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Flair Writing Industries IPO Subscription Status

Flair Writing Industries IPO was subscribed 49.28 times when bidding closed on 24 Nov 2023: QIB 122.02x, NII 35.23x, Retail 13.73x.

The Flair Writing Industries IPO has been subscribed 49.28x times overall. Retail investors have shown interest with bids for 13.73x the shares available. The Non-Institutional Investor (NII) category has been subscribed 35.23x. Within NII, Big HNI (B-HNI) subscribed 36.53x and Small HNI (S-HNI) subscribed 32.61x. Qualified Institutional Buyers (QIBs) have subscribed 122.02x. Data last updated on 10 Nov, 06:23 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 22 Nov, 2023 and closes on 24 Nov, 2023. The shares are expected to list on stock exchanges on 01 Dec, 2023.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 06:23 PM
Category Bid details Times
QIB - of - - 122.02x
NII - of - - 35.23x
bHNI — bid amount above ₹10 Lakh
- - 36.53
sHNI — bid amount ₹2–10 Lakh
- - 32.61
Retail - of - - 13.73x
TOTAL - - 49.28x
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Flair Writing Industries IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 13
~7.3% chance per PAN — based on 13.73x subscription. Winners get exactly 1 lot (₹14,896) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 33
~3.1% chance — based on 32.61x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 37
~2.7% chance — based on 36.53x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
122.02x
Proportionate allotment — at 122.02x, institutions receive ~0.8% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 7.3% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 122.02x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
24 Nov 2023
Day 3
49.28x ▼
QIB122.02x BHNI36.53x SHNI32.61x Retail13.73x
23 Nov 2023
Day 2
6.12x ▼
QIB1.36x BHNI8.73x SHNI12.69x Retail7.16x
22 Nov 2023
Day 1
2.18x ▼
QIB0.53x BHNI2.23x SHNI3.88x Retail2.87x

Flair Writing Industries IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 22 Nov 2023
  2. Close 24 Nov 2023
  3. Allotment 29 Nov 2023
  4. Refund/credit 30 Nov 2023
  5. Listing 01 Dec 2023

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Flair Writing Industries IPO?

As of IPO close date (24 Nov, 2023), the Flair Writing Industries IPO is subscribed 49.28x times. Retail category is 13.73x, and NII is 35.23x subscribed.

When is the allotment date for Flair Writing Industries IPO?

The allotment for Flair Writing Industries IPO is expected to be finalized on 29 November, 2023.

What is the GMP of Flair Writing Industries?

The Grey Market Premium (GMP) for Flair Writing Industries is currently ₹90, indicating a potential listing gain of 30%.

When will Flair Writing Industries IPO list on the stock market?

Flair Writing Industries is scheduled to list on BSE and NSE on 01 December, 2023.

What are the chances of getting allotment in Flair Writing Industries IPO?

The retail category is oversubscribed at 13.73x, meaning allotment is by lottery. Statistically, approximately 1 in 14 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 122.02x mean for Flair Writing Industries IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 122.02x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Flair Writing Industries IPO allotment status?

After the allotment date (29 Nov, 2023), you can check your Flair Writing Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
49.28x
QIB
122.02x
NII
35.23x
bHNI
36.53x
sHNI
32.61x
Retail
13.73x
Full IPO details
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