The allotment status of Flair Writing Industries Initial Public Offer (IPO) is expected to be finalized today. The company has also delayed its listing by a day. Earlier, the share was expected to debut on bourses on November 30. However, it has now been changed to December 1.
Subscription Details
The IPO of Flair Writing Industries was subscribed 46.68 times on the last day of subscription on Friday. The IPO received bids for 67,28,33,455 shares against 1,44,13,188 shares on offer, as per NSE data.
Issue Details
Flair Writing’s IPO had 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. The issue had a price band of Rs 288-304 a share.
How to Check Allotment Status
- On LINK INTIME
Visit the official website of LINK INTIME or use this link – https://linkintime.co.in/mipo/ipoallotment.html.
Step 1: Click on any of the 5 available links on the page to view IPO Allotment Status.
Step 2: Select Flair Writing IPO from the drop-down.
Step 3: Provide one of the details – Application No or Demat Account or PAN
Step 4: Provide Application Number.
Step 5: Enter the captcha and click on Submit.
- On BSE
Visit the official website of BSE and click on the ‘Status of Issue Application’ or use this direct link – https://www.bseindia.com/investors/appli_check.aspx.
Step 1: Under the ‘Issue Type’ section, select ‘Equity’.
Step 2: Select ‘Blue Jet Healthcare’ from the dropdown menu.
Step 3: Enter details like application number or PAN number.
Step 4: Click on ‘I am not a Robot’ and submit.
Other Details
- Flair Writing Industries Ltd on Tuesday mopped up Rs 178 crore from anchor investors.
- Proceeds of the fresh issue will be used for setting up a manufacturing facility for writing instruments at Valsad district in Gujarat; funding the company’s capital expenditure and subsidiary Flair Writing Equipments Pvt Ltd (FWEPL).
Tata Group’s IPO Tata Technologies comes after 20 years and Oversubscribed
Disclaimer: This article is just for information purposes. Do research on your own for more clarity
