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Flair Writing Industries Limited IPO Message Board (Page 7)

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392. Bullish |   Link |  Bookmark | December 1, 2023 7:29:28 AM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
Jese hi 9 bajege tab jisko ipo allot hua he unke sab k account me share dikhne lagege so don't worry
391. RAJ ARYA |   Link |  Bookmark | December 1, 2023 6:04:34 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Morning update ll

GMP 162 🚀

🔥🔥🔥🔥
390. Bahubali IPO |   Link |  Bookmark | November 30, 2023 9:50:40 PM
If I want to apply in upi for 2Lacs in 3 to 4 ipos.

But limit is 5Lacs. Can I do it 2 application today and 2 application tommorow. So total 8lacs thru upi possible?
390.1. Monster Zero |   Link |  Bookmark | November 30, 2023 10:17:35 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Upi limit per ipo is 5 lacs...
390.2. Basuvr |   Link |  Bookmark | December 1, 2023 12:52:12 AM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
@Bahubali IPO Yes you can do 2 application today and 2 application after 24 hrs. 5 lacs UPI limit is on daily basis i.e. for 24 hours
389. RAJ ARYA |   Link |  Bookmark | December 1, 2023 12:04:21 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Flair ke share groww me show ho rahe kya kisike please reply ll
389.11. Puneet Chopra |   Link |  Bookmark | December 1, 2023 7:46:40 AM
Ab show ho Rahe hain groww me... check
389.12. Indra the tiger |   Link |  Bookmark | December 1, 2023 7:46:42 AM
@RAJ ARYA Ab credit ho gye bhai groww app me check kro
388. 🔥 IPO CALLING 🔥 |   Link |  Bookmark | November 30, 2023 11:23:47 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
As per my calculations kal bada mal uthanewala ayega koi no koi to
387. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | November 30, 2023 10:50:02 PM
9555:-/ FINAL NAFA NEWS .

TIP:- SELL YOUR ALLOTMENT IN PRE OPENING...
387.36. tri.vis |   Link |  Bookmark | December 1, 2023 6:11:45 PM (200+ Posts)
Reminds me of Chalak.
😁
387.37. Trueinfo |   Link |  Bookmark | December 2, 2023 5:38:29 AM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
The prediction is like " Exam Paper leak hua". Great naffa news. 👑⛑👒🎩👑⛑👒🎩 off.
386. FARHAN |   Link |  Bookmark | November 30, 2023 9:04:43 PM (200+ Posts)
Anyone selling IPOs from minor accounts?
Prostocks requires guardians demat account first

Where to open minors demat account now?

Please guide
386.5. nileshkp |   Link |  Bookmark | November 30, 2023 11:06:14 PM
Yes i am doing buy and selling in minor account pro stock.
386.6. Ipoholder |   Link |  Bookmark | December 1, 2023 5:33:48 AM
Smc global security provide this facility to me so I am recommend to you visit Smc global
385. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | November 30, 2023 10:15:23 PM
Final verdict.. #flair

Full on demand he market me last 155 sure shoot premium operator are buying like anything 85 to 155 it's supperb a strong listing expected i still believe opening khatarnak ho hi but i must tell pre opening me mal bech dena that's the tip .....
385.2. Django |   Link |  Bookmark | November 30, 2023 10:43:59 PM
Hi
I am planning to do intraday
Buying in pre market and sell at market open
Is it safe??
What price should i enter at?
385.3. Sandeep Kumar sethi |   Link |  Bookmark | December 1, 2023 6:38:17 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Can I hold for 2-3 days for share price settled
384. 🔥 IPO CALLING 🔥 |   Link |  Bookmark | November 30, 2023 10:24:58 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
LISTING Of FLAIR WRITING INDUSTRIES Is Happening Tomorrow & It's Definitely Going To Be A Wonderful One For Sure. The Listing Zones Can Be Of 440 - 460. IPO Allottees Can Hold Their Shares Or Can Book Partial Profits As Per Their Need. Fresh Buy On Listing Can Be Definitely Made Here With Short To Mid Term Investment Perspective & Yes, In Long Term It Will Surely Give Multibagger Returns.

Coming To Their Business Model, Flair is engaged in developing and manufacturing writing
instruments that are tailored to today's continuously shifting market
and has established business relationships with some of the leading
pioneers in the writing industry. The company owns several brands
including FLAIR, HAUSER, PIERRE CARDIN, FLAIR CREATIVE,
FLAIR HOUSEWARE, and the ZOOX. Flair Writing Industries Limited is among the top
three players in the overall writing and creative
instruments. FLAIR WRITING INDUSTRIES LIMITED has established significant
improvements in margins and demonstrated a history
of reliable and solid financial success. The IPO is coming at a very attractive valuation, Company Has Shown Highly Impressive Top Line & Bottom Line Growth.

Here I'm Quickly Pointing Out Some Of The Positives That I Liked Most About This Company:

-> Flair had the largest distributor/dealer network and wholesale/retailer network, in the writing
instruments segment in India, comprising approximately 7,700 distributors/dealers and approximately
315,000 wholesalers/retailers
-> Diversified range of products across various price points catering to a wide spectrum of consumers.
-> The company is among the top three players in the overall writing instruments industry with a revenue
of ₹9,155.5 million in Financial Year 2023 and occupies a market share of approximately 9% in the
overall writing and creative instruments industry in India.
-> Historical track-record of strong financial performance with industry-leading profitability.
-> Ability to partner with international brands in the writing instruments industry and one of the largest
exporters of writing and creative instruments in India.
-> Company Has Recently Entered In STEEL BOTTLE BUSINESS Which Has Low Cost Making, Higher Margins & Continuous Growing Demand.

