Flair Writing Industries Limited , a prominent player in the writing instruments sector, has once again demonstrated its prowess in the export market. The company has been honored with the Prestigious Export Award in the Writing Instruments category by The Plastics Export Promotion Council, marking its seventh consecutive year of recognition for outstanding export performance.

Award Details

The accolade was bestowed upon Flair Writing Industries for its exceptional export performance during the years 2023-24 and 2024-25. This consistent recognition underscores the company's commitment to maintaining high standards in its export operations and its ability to compete effectively in the global market.

Export Contribution

Flair Writing Industries' export operations have become a significant contributor to its overall business. Here's a breakdown of the company's export performance:

The substantial 17.45% contribution of exports to the company's total revenue highlights the importance of international markets in Flair's business strategy. This diversification not only demonstrates the company's global appeal but also potentially provides a buffer against fluctuations in domestic demand.

Global Reach

Flair Writing Industries has established a robust international presence, with operations spanning over 115 countries. This extensive global network is supported by 68 international distributors, enabling the company to efficiently reach diverse markets and maintain its competitive edge in the writing instruments industry.

The company's ability to consistently win the Export Excellence Award for seven years running is a testament to its sustained quality, innovation, and market adaptability. As Flair Writing Industries continues to strengthen its position in the global market, it sets a benchmark for other Indian manufacturers aiming to make their mark on the international stage.

This achievement not only boosts Flair's reputation but also contributes to India's growing presence in the global writing instruments market, showcasing the country's manufacturing capabilities and export potential in this sector.

Flair Writing Industries Limited , a leading player in the writing instruments industry, has reported significant progress in utilizing its Initial Public Offer (IPO) proceeds for the quarter ended September 30, 2025. The company's monitoring agency report, issued by ICRA Limited, confirms that there has been no deviation from the stated objectives of the issue.

IPO Proceeds Utilization

Flair Writing Industries raised net proceeds of INR 273.04 crore from its November 2023 IPO. As of September 30, 2025, the company has utilized INR 245.71 crore, representing about 90% of the total proceeds. The funds have been deployed across various objectives as follows:

Ongoing Projects and Investments

The new Valsad unit setup remains in progress and is on track with the original timeline of FY25-FY26. This expansion is expected to increase the company's production capabilities and support its growth aspirations.

The capital expenditure for the company and its subsidiary was completed in Q2 FY2026, indicating that Flair Writing Industries is actively investing in its infrastructure and capabilities.

Unutilized Funds

The remaining INR 27.32 crore of the IPO proceeds has been temporarily deployed in fixed deposits with Axis Bank, earning returns between 4.00% to 7.40%.

Compliance and Transparency

ICRA Limited, the appointed monitoring agency, has confirmed that there has been no deviation from the stated objects of the issue. This adherence to the planned utilization demonstrates Flair Writing Industries' commitment to transparency and responsible financial management.

The company's proactive disclosure of the IPO proceeds utilization aligns with regulatory requirements and provides investors with clear insights into how their funds are being deployed to drive growth and enhance operational capabilities.

As Flair Writing Industries continues to execute its expansion plans, particularly with the ongoing development of the new Valsad unit, investors can expect further updates on the company's progress in the coming quarters.