Momentum indicators suggest that the Nifty will consolidate in the near term. The Nifty will have to hold the crucial support of 19,600-19,450. If it manages to go past 19,850 decisively, it can even cross the 20,000 mark, experts say

India bucks Asian market trend with higher valuation for life insurers: McKinsey

India bucks Asian market trend with higher valuation for life insurers: McKinsey
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