The Promoters Of The Company Are Highly Educated, Extremely Experienced & Very Hardworking. There's An Intersting Fact About The Promoters That The Main Promoters Of The Company Are Cousin Brothers Of Recently Listed Company CELLO WORLD.

Major Peers Of The Company Is LINC Pens & Kokuyo Camlin Which Is Currently Available At Extremely Higher Valuations Compared To FLAIR WRITING INDUSTRIES LIMITED.

However There Are Some Couple Of Negatives Too About The Company, That I'm Highlighting Here:
-> Competition from unorganized and organized players in the Indian writing and creative instruments
industry could have a material adverse effect on business.
-> Business is dependent on the import of raw materials, and any delay, interruption, or reduction in
the supply of raw materials from suppliers may have an adverse effect on business.

So Overall, FLAIR WRITING INDUSTRIES LIMITED Is Surely A Gem Stock 💎 In Coming Times. Investors Can Initiate Fresh Buy On Listing With Targets Of 580/600 In Short To Mid Term & In Long Term The Targets Can Be 850/880.

Wishing All The Very Best To The Allottees & Investors Of FLAIR WRITING INDUSTRIES LIMITED 😊
383. ashish.jain |   Link |  Bookmark | November 30, 2023 10:18:42 PM
TOI article Explained: What Is Grey Market Premium And How Shares Trade In The Grey Market.

382. Krshnna |   Link |  Bookmark | November 30, 2023 10:12:59 PM
Same here bhim UPI is still blocked
381. Krshnna |   Link |  Bookmark | November 30, 2023 9:26:06 PM
Kis kis ka amount abhi bhi block hai ?
381.1. Innocent IPO Investor |   Link |  Bookmark | November 30, 2023 9:49:55 PM
bhai Mera bhi hai hdfc bank through bhim UPI. still blocked
380. Innocent IPO Investor |   Link |  Bookmark | November 30, 2023 9:48:53 PM
Very bad luck this time in all four ipos I got 0/2 ireda
0/3 tata tech
0/2 gandhar
0/2 flair
Hope for the next ipos..congrats to allottees and enjoying profit
379. RAJ ARYA |   Link |  Bookmark | November 30, 2023 9:40:12 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
GMP 154 🚀

🔥🔥🔥🔥
378. JAI MATA DI |   Link |  Bookmark | November 30, 2023 9:35:07 PM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
Flair premium confirm tradable.
152--157.
377. Arjun Rajkot |   Link |  Bookmark | November 30, 2023 9:14:40 PM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
GMP RAJKOT FLAIR 150
376. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | November 30, 2023 3:27:24 PM
166 buyer💣🔥🔥🔥...

Bomb k tarah fat raha he bhai yeah to....
376.5. newgen consultancy |   Link |  Bookmark | November 30, 2023 9:12:16 PM
IPO Guru IPO Guru (3300+ Posts, 5900+ Likes)
No offense but the premium is wrong
It hasn't crossed 150-152

Current GMP : 146-148/9
376.6. Sandeep Kumar sethi |   Link |  Bookmark | December 1, 2023 8:51:08 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
sir, you are operator
375. newgen consultancy |   Link |  Bookmark | November 30, 2023 7:07:57 PM
IPO Guru IPO Guru (3300+ Posts, 5900+ Likes)
LISTING STRATEGY

It should Ideally list at 38-42% premium i.e
At Around 425-430 ( I am also expecting some surprise on negative side , Hope so it doesn't happen , The pattern this IPO has made is quite uncomfortable for me )

Surely One more Good Listing

1.If lists Below 380 , Fresh Buy Surely Recommended and allotees can book 30%

2.If lists as per expectations of around 430
Book 50-70% as per your risk appetite and no Recommendation for Fresh buy

3.If it continues trend of Listing above expectations like 480+ , Book Maximum and no Fresh buying Recommended

Valuation Rationale :
FY 23 PAT : 118.1 cr
FY 24 PAT Fe : 142 cr

M.cap post listing considering listing of 430 :
4530 cr
PE FY 23 : 38.4
PE FY 24 Fe : 31.9

For me it's 38 PE based on expected Future Earnings
So Fair Value per share : 515

Disclaimer : I am Not allotted
But if I was allotted 515 would be my final target price

Understand one point , everyone here would think that cello is trading at 48 times FY 24
But Cello is a diversified business with higher size.
It is also possible that Flair could rally till 550-570 for valuation catch up but I am not interested in that
But Yes if lists Like seen in Tata Tech , Can accept and book your profits .

Latest premiums : 141-144
Listing could be below GMP and some negative surprises awaiting tomorrow

And I would personally suggest that non allotees don't enter the stock and allotted book your Profits and accept them as Prasad given by God.

Plz. Don't be Greedy tomorrow
375.1. Prashant Kumaar |   Link |  Bookmark | November 30, 2023 8:24:49 PM
Sorry to sideline sir, please your ideas for DCW
375.2. newgen consultancy |   Link |  Bookmark | November 30, 2023 9:09:38 PM
IPO Guru IPO Guru (3300+ Posts, 5900+ Likes)
As per my Sources Listing will be strong but I still feel operator is going to play big game here , like Listing below expectations then selling pressure and then sudden demand

If it comes below 400 or even till 420 surely grab Flair
374. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark | November 30, 2023 9:03:21 PM
I wish n hope that the allottees will get good profit. God blesses you all with all the best.
373. ManishSharmaIPO |   Link |  Bookmark | November 30, 2023 8:39:07 PM
Off topic - Any suggestion on Thomas cook OFS. Apply or not
373.1. Sandeep Kumar sethi |   Link |  Bookmark | November 30, 2023 8:52:26 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Thomas Cook is recommended by one FM to me before 3 month for 2-3 year views