
Borana Weaves
Mainboard₹14,904 / 69 Shares
IPO Live Subscription Details
| Category | Subscription (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 REVIEWBorana 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.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,904 |
| Retail (Max) | 13 | 897 | ₹1,93,752 |
| S-HNI (Min) | 14 | 966 | ₹2,08,656 |
| S-HNI (Max) | 67 | 4623 | ₹9,98,568 |
| B-HNI (Min) | 68 | 4692 | ₹10,13,472 |
Borana Weaves IPO Timeline
Issue Price
₹205-216 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Beeline Capital Advisors Pvt LtdIssue Size
67,08,000 shares(aggregating up to ₹144.89 Cr)Borana Weaves IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 24 | 149.66 | 216.15 | 29.30 | 76.55 | 56.87 | 54.03 |
| 31 Mar 24 | 137.05 | 199.60 | 23.59 | 47.39 | 47.66 | 69.09 |
| 31 Mar 23 | 74.98 | 135.53 | 16.30 | 24.11 | 24.07 | 38.89 |
| 31 Mar 22 | 31.90 | 42.36 | 1.80 | 1.80 | 1.80 | 27.31 |
All values are in ₹ Cr.
Borana Weaves IPO Valuations
EPS Pre IPO
₹11.83/-EPS Post IPO
₹14.66/-PE Pre IPO
18.26PE Post IPO
14.73ROE
49.45%ROCE
27.42%Debt Equity
-RoNW
49.77%PAT Margin
11.85Price to Book Value
9.09Promoters & 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 Issue | Share 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.
Borana Weaves IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 20,12,457 | 10,06,200 6,70,800 3,35,400 | 6,70,800 | 36,89,457 |
Day 1 -20-05-25 05:00 PM | 1.54 x | 11.40 9.21 x 15.78 x | 24.66 x | 8.44 x |
Day 2 -21-05-25 05:00 PM | 1.76 x | 53.07 46.93 x 65.36 x | 77.16 x | 29.46 x |
Day 3 -22-05-25 05:00 PM | 87.21 x | 237.38 239.74 x 232.67 x | 200.08 x | 148.69 x |
Retail:166x
BHNI:47x
SHNI:223x times
Company Contact Details
Borana Weaves
Plot No AA/34, B 16/16, Hojiwala Industrial Estate, SUSMLRegistrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bwl.ipo@kfintech.com
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.
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.
