Flair Writing Industries shares list at 65% premium over IPO price
Post listing, Flair Writing Industries shares rose 69% to ₹514 on the BSE, while the market capitalisation climbed to ₹4,780 crore.
Post listing, Flair Writing Industries shares rose 69% to ₹514 on the BSE, while the market capitalisation climbed to ₹4,780 crore.
Flair Writing Industries plans to raise ₹745 crore via IPO route, while Muthoot Microfin aims to garner around ₹1,350 crore.
The pen maker proposes using IPO capital to set up a new manufacturing facility for writing instruments in Valsad (Gujarat) and repaying loans.