Flair Writing Industries Limited IPO to open for subscription on November 22, sets price band at ₹288-304 apiece
₹288 to ₹304 per equity share of face value of ₹5. Flair Writing IPO date of subscription is scheduled for Wednesday, November 22, and will close on Friday, November 24.
The allocation to anchor investors for Flair Writing Industries Limited IPO is scheduled to take place on Tuesday, November 21. Also Read: Gandhar Oil IPO opens on November 22, price band set at ₹160-169 per share The floor price is 57.60 times the face value of the equity shares and the cap price is 60.80 times the face value of the equity shares.
The price to earnings ratio based on diluted EPS for financial year 2023 for the company at the higher end of the price band is as high as 24.01 times and the lower end of the price band is 22.75 times. Flair IPO lot size is 49 equity shares and in multiples of 49 equity shares thereafter.
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