Flair Writing IPO Allotment Alert: Know How To Check Allotment Status, Listing Date And What The GMP Suggests

Mumbai-based Flair Writing Industries is likely to announce its share allotment status today (November 29). The initial public offering (IPO) of Flair Writing Industries which opened for subscription from November 22 to November 24 was subscribed over 46 times.

After the bidding process for Flair Writing IPO was over, investors who participated in the offer have been keenly awaiting to know the status of Flair writing IPO allotment. However, now this wait is over as individuals who applied for the issue can check the Flair writing IPO allotment status online in the registrar's portal - the website of Link Intime Private Limited, or by logging in at the BSE website.

The price band for the IPO of Flair Writing was fixed at Rs 288 to Rs 304 per share.

Once the company announces share allocation, bidders can check Flair IPO allotment status online by either logging in at the BSE website or the website of its official registrar - Link Intime Private Limited.

How to check Flair Writing IPO allotment status on Link Intime Private Limited?

Go to the website of Link Intime.

Step 1- Login to the Link In time link - https://linkintime.co.in/mipo/ipoallotment.html

Step 2- Click on 'Company Selection' and then choose the IPO name.

Step 3- Submit details including PAN, application number, DP / Client ID, or account number / IFSC.

Enter the captcha.

Click on submit.

Checking the allotment status on BSE website:

• Visit the BSE website.
• Click on 'Equity' and then select 'Flair Writing' from the dropdown menu.
• Enter your application number and PAN.
• Click on 'Search'.

About Flair Writing IPO

The Rs 593-crore public issue received a robust response from investors where Qualified institutional buyers subscribed 115.6 times the portion allotted for them, while high net-worth individuals bought 33.37 times the allotted quota and retail investors 13.01 times.

The tentative date for the listing of Flair Writing Industries shares is Friday, December 1.

Flair Writing IPO GMP:

Flair Writing shares commanded a grey market premium (GMP) of Rs 80 per share on Wednesday. Now assuming the GMP remains the same and considering the upper end of the IPO price band, Flair Writing IPO share price is estimated to be listed at Rs 384 apiece, up 26.32% compared to the IPO price of Rs 304.