Borana Weaves IPO
May 20, 2025 - May 22, 2025
Exp. Premium: 64 (29.63 %)
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Borana Weaves IPO Details
May 20, 2025
Open Date
May 22, 2025
Close Date
May 23, 2025
Allotment Date
May 27, 2025
Listing Date
Per Lot Price
14904
Price Range
205-216
Total Issue Size
144.89 Cr
Fresh Issue Size
144.89 Cr
Face Value
10
Listing at Group
NSE, BSE
Registrar
KFIN Technologies Limited
Lead Manager
Beeline Capital Advisors Private Limited
Offer For Sale
NIL
Subscription
0.00
About Company
Borana Weaves is a textile manufacturer based in Surat, Gujarat, specialised in manufacturing of unbleached synthetic grey fabric that is often widely used as a base for further processing (including dyeing and printing) in industries such as fashion, traditional textiles, technical textiles, home décor, interior esigning, etc.
They also manufactures polyester textured yarn (“PTY Yarn”), which is produced by heating polyester oriented yarn (“POY Yarn”), our raw material used in the production of grey fabric.
The Company commenced its operations in 2020, and the production from first unit, Unit 1 located at Plot No. AA/93/P, Hojiwala Industrial Estate, SUSML, Surat, Gujarat.
They operates three manufacturing units in Surat, Gujarat, equipped with textile manufacturing technologies for, inter alia, texturizing, warping, water jet looms, and textile folding.
Borana Weaves IPO GMP Live
16-05-2025 : Borana Weaves IPO GMP is 58 Rs. It means excepted Listing gain is 26.85%.
Promoter Details
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 are the company promoters.
Market Lot Details
| 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 |
Quota Details
| Category | Percentage (%) |
|---|---|
| QIB | 75% |
| HNI | 15% |
| Retail | 10% |
Important Dates Timetable
| Open Date | May 20, 2025 |
| Close Date | May 22, 2025 |
| Allotment Date | May 23, 2025 |
| Initiation of Refunds | May 26, 2025 |
| Credit of Shares to Demat | May 26, 2025 |
| Listing Date | May 27, 2025 |
Objects Of The Issue
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.
2) Funding incremental working capital requirements.
3) General corporate purposes
Company Contact Details
Borana Weaves Limited
Plot No AA/34, B 16/16,
Hojiwala Industrial Estate, SUSML,
Sachin,
Phone: +91-9898426338
Email: [email protected]
Website: https://www.boranagroup.in/
Registrar Details
KFIN Technologies Limited
Selenium Tower-B,
Plot No. 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500032, Telangana
Tel: 040-67162222/18003094001
E-mail: [email protected]
Investor grievance E-mail: [email protected]
Website: www.kfintech.com
Contact person: M. Murali Krishna
SEBI Registration No: INR000000221
Manager Details
Beeline Capital Advisors Private Limited
B 1311-1314, 13th Floor,
Shilp Corporate Park, Rajpath Rangoli Road,
Thaltej Ahmedabad, Bodakdev,
Ahmadabad City, Gujarat, India, 380054
Tel: +91 079 4918 5784
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.beelinemb.com
Contact person: Nikhil Shah
SEBI Registration No.: INM000012917