Borana Weaves

Borana Weaves

Mainboard

₹14,904 / 69 Shares

Offer Date:May 20, 2025 - May 22, 2025
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IPO Live Subscription Details

CategorySubscription (Times)
Date
20 May 2025,05:00:00 PM
QIBs
1.55
NII
Bids above ₹10L: 9.33 times
Bids below ₹10L: 15.98 times
NII Total: 11.55
Retail
25.00 times
Total
8.54 times

Borana Weaves IPO Details

The Borana Weaves IPO price band is set between ₹205-216 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 20 May, 2025 and closes on 22 May, 2025. Investors can check the allotment status on 23 May, 2025, while the listing date is tentatively scheduled for 27 May, 2025.

The total issue size is 67,08,000 shares, aggregating up to ₹144.89 Cr. Stay tuned for the latest Borana Weaves IPO review and GMP updates.

Borana Weaves IPO Review, Rating & Analysis

Borana Weaves IPO Review

NO REVIEW

Borana Weaves IPO Rating

Borana Weaves IPO Highlights

IPO Date

May 20, 2025 - May 22, 2025

Listing Date

27 May, 2025

Face Value

₹10 Per Equity Share

Price Band

₹205-216 per equity share

Lot Size

69 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Borana Weaves IPO Lot Size

The minimum market lot for Borana Weaves IPO is 69 shares with an application amount of ₹14,904. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)169₹14,904
Retail (Max)13897₹1,93,752
S-HNI (Min)14966₹2,08,656
S-HNI (Max)674623₹9,98,568
B-HNI (Min)684692₹10,13,472

Borana Weaves IPO Timeline

IPO Open Date
20 May, 2025
IPO Close Date
22 May, 2025
Basis of Allotment
23 May, 2025
Listing Date
27 May, 2025

Issue Price

₹205-216 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

67,08,000 shares(aggregating up to ₹144.89 Cr)

Borana Weaves IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Dec 24149.66216.1529.3076.5556.8754.03
31 Mar 24137.05199.6023.5947.3947.6669.09
31 Mar 2374.98135.5316.3024.1124.0738.89
31 Mar 2231.9042.361.801.801.8027.31

All values are in ₹ Cr.

Borana Weaves IPO Valuations

EPS Pre IPO

₹11.83/-

EPS Post IPO

₹14.66/-

PE Pre IPO

18.26

PE Post IPO

14.73

ROE

49.45%

ROCE

27.42%

Debt Equity

-

RoNW

49.77%

PAT Margin

11.85

Price to Book Value

9.09

Promoters & Share Holding

Promoter(s) Name

  • Mangilal Ambalal Borana, Ankur Mangilal Borana, Rajkumar Mangilal Borana, Dhwani Ankur Borana, Mangilal Ambalal Borana HUF, Ankur Mangilal Borana HUF, Rajkumar Mangilal HUF And Borana Filaments Private Limited
Share Holding Pre IssueShare Holding Post Issue
87.19%65.24%

About Company

Borana Weaves Limited, a textile manufacturing company incorporated on 2020 is located at Surat. A company specialising in the production of unbleached synthetic grey fabric, it is an essential actor in the supply chain of the fabric that acts as a base layer for subsequent processing, like the dyeing, printing, and finishing. This material is widely applied in different industries, namely, the fashion industry, traditional textile industry, technical textile industry, home décor, and interior design.Apart from grey fabrics, Borana Weaves Limited also produces the polyester textured yarn (PTY Yarn). This yarn is manufactured through heating and texturizing of a critical raw material of the production of their fabric, namely processed polyester oriented yarn (POY Yarn).

The company has three manufacturing units situated at Surat, Gujarat, all well-equipped. Integrated are modern textile technologies and machinery – 15 texturizing machines, 6 warping machines, 700 water jet looms, and 10 folding machines (as of September 30, 2024). Such impressive infrastructure has made Borana Weaves strike a very firm footing in terms of producing consistently and developing sustainably in the synthetic textile business.

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Borana Weaves IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved20,12,457
10,06,200

6,70,800    3,35,400
6,70,80036,89,457
Day 1 -20-05-25 05:00 PM
1.54 x
11.40

9.21 x   15.78 x
24.66 x8.44 x
Day 2 -21-05-25 05:00 PM
1.76 x
53.07

46.93 x   65.36 x
77.16 x29.46 x
Day 3 -22-05-25 05:00 PM
87.21 x
237.38

239.74 x   232.67 x
200.08 x148.69 x
Total No. of Applications:17,40,830 (Approx)
Retail Subscription:

Retail:166x

BHNI:47x

SHNI:223x times

Company Contact Details

Borana Weaves

Plot No AA/34, B 16/16, Hojiwala Industrial Estate, SUSML

Phone: +91-9898426338

Email: info@boranagroup.in

Website: https://www.boranagroup.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: bwl.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions about Borana Weaves IPO

When will Borana Weaves IPO open for subscription?

The Borana Weaves IPO opens on 20 May, 2025 and closes on 22 May, 2025.

What is the investors portion for Borana Weaves IPO?

The investors' portion for QIB is 87.21 x, NII is 239.74 x, and Retail is 200.08 x.

How to apply for Borana Weaves IPO?

You can apply for Borana Weaves IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Borana Weaves IPO?

The issue size of Borana Weaves IPO is approx ₹67,08,000 shares(aggregating up to ₹144.89 Cr) crores.

What is the price band of Borana Weaves IPO?

The price band for Borana Weaves IPO is ₹205 to ₹216 per equity share.

What is the lot size of Borana Weaves IPO?

The minimum bid (lot size) for Borana Weaves IPO is N/A shares with an investment of approx ₹14,904 .

What is the allotment date of Borana Weaves IPO?

The allotment date for Borana Weaves IPO is 23 May, 2025.

What is the listing date of Borana Weaves IPO?

The listing date for Borana Weaves IPO is expected to be 27 May, 2025.

What is the GMP of Borana Weaves IPO?

The latest Grey Market Premium (GMP) for Borana Weaves IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Borana Weaves IPO Date, Review, Price, Allotment Details, GMP | IPOROCK