Flair Writing IPO: The initial public offering (IPO) of pen maker Flair Writing ended on November 24 and the allotment status was finalized today (Wednesday, November 29). The investors who applied for the issue can check the IPO status of Flair Writing on the portal of the registrar which is Link Intime India Private Limited.
Investors can find out if and how many shares they have received on the allotment basis. The beginning of the refund will begin on Thursday, November 30, for individuals not given shares. Those allotted will get their shares in their demat accounts on November 30.
Flair Writing IPO listing date has been set as December 1 on stock exchanges BSE, NSE. If you applied for the shares, here’s how you can check Flair Writing IPO’s attractive status:
How to check Flair Writing IPO allotment status at Link Intime India Pvt Ltd:
Once share allotment is announced, bidders will be able to check the Flair IPO allotment status online by logging on to the BSE website or the website of its official registrar — Link Intime Private Limited.
Go to the Link Intime website.
Step 1- Login to the Link In time link
Step 2- Click on ‘Company Selection’ and then select the IPO name.
Step 3- Now, enter your PAN, application number, DP/Customer ID, or account number/IFSC.
Click ‘Search’.
How to check allotment status of Flair Writing IPO on BSE?
Go to the BSE website.
Step 1- Login to the BSE Link
Step 2- Select ‘Equality’ and then from the menu, select the theme name.
Step 3- Enter your application form or PAN card.
Click the “Search” button.
Flair Writing IPO GMP Today
Market observers said that Flair Writing IPO GMP received a strong response from investors and this could be the possible reason for an increase in gray market sentiments regarding the book building issue.
Flair Writing IPO GMP or gray market premium is ₹90 per share. This indicates that Flair Writing’s share price was trading at a premium of ₹90 according to investorgain.com. “Grey market premium” indicates the willingness of investors to pay more than the issue price.
Considering the upper end of the IPO price band and the current premium in the gray market, the estimated list price of Flair Writing is ₹394 a piece, which is 29.61 percent higher than the IPO price of ₹304.
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Updated: 29 Nov 2023, 21:55 IST