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Flair Writing Industries Limited IPO

Flair Writing Industries Limited IPO was engaged in the Writing Instruments industry, they are crushing it as one of the top two well-organized players in the writing tools scene. Their revenue growth is like a rocket, zooming past the industry average for writing and creative instruments. They have got a bunch of cool stuff at different prices for all kinds of people—students, pros, and offices alike. From pens and stationery to calculators, they make and send out all sorts of writing tools. They are not just stopping there. With their awesome manufacturing skills and the friends, They have made in the writing world, They are also making home goods and steel bottles now. Their product range includes a variety of pens (ball pens, gel pens, roller pens, and metal pens).

Company Promoters:

·      Mr. Khubilal Jugraj Rathod
·      Mr. Vimalchand Jugraj Rathod
·      Mr. Rajesh Khubilal Rathod
·      Mr. Mohit Khubilal Rathod
·      Mr. Sumit Rathod

Objects of this Issue:

·       Setting up a new manufacturing facility for writing instruments in District Valsad, Gujarat.
·       Funding capital expenditure of their Company and their Subsidiary, FWEPL.
·       Funding working capital requirements of their Company and their Subsidiaries.
·       Repayment/pre-payment, in part or full of certain borrowings availed by their Company and their Subsidiaries, FWEPL
·       General corporate purposes.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	6,841.83	5,574.93	4,806.64
Total Liabilities	2,489.54	2,405.14	2,190.62
Net Profit	60.60	23.87	17.23

Flair Writing Industries Limited IPO Schedule

1.     Bid or Offer Opens on: 22 November 2023
2.     Bid or Offer Closes on: 24 November 2023
3.     Finalization of BoA: 30 November 2023
4.     Initiation of Refunds: 01 December 2023
5.     Credit of share to Demat account: 04 December 2023
6.     Listing Date: 05 December 2023

Flair Writing Industries Limited IPO Lot Size

Market lot size of the FLAIR WRITING INDUSTRIES LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application		Lots	Shares	Amount
Retail	Minimum	1	49	₹14,896
	Maximum	13	637	₹193,648
S-HNI	Minimum	14	686	₹208,544
S-HNI	Maximum	67	3,283	₹998,032
B-HNI	Minimum	68	3,332	₹1,012,928

Company Contact Details:

Flair Writing Industries Limited IPO

63 B/C, Government Industrial Estate

Charkop, Kandivali West

Mumbai 400 067

Maharashtra, India

Phone:   +91 22 4203 0405  

Email: investors@flairpens.com

Website: www.flairworld.in

Flair Writing Industries Limited IPO Registrar Details:

Link Intime India Private Limited

C 101, 1stFloor, 247 Park, L.B.S. Marg, Vikhroli West,

Mumbai 400 083, Maharashtra, India

Phone: +91 81 0811 4949
Email:  indianrenergy@linkintime.co.in

Website: www.linkintime.co.in