The company’s market valuation stood at ₹4,771.25 crore.
The initial public offering (IPO) of Flair Writing was subscribed 47 times, resulting in demand of ₹19,550 crore compared to the issue size of ₹593 crore.Flair has raised ₹178 crore from 23 anchor investors before the IPO. Some of the anchor investors include SBI MF, HDFC MF, Kotak MF, TATA MF and ICICI Prudential Life Insurance, among others.
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