Borana Weaves IPO Details
Borana Weaves IPO Details, GMP, Date, Subscription, Allotment
Borana Weaves IPO is a Book Building issue of ₹144.89 Crore, offering about 67.08 Lakh to the public.
This IPO is a complete Fresh Issue of 67.08 Lakh shares worth ₹144.89 Crore.
Borana Weaves IPO was subscribed 147.85 times during bidding from 20 May 2025 to 22 May 2025. Allotment was finalized on 23 May 2025, and the shares listed on BSE, NSE on 27 May 2025.
Price band for Borana Weaves IPO is ₹205 to ₹216 per equity share. One lot consists of 69 shares. Minimum investment for retail investors is ₹14145. It is recommended to apply at the cutoff price of ₹216 to improve allotment chances.
Retail investors can apply for 1 lot (69 shares) costing ₹14904. NIIs must invest ₹208656 for 14 lots (966 shares). QIBs need ₹1012424 to apply for 68 lots (4689 shares).
10% of the issue is reserved for retail investors, 15% for NIIs, 30% for QIBs, and 45% of shares were reserved for anchor investors and their bidding date is 19 May 2025.
Borana Weaves Limited reported revenue of ₹47.39 Crores in and ₹76.55 Crores in . It reported a Profit of ₹23.58 Crores in and a Profit of ₹16.3 Crores in after taxes.
Kfin Technologies Limited is the registrar of the Borana Weaves IPO. The book running lead manager is Beeline Capital Advisors Private Limited.
Borana Weaves Limited IPO (Borana Weaves IPO) Overview
| IPO Name | Borana Weaves Limited IPO |
| IPO Status | Listed at 243.00 (+12.5% Profit) in BSE, NSE |
| IPO Open Date | 20 May 2025 |
| IPO Close Date | 22 May 2025 |
| Face Value | ₹10 Per Equity Share |
| One Lot Size | 69 Equity Shares |
| Total Issue | 67,08,000 Shares (worth up to ₹144.89 Crore Rs) |
| Fresh Issue | 67,08,000 Shares (worth up to ₹144.89 Crore Rs) |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| Retail Portion | Up to 10% of Net Issue |
| NII Portion | Up to 15% of Net Issue |
| Net QIB Portion | Up to 30% of Net Issue |
| Anchor Portion | Up to 45% of Net Issue |
| DRHP Draft Prospectus | View DRHP |
| RHP Draft Prospectus | View RHP |
| Anchor Investors List | View List |
Borana Weaves IPO Important Dates
The following table gives all important events and their timelines for Borana Weaves IPO.
| Anchor Investors Bid Date | 19 May 2025 |
| IPO Open Date | 20 May 2025 |
| IPO Close Date and Time | 22 May 2025 at 3:15 PM |
| Basis of Allotment | 23 May 2025 at 9:00 PM |
| Refunds | 26 May 2025 |
| Credit to DEMAT | 26 May 2025 |
| IPO Listing Date | 27 May 2025 |
Borana Weaves IPO Investor Reservation
Borana Weaves Limited issued a total 67.08 Lakh shares through this IPO. 6.7 Lakh (69.00%) shares reserved for Retail. 10.06 Lakh (15.00%) shares for NIIs. 20.12 Lakh (30.00%) shares for QIBs. 30.18 Lakh (45.00%) shares for Anchor Investors.
| Investor | Shares Reserved | Reservation % |
|---|---|---|
| Retail | 6,70,800 | 69.00% |
| NII | 10,06,200 | 15.00% |
| QIB | 20,12,457 | 30.00% |
| Anchor Investors | 30,18,543 | 45.00% |
| Total | 67,08,000 | 100% |
Borana Weaves IPO Lot Amounts
Investors can send applications in lots of 69 shares and in multiples thereof. The minimum amount of retail application of 69 shares (1 lot) is ₹14904 and maximum application amount is ₹193752 for 897 shares (13 lots). The following depicts the minimum and maximum by Retail, HNI and QIB investors in terms of shares, lots and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1 | ₹14904 |
| Retail Maximum | 13 | 897 | ₹193752 |
| SHNI Minimum | 14 | 966 | ₹208656 |
| SHNI Maximum | 33 | 2277 | ₹492732 |
| BHNI Minimum | 34 | 2346 | ₹506736 |
| BHNI Maximum | 67 | 4620 | ₹997920 |
| QIB Minimum | 68 | 4689 | ₹1012424 |
About Borana Weaves Limited Company
Borana Weaves Limited is a textile manufacturer based in Surat, specializing in the production of unbleached synthetic grey fabric. This fabric serves as a fundamental material for further processing, such as dyeing and printing, in various industries, including fashion, traditional textiles, technical textiles, home décor, and interior design. The versatility of grey fabric
allows it to complement a wide range of unbleached fabrics across different styles, making it a valuable resource in the textile supply chain.
