Flair Writing Industries Ltd has announced public offering of 19506579 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 299.00 per share. The gross proceeds of the issue are expected to be Rs 59,300.00 lakhs.

The company's initial public offer (IPO) will open on 22 November 2023 and is expected to close on 24 November 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 288.00-304.00 per share.

The IPO includes a fresh Issue of 19506579 Equity Shares of the Company at an price of Rs 304.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 49 shares with bids in multiples of 49.

Flair Writing Industries Ltd anticipates using the proceeds of the issue for .

Axis Capital Ltd.,Nuvama Wealth Management Ltd. as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.