In today’s briefing:
- Flair Writing Industries IPO- Forensic Analysis
Flair Writing Industries IPO- Forensic Analysis
- Flair Writing Industries (1656496D IN) ‘s INR 5.9 bn upcoming IPO consists of fresh issue worth INR 2.9 bn and OFS worth INR 3 bn (at the upper end).
- The company is the largest pen manufacturer in India and one of the top three players in the Indian Writing Instruments Industry.
- While the company has shown a handsome growth since the pandemic, some operating metrics pertaining to employees don’t seem to add up.
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