Flair Writing IPO allotment – How to check allotment, GMP, listing date and more
Nov 29, 2023, 09:42 IST
- Flair Writing is expected to announce its share allotment status on Wednesday, November 29.
- The shares of Flair Writing were subscribed 46.68 times.
- The shares are expected to be listed on the stock exchanges on November 30.
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Mumbai-based Flair Writing, a stationery maker which manufactures and sells Flair brand of pens is expected to announce the allotment status of its initial public offering (IPO) on Wednesday, November 29.The Flair Writing IPO opened on November 22 and closed on November 24. The price band for the IPO was ₹288 to ₹304 per share.
Robust subscription
On the last day, the Flair Writing IPO was subscribed 46.68 times, receiving bids for 67.28 crore equity shares against 1.44 crore shares on offer.
While the qualified institutional buyer portion was subscribed 115.60 times, the non-institutional investors portion was subscribed 33.37 times. The retail portion also witnessed good participation and was subscribed 13.01 times.
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Grey market premium
The shares of Flair Writing are currently commanding a grey market premium (GMP) of ₹80 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.
Here’s how to check the IPO’s allotment status
You can check the allotment status on the registrar’s website.
- To check the Flair Writing IPO allotment status, visit the registrar’s website here.
- Click on ‘Select Company’ and then select ‘Flair Writing’.
- Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
- Now, enter the captcha.
- Click on submit.
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You can also check the Flair Writing IPO allotment status on the BSE and NSE websites.To check the allotment status on BSE or NSE website:
- Go to the BSE website.
- On the website, click on 'Equity' and then select ‘Flair Writing’ from the dropdown menu.
- Now, enter your application number and PAN.
- Click on 'Search'.
You can click here and log in to check your allotment status on NSE.
Flair Writing IPO listing date
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The shares of Flair Writing will be listed on the stock exchanges on November 30.SEE ALSO:
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