November 20, 2023: Flair Writing Industries Limited (the “Company”), shall open its initial public offering of Equity Shares on Wednesday, November 22, 2023. The Company plans to raise funds through Equity Shares of face value ₹ 5 each aggregating u
Under the issue, the pen and writing instruments maker will issue fresh equity shares worth up to Rs 292 crore while an offer for sale (OFS) where equity shares worth Rs 301 crore will be offloaded by the existing shareholders.
Nuvama Wealth Management: Under the issue, the pen and writing instruments maker will issue fresh equity shares worth up to Rs 292 crore while an offer for sale (OFS) where equity shares worth Rs 301 crore will be offloaded by the existing shareholders.
Flair Writing Industries Ipo: Flair Writing is among the top three players in the overall writing instruments industry with a revenue of Rs 915 crore in FY23. According to Crisil s report, the company is the largest player in the pens segment reporting a revenue of Rs 754 crore in fiscal 2023 from the pens writing instruments segment in India.