IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.
Flair Writing Industries Ltd was established in 1976 and is among the top three players in the writing instruments industry. It enjoys a market share of around 9% in the overall writing and creative instruments industry in India as of March 2023. The company grew at a CAGR of 14% against 5.5% of the industry it operates in between FY2017 to FY2023. Flair manufactures and distributes different types of writing instruments such as pens, stationery products and calculators for a range of clients which includes students, professionals, as well as corporate offices.Â
Open Date
22 Nov 2023
24 Nov 2023
49 shares
₹ 593 Cr
Lot Size
IPO Size
Listing At
BSE NSE
Listing Date
Price Range
₹ 288 to ₹ 304
Close Date
Allotment Date
30 Nov 2023
05 Dec 2023
Date
GMP
18-Nov-23
₹ 67
19-Nov-23
₹ 67
20-Nov-23
₹ 60
21-Nov-23
₹ 60
22-Nov-23
₹ 71
23-Nov-23
₹ 82
24-Nov-23
₹ 80
25-Nov-23
₹ 84
26-Nov-23
₹ 84
27-Nov-23
₹ 85
28-Nov-23
₹ 83
29-Nov-23
₹ 90
30-Nov-23
₹ 136
01-Dec-23
₹ 150
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