Issue Open Date
|
22-Nov-23
|
Issue Closing Date
|
24-Nov-23
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Application Money
|
100
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Allotment Money
|
|
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Price Band (Rs.)
|
288-304
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Minimum Bid Quantity.
|
49
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Issue Size (Shares)
|
14413188
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Market Lot
|
1
|
|
|
Objective :
|
1. setting up a new manufacturing facility for writing instruments in District Valsad, Gujarat (“New Valsad Unit”).2. funding capital expenditure of our Company and our Subsidiary, FWEPL.3. funding working capital requirements of our Company and our Subsidiaries, FWEPL and FCIPL.4. repayment/pre-payment, in part or full, of certain borrowings availed by our Company and our Subsidiaries, FWEPL and FCIPL.5. general corporate purposes (collectively, the “Objects”).
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|
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
|
Bid For
|
|
Non-Institutional Investors
|
3088541
|
103069736
|
33.37
|
Qualified Institutional Buyers
|
4118052
|
476036813
|
115.6
|
Retail Individual Investors
|
4118052
|
476036813
|
115.6
|
|
|
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Business Description
|
|
Promoter's Holding
|
Total Share Capital
|
92730907
|
Offered to Public
|
19506578
|
Promoter's Holding (Pre-Issue)
|
96.8
|
Promoter's Holding (Post-Issue)
|
78.59
|
|
|
|
|
|
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Address
|
Flair House Plot No. A/64 Cross Road – A Marol Ind. Area Midc Andheri (East)
Mumbai
,
Maharashtra
,
400093
Phone :
022-42030405
Email :
cs@flairpens.com
Website :
www.flairworld.in
|
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Registrar
|
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
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Listed at
|
BSE, NSE
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Lead Manager
|
Axis Capital Ltd. Nuvama Wealth Management Ltd.
|
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Promoters
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Khubilal Jugraj Rathod Mohit Khubilal Rathod Rajesh Khubilal Rathod Sumit Rathod Vimalchand Jugraj Rathod
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|