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According to domestic brokerage Swastika Investmart, the listing was even above expectations, given the strong fundamentals of the company and the positive investor sentiment surrounding the IPO. “Flair Writing is a leading manufacturer of writing instruments in India with a well-diversified product portfolio and a strong brand reputation. The company has a proven track record of growth and profitability. The IPO was oversubscribed 49.28 times, indicating strong investor interest,” says Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.Read more:
