Flair Writing Industries IPO Subscription Details

Bookbuilding IPO | ₹593 Cr | Listed at BSE, NSE | Wed, Nov 22, 2023 - Fri, Nov 24, 2023

Basis of Allotment - Flair Writing Industries IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)39,01,31658,51,97297,53,2889,75,32919,50,65829,25,98768,27,3031,95,06,578
Allotment price (Rs.)304304304304304304304304
No.of applications942311743,96620,45564,42115,27,67015,92,208
No.of shares applied47,50,58,43059,61,38948,10,19,8193,22,62,8747,18,49,77810,41,12,6529,12,63,82367,63,96,294
Amount collected (Rs.cr.)14,441.78 181.23 14,623.00 980.79 2,184.23 3,165.02 2,774.42 20,562.45
No.of times subscribed121.771.0249.3233.0836.8335.5813.3734.68
No.of shares allotted39,01,31658,51,97297,53,2889,75,32919,50,65829,25,98768,27,3031,95,06,578
Amount (Rs.cr.)118.60 177.90 296.50 29.65 59.30 88.95 207.55 593.00
No.of allottees94231171,4212,8434,2641,39,3321,43,713

IPO Shares Offered

Flair Writing Industries IPO is a public issue of 1.95 Cr equity shares. The issue offers 0.68 Cr shares to retail investors, 0.98 Cr shares to qualified institutional buyers, and 0.29 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 97,53,288296.50 50.00%
    Anchor 58,51,972 177.90 30.00%
    QIB (Ex Anchor) 39,01,316 118.60 20.00%
NII 29,25,98788.95 15.00%
    bNII (> ₹10L)19,50,65859.30 10.00%
    sNII (< ₹10L)9,75,32929.65 5.00%
Retail68,27,303207.55 35.00%
Total1,95,06,578593.00 100%

Flair Writing Industries IPO Anchor Investor Allocation

A total of 58,51,972 shares at a price of Rs 304 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 21, 2023
Anchor investor price₹304.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days29,25,986
No. of shares locked-in for 90 days29,25,986
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SBI CONSUMPTION OPPORTUNITIES FUND SBI MUTUAL FUND 9,27,962 28.21 15.86 4.76
2 SBI LONG TERM ADVANTAGE FUND-SERIES VI SBI MUTUAL FUND 1,64,493 5.00 2.81 0.84
3 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 32,879 1.00 0.56 0.17
4 HDFC NON-CYCLICAL CONSUMER FUND HDFC MUTUAL FUND 3,28,986 10.00 5.62 1.69
5 KOTAK MANUFACTURE IN INDIA FUND KOTAK MAHINDRA MUTUAL FUND 1,64,493 5.00 2.81 0.84
6 KOTAK CONSUMPTION FUND KOTAK MAHINDRA MUTUAL FUND 1,64,493 5.00 2.81 0.84
7 ADITYA BIRLA SUN LIFE RETIREMENT FUND-THE 30S PLAN ADITYA BIRLA SUN LIFE MUTUAL FUND 1,30,487 3.97 2.23 0.67
8 ADITYA BIRLA SUN LIFE RETIREMENT FUND-THE 40S PLAN ADITYA BIRLA SUN LIFE MUTUAL FUND 31,311 0.95 0.54 0.16
9 ADITYA BIRLA SUN LIFE RETIREMENT FUND-THE 50S PLAN ADITYA BIRLA SUN LIFE MUTUAL FUND 2,646 0.08 0.05 0.01
10 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,64,542 5.00 2.81 0.84
11 TATA ELSS FUND TATA MUTUAL FUND 1,48,029 4.50 2.53 0.76
12 TATA INDIA CONSUMER FUND TATA MUTUAL FUND 98,686 3.00 1.69 0.51
13 TATA DIVIDEND YIELD FUND TATA MUTUAL FUND 82,271 2.50 1.41 0.42
14 MIRAE ASSET MULTICAP FUND MIRAE ASSET MUTUAL FUND 3,28,986 10.00 5.62 1.69
15 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK EMERGING MARKETS EQUITY FUND ASHOKA WHITEOAK 3,28,986 10.00 5.62 1.69
16 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 3,28,986 10.00 5.62 1.69
17 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 3,28,986 10.00 5.62 1.69
18 THELEME INDIA MASTER FUND LTD. THELEME 3,28,986 10.00 5.62 1.69
19 NATIXIS INTERNATIONAL FUNDS (LUX) I-LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND NATIXIS 3,28,986 10.00 5.62 1.69
20 TROO CAPITAL LTD. TROO CAPITAL 3,28,986 10.00 5.62 1.69
21 WINRO COMMERCIAL (INDIA) LTD. WINRO COMMERCIAL 5,59,237 17.00 9.56 2.87
22 QUANTUM-STATE INVESTMENT FUND QUANTUM-STATE 3,28,986 10.00 5.62 1.69
23 CARNELIAN STRUCTURAL SHIFT FUND CARNELIAN 2,19,569 6.67 3.75 1.13
58,51,972177.9010030.00

IPO Subscription FAQs

The Flair Writing Industries IPO is subscribed 49.28 times by Nov 24, 2023 19:02.

Flair Writing Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional122.02
Non Institutional35.23
Retail Individual13.73
Total Subscription49.28

Retail category of Flair Writing Industries IPO subscribed 13.73 times as of date Nov 24, 2023 19:02. The public issue closes on Fri, Nov 24, 2023 for bidding.

An investor can apply in Flair Writing Industries IPO online via bank (using ASBA) or the broker (using UPI). The Flair Writing Industries IPO shares are offered online only.

The Flair Writing Industries IPO is subscribed 49.28 times by Nov 24, 2023 19:02.

The Flair Writing Industries IPO allotment status is expected on or around Wednesday, November 29, 2023. Visit Flair Writing Industries IPO allotment status to check.

The Flair Writing Industries IPO listing date is December 1, 2023. The equity share of Flair Writing Industries IPO will list on BSE, NSE.

Visit Flair Writing Industries IPO subscription status page for real-time bidding information about Flair Writing Industries IPO.

Flair Writing Industries IPO Timetable

IPO opens OnWednesday, November 22, 2023
IPO Closes OnFriday, November 24, 2023
Finalisation of Basis of AllotmentWednesday, November 29, 2023
Initiation of RefundsThursday, November 30, 2023
Credit of Shares to Demat AccountThursday, November 30, 2023
IPO Listing DateFriday, December 1, 2023
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