Flair Writing Share Price Live Updates: Flair shares makes stellar debut, stock lists with 65% premium at ₹501 on NSE

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₹288 to ₹304 per equity share with a face value of ₹5. Flair IPO lot size was 49 equity shares, and in multiples of 49 equity shares thereafter.Flair Writing IPO comprised a fresh issue of shares of up to ₹292 crore and an offer for sale (OFS) of equity shares with a face value of ₹2 each by a promoter and others aggregating up to ₹301 crore.

Flair Writing IPO size is ₹593 crore.Flair Writing share price makes a strong debut on the bourses today. On NSE, Flair Writing share price today listed at ₹501 per share, 64.8% higher than the issue price of ₹304, and on the BSE, Flair Writing shares listed at ₹503 apiece.Flair Writing IPO consists of a fresh issue of shares of up to ₹292 crore and an offer for sale (OFS) of equity shares with a face value of ₹2 each by a promoter and others aggregating up to ₹301 crore.

Flair Writing IPO size is ₹593 crore.The company would utilise the net proceeds to establish the new Valsad Unit in Gujarat's District Valsad; fund working capital needs for the company and its subsidiaries, Flair Writing Equipments Private Limited (FWEPL); finance capital expenditures for the company and its subsidiaries, FWEPL and Flair Cyrosil Industries Private Limited (FCIPL); fund the repayment or prepayment, in full or in part, of certain borrowings taken out by the company and its subsidiaries, FWEPL and FCIPL; and serve general corporate purposes.The company's promoters are Rajesh Khubilal Rathod, Mohit Khubilal Rathod, Sumit Rathod, Vimalchand Jugraj Rathod, and Khubilal Jugraj Rathod.Flair Writing IPO subscription status was 46.68 times on day 3. Flair IPO's retail investors portion was subscribed to 13.01 times, the NII portion was subscribed to 33.37 times, and the Qualified Institutional Buyers (QIB)