@RAJ ARYA Bhai kya fayda aisa top contributor banane ka jo apko ye bhi pata ni ki share any how 9 am se pahle dekar ac me credit ho jate hai. Kal rat se bar bar yahi msg kiye ja rhe ho tum is portal pr join kiya tab se aaj tak 500+ post kr diye ho lakin phir bhi itna confuse kyu ho guru. Koi naya banda ye bat bar bar puche to thik bhi lage bhai . Nishchint raho mitra share trading ac me 9AM se pahle hi credit ho jayenge abhi kisi bhi groww user ke ac me credit nahi hue h .
389.8. RAJ ARYA| Link| Bookmark|
December 1, 2023 7:31:44 AM
IPO Mentor (600+ Posts, 200+ Likes)
@Indra the tiger Bhai mere groww me har bar ek din pehle show hone Lag jate hai isliye puch Raha hu, kyunki ek bar divgi torq ipo me Aisa hua tha or me sell nahi kar paya or mujhe loss hua tha isliye, inke system me glitch chalta rehta hai ll
@RAJ ARYA Bhai cdsl ka mail aa gya kya share credit ka agar aa gya hoga to 100% share credit ho jayenge apke ac me chinta mat kro. Mere bhi nahi aaye abhi tak groww app ac me but mail kal hi aa gya tha . Isme apko loss nahi hoga acha fayda ho jayega
387.10. The Nest| Link| Bookmark|
December 1, 2023 9:47:42 AM
Top Contributor (300+ Posts, 200+ Likes)
@COMMON MEN WAITING FOR ALLOTMENT Yaar tum common Bilkul nahi ho... Kya jabardast Prediction karte ho... Maan gaye.... aapke naffa news.... Keep Posting boss...
387.11. Gingal| Link| Bookmark|
December 1, 2023 9:47:57 AM
Top Contributor (200+ Posts, 100+ Likes)
Perfect Boss....I have sold one lot as per your advice. Thanks a lot....
I do not know any internal news nor I am very big experience person in this market. Just my intuition say, it may bounce back and all this shares will be cornered by some big guys. I may be completely wrong on this, but I will try to learn from the experience.
387.25. Ascension| Link| Bookmark|
December 1, 2023 10:17:40 AM
IPO Mentor (600+ Posts, 200+ Likes)
Super Duper Prediction and Info, sold in pre open at 503, unlike what I did in ireda and tata .Thanks a lot. Planning to buy back if comes around 400 in coming days. Any views
387.28. sahab| Link| Bookmark|
December 1, 2023 12:20:06 PM
IPO Guru (1100+ Posts, 600+ Likes)
he is share market bhagwan. not humen being. great prediction bhagwan
LEARNING: If big investor want to buy on listing day the game played on pre-open post listing will be different then what I anticipated. Any experts who know some strategy and happy to share from his experience here is most welcome. As experience gained from market after loosing some money hurts but experience keep on growing.
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 .....
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 😊
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
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.
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