In addition to Grey fabric manufacturing, it also manufactures polyester textured yarn (PTY YARN) which is produced by heating polyester oriented yarn (POY YARN). The company started its operations in 2020 and established its first unit in Surat in the same year. Most of the manufacturing and processing in units are carried out using textile manufacturing technologies, pollution light machinery and tools which are supplied by domestic and global players in the synthetic fibre industry. Check the Borona Weaves Limited financial report and its key performance indicators below.
Borana Weaves Limited Financial Report and Review
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | Review |
|---|---|---|---|---|---|
| Revenue | 76.55 | 47.39 | 24.11 | 1.81 | Growing |
| Profit | 29.30 | 23.58 | 16.30 | 1.79 | Growing |
| Expenses | 179.39 | 171.21 | 115.63 | 40.16 | High |
| Assets | 149.66 | 137.05 | 74.97 | 31.90 | Growing |
| Networth | 76.55 | 47.39 | 24.11 | 1.80 | Growing |
| Borrowings | 54.03 | 69.10 | 38.89 | 27.31 | High |
Amount ₹ in Crores if not stated separately
Borana Weaves Limited Key Performance Indicators
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 199.05 | 135.39 | 42.33 |
| Revenue from Operations % | 199.05 | 135.39 | 42.33 |
| ROE % | 49.45 | 67.61 | 99.45 |
| ROCE % | 27.42 | 34.93 | 12.23 |
| EBITDA | 41.17 | 26.06 | 5.17 |
| EBITDA Margin % | 20.68 | 19.25 | 12.22 |
| PAT Margin % | 11.85 | 12.04 | 4.25 |
| Debt to Equity Ratio | 0.70 | — | — |
| Earnings Per Share (in ₹) | 11.83 | 10.88 | 3.59 |
| Return on Networth % | 49.77 | 67.61 | 99.45 |
| Net Asset Value | 23.77 | 16.09 | 3.61 |
Borana Weaves Limited IPO Peer Group Comparison
| No Direct Peers Available and Listed |
|---|
Objects of the Borana Weaves IPO Offer
Borana Weaves Limited filed to raise ₹144.89 Crore Rs funds through Fresh Issue and is about to use the funds on the following objects:
| S.No. | Objects of the Issue | Amt (in Cr) |
|---|---|---|
| 1 | Proposing to finance the cost of establishing a new manufacturing Unit to expand its production capabilities to produce grey fabric at Surat Gujarat India | 71.34 |
| 2 | Funding incremental working capital requirements | 26.5 |
| 3 | General corporate purposes | [●] |
| Total | Net Proceeds | [●] |
Amount ₹ in Crores if not stated separately
Borana Weaves Limited Office Address
Borana Weaves Limited
Plot No AA/34, B 16/16,
Hojiwala Industrial Estate,
SUSML, Sachin, Surat,
Gujarat, India – 394230
Borana Weaves IPO Details FAQs
1. What is the Borana Weaves IPO ?
Borana Weaves IPO is a Book Building issue of ₹144.89 Crore, offering about 67.08 Lakh to the public.
2. What is the Borana Weaves IPO price band and face value per share?
Price band for Borana Weaves IPO is ₹205 to ₹216 per equity share. The face value of each share is ₹10 per equity share.
3. When will Borana Weaves IPO open date for subscription?
Borana Weaves IPO open date for subscription is 20 May 2025 and close date is 22 May 2025 at 3:15 PM.
4. What is the Borana Weaves IPO Investors reservation portions?
The Borana Weaves IPO has allocated 10% for Retail, 15% for NIIs, and 30% for QIBs. 45% of shares are reserved for Anchor Investors.
5. What is the issue size of the Borana Weaves IPO ?
This IPO is a complete Fresh Issue of 67.08 Lakh shares worth ₹144.89 Crore.
6. What is the lot size and the minimum investment for retail, NII, and QIB applicants of Borana Weaves IPO ?
In the Borana Weaves IPO , the minimum investment for Retail investors is 1 lot (69 shares), totaling ₹14904. For NIIs, the investment is 14 lots (966 shares), amounting to ₹208656. QIBs need ₹1012424 to subscribe to 68 lots (4689 shares) of the Borana Weaves IPO.
7. How to apply for the Borana Weaves IPO ?
One can apply for Borana Weaves IPO through the ASBA via bank account. If the application amount is below ₹5,00,000, they can apply via UPI through their stock brokers like Zerodha, Groww, Paytm Money etc.
8. What is Borana Weaves IPO Lot Size?
Borana Weaves IPO one lot size is 69 equity shares.
9. What is the Borana Weaves IPO Allotment Date?
Borana Weaves IPO Allotment Date is 23 May 2025.
10. What is the Borana Weaves IPO Listing Date?
Borana Weaves IPO listing date is 27 May 2025.