Borana Weaves Limited IPO Details – Price, Date, GMP & Analysis
Borana Weaves Limited IPO Overview
Key IPO Details
Investment Summary
The Borana Weaves Limited IPO IPO is a mainboard offering scheduled to open on May 20. The issue is priced at ₹216 per share, with a minimum application of 69 shares.
Status: Listed and trading
How to Apply for Borana Weaves Limited IPO
To apply for the Borana Weaves Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Borana Weaves Limited IPO
- Enter bid quantity (minimum 69 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before May 22
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,904(approx. based on lower price band)
Company Overview
Incorporated in 2020, Borana Weaves Limited is a Surat-based manufacturer of unbleached synthetic grey fabric, used in various industries. The company also produces polyester textured yarn and operates three manufacturing units equipped with advanced textile technologies.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Tue, May 20, 2025
CompletedClose Date
Thu, May 22, 2025
CompletedAllotment
Fri, May 23, 2025
CompletedRefund Process
Mon, May 26, 2025
CompletedCredit to Demat
Mon, May 26, 2025
CompletedListing Date
Tue, May 27, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 85.53x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 237.41x | Oversubscribed |
| RII (Retail Individual Investors) | 200.50x | Oversubscribed |
| Total Subscription | 147.85x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Borana Weaves IPO Details
| IPO Date | May 20, 2025 to May 22, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹216 per share |
| Lot Size | 69 Shares |
| Total Issue Size | 67,08,000 shares (aggregating up to ₹144.89 Cr) |
| Fresh Issue | 67,08,000 shares (aggregating up to ₹144.89 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,99,37,295 shares |
| Share Holding Post Issue | 2,66,45,295 shares |
Borana Weaves IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 30,18,543 (45.00%) | NA |
| QIB Shares Offered | 20,12,457 (30.00%) | NA |
| bNII > ₹10L | 6,70,800 (10.00%) | 694 |
| sNII < ₹10L | 3,35,400 (5.00%) | 347 |
| Retail Shares Offered | 6,70,800 (10.00%) | 9,721 |
Borana Weaves IPO Timeline (Tentative Schedule)
| IPO Open Date | Tue, May 20, 2025 |
| IPO Close Date | Thu, May 22, 2025 |
| Tentative Allotment | Fri, May 23, 2025 |
| Initiation of Refunds | Mon, May 26, 2025 |
| Credit of Shares to Demat | Mon, May 26, 2025 |
| Tentative Listing Date | Tue, May 27, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 22, 2025 |
Borana Weaves IPO Lot Size
| 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 | 4,623 | ₹9,98,568 |
| B-HNI (Min) | 68 | 4,692 | ₹10,13,472 |
Borana Weaves IPO Promoter Holding
| Share Holding Pre Issue | 87.19% |
| Share Holding Post Issue |
Financial Information
Company FinancialsBorana Weaves Limited Financial Information (Restated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 149.67 | 137.05 | 74.98 | 31.90 |
| Revenue | 215.71 | 199.60 | 135.53 | 42.36 |
| Profit After Tax | 29.31 | 23.59 | 16.30 | 1.80 |
| Net Worth | 76.55 | 47.39 | 24.11 | 1.81 |
| Reserves and Surplus | 56.87 | 47.66 | 24.07 | 1.80 |
| Total Borrowing | 54.03 | 69.10 | 38.89 | 27.31 |
Key Dates
Borana Weaves Limited IPO IPO Review & Analysis
Should I Apply for Borana Weaves Limited IPO?
The Borana Weaves Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹144.89 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Borana Weaves Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Borana Weaves Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.