Flair Writing Industries has postponed its stock listing by a day. Shares of Flair Writing will now debut at the stock exchanges on Friday, December 1. It was scheduled to get listed on Thursday, November 30, with others including Tata Technologies, Gandhar Oil Refinery India and Fedbank Financial Services - allotment of only Tata Technologies seems to have been declared so far, Gandhar Oil and Fedbank are still pending.
The Flair Writing Industries IPO got a lot of attention on its last day, being subscribed a whopping 46.68 times. Institutional investors subscribed 115.60 times, non-institutional investors subscribed 33.37 times, and retail investors subscribed 13.01 times. This comes after it was subscribed 2.17 times on Day 1 and 6.12 times on Day 2.
The IPO is worth Rs 593.00 crores and includes a fresh issue of 0.96 crore shares and a sale of 0.99 crore shares. The share price was between Rs 288 to Rs 304. For more details, check the Flair Writing IPO RHP.
Flair Writing IPO Allotment Date
The allotment of shares for Flair Writing Industries Limited has been delayed and now is expected to be finalised on Wedneday, November 29.
*This is a tentative date and is subject to change.
Flair Writing IPO Listing Date
Shares of Flair Writing Industries Limited are now set to list on the stock exchanges (BSE & NSE) on Friday, December 1.
*This is a tentative date and in subject to change
How to check Flair Writing IPO allotment status on Link Intime Pvt Ltd.?
Visit the Link Intime website: https://linkintime.co.in/IPO/public-issues.html
Select "Flair Writing Industries Limited" from the drop-down list on the Public issues page. (IPO will be listed once allotment is finalised)
Enter your PAN number, application number, or DP Client ID.
Click on the "SUBMIT" button.
Download or print the allotment status for your records.
How to check Flair Writing IPO allotment status on BSE website?
Go to the official BSE website: https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as 'Equity.'
Choose "Flair Writing Industries Limited" from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the 'Captcha' for verification.
Click on the "Search" button to view your allotment status.
Download or print the allotment status for your records.
Flair Writing IPO Timeline (Tentative Schedule)
IPO Open Date: Wednesday, November 22
IPO Close Date: Friday, November 24
Basis of Allotment: Wednesday, November 29
Initiation of Refunds: Thursday, November 30
Credit of Shares to Demat: Thursday, November 30
Listing Date: Friday, December 1
Flair Writing IPO Issue Details
Total issue size: Rs 3,042.51 Crore
Face value: Rs 2 per share
Offer for sale size: Rs 3,042.51 Crore
Shares for offer for sale: 60,850,278 shares
Price band: Rs 475 to Rs 500 per share
Lot size: 30 Shares