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Borana Weaves Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.216.00
Issue Size:
Rs.144.89 Cr
Lot Size:
69 shares
Open Date:
May 20
Borana Weaves Limited IPO Overview
Bidding Dates
May 20 - May 22
Min Investment
₹14,904
Price Range
₹216.00
Issue Size
₹144.89 Cr
IPO DRHP Doc
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.
IPO Timeline
Opens
May 20
Closes
May 22
Allotment
May 23
Refunds
May 26
Shares Credit
May 26
Listing
May 27
Opens
May 20
Closes
May 22
Allotment
May 23
Refunds
May 26
Shares Credit
May 26
Listing
May 27
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: May 22, 2025, 06:21 PM
Current GMP:
Rs.43
Est. Listing:
Rs.259
Est. Gain:
+19.9%
Star Rating:
★★★★★(3/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹137.05 Cr | ₹137.05 Cr | ₹74.98 Cr | ₹31.9 Cr |
| Net Worth | ₹47.39 Cr | ₹47.39 Cr | ₹24.11 Cr | ₹1.81 Cr |
| Profit After Tax | ₹23.59 Cr | ₹23.59 Cr | ₹16.3 Cr | ₹1.8 Cr |
| Reserves and Surplus | ₹47.66 Cr | ₹47.66 Cr | ₹24.07 Cr | ₹1.8 Cr |
| Revenue | ₹199.6 Cr | ₹199.6 Cr | ₹135.53 Cr | ₹42.36 Cr |
| Total Borrowing | ₹69.1 Cr | ₹69.1 Cr | ₹38.89 Cr | ₹27.31 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Strategically located in Surat, a key textile hub
- 700 active water jet looms ensure consistent fabric quality
- Promoters with 20+ years of industry expertise
- Efficient supply chain with domestic and global sourcing
- Scalable capacity to meet rising demand in synthetic textiles
IPO Details
Borana Weaves IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 67,08,000 shares (aggregating up to ₹144.89 Cr) |
| IPO Date | May 20, 2025 to May 22, 2025 |
| Issue Price | ₹216 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | [.] |
| Lot Size | 69 Shares |
| Share Holding Post Issue | 2,66,45,295 shares |
| Share Holding Pre Issue | 1,99,37,295 shares |
| Total Issue Size | 67,08,000 shares (aggregating up to ₹144.89 Cr) |
Borana Weaves IPO Reservation
Share Reservation Distribution
Anchor Investors
3,018,543 shares (45%)
QIB
2,012,457 shares (30%)
bNII (>₹10L)
670,800 shares (10%)
Retail
670,800 shares (10%)
sNII (<₹10L)
335,400 shares (5%)
Borana Weaves IPO Promoter Holding
| Share Holding Post Issue | |
| Share Holding Pre Issue | 87.19% |
Key Dates
Open Date:May 20
Close Date:May 22
Listing Date:May 27
