Borana Weaves IPO Date, Review, Price, Allotment Details

Borana Weaves IPO open date is May 20, 2025 and the IPO will close on May 22, 2025. Borana Weaves IPO is a Book Built Issue. The company to raise around ₹144.89 crores via IPO that comprises fresh issue of ₹144.89 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Borana Weaves IPO price band is ₹205 to ₹216 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Borana Weaves IPO to list on BSE, NSE on May 27, 2025. The allotment of Borana Weaves IPO date is May 23, 2025.

The company reported revenue of ₹199.60 crores in 2024 against ₹135.53 crore in 2023. The company reported profit of ₹23.59 crores in 2024 against profit of ₹16.30 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Borana Weaves IPO Details

IPO Open Date:May 20, 2025
IPO Close Date:May 22, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹205 to ₹216 Per Share
Issue Size:Approx ₹144.89 Crores
Fresh Issue:Approx ₹144.89 Crores
Issue Type: Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Borana Weaves IPO Market Lot

The Borana Weaves IPO minimum market lot is 69 shares with ₹14,904 application amount. The retail investors can apply up-to 13 lots with 897 shares of ₹1,93,752 amount.

ApplicationLot SizeSharesAmount
Retail Minimum169₹14,904
Retail Maximum13897₹1,93,752
S-HNI Minimum14966₹2,08,656
B-HNI Minimum684,692₹10,13,472

Borana Weaves IPO Dates

The Borana Weaves IPO date is May 20, 2025 and the close date is May 22, 2025. The Borana Weaves IPO allotment will be finalized on May 23, 2025 and the IPO listing on May 27, 2025.

IPO Open Date:May 20, 2025
IPO Close Date:May 22, 2025
Basis of Allotment:May 23, 2025
Refunds:May 26, 2025
Credit to Demat Account:May 26, 2025
IPO Listing Date:May 27, 2025

Promoters of Borana Weaves IPO

The promoters of the company are 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.

About Borana Weaves IPO

Borana Weaves Ltd is a reputed name in textile manufacturing, known for delivering a smooth and efficient journey from fibre to fabric. Since its establishment in 2020, the company has focused on fast, high-quality production, powered by a modern manufacturing facility and advanced high-speed water jet looms, ensuring speed without sacrificing quality. Significantly, they have made 24 water jet weaving looms in their operations, and it’s the reason for improved production efficiency and product quality.

Borana Weaves has a mission regarding manufacturing capabilities and wants to explore new opportunities for its company’s growth. Apart from its mission for premium quality textiles and innovative products. From POY to PTY, and through warping, sizing, and weaving, its process showcases the skill behind textile making.

Borana Weaves IPO Company Financial Report

The company reported revenue of ₹199.60 crores in 2024 against ₹135.53 crore in 2023. The company reported profit of ₹23.59 crores in 2024 against profit of ₹16.30 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹42.36₹40.17₹1.80₹31.90
2023₹135.53₹115.63₹16.30₹74.98
2024₹199.60₹171.21₹23.59₹137.05
September 2024₹215.71₹179.40₹29.31₹149.67

Borana Weaves IPO Valuation – FY2024

Check Borana Weaves IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:49.45%
ROCE:27.42%
EBITDA Margin:20.68%
PAT Margin:11.85%
Debt to equity ratio:1.87
Earning Per Share (EPS):₹11.83 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):49.77%
Net Asset Value (NAV):₹23.77

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
NA– Cr.
Na– Cr.

Objects of the Issue

  • Proposing to finance the cost of establishing a new manufacturing Unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India (“Proposed Unit 4”).
  • Funding incremental working capital requirements.
  • General corporate purposes.

Borana Weaves IPO Review

  • IPO Watch – May Apply
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Borana Weaves IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt Ltd

Company Address

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/

Borana Weaves IPO FAQs

What is Borana Weaves IPO?

Borana Weaves IPO is a Mainboard IPO. The company is going to raise ₹144.89 Crores via IPO. The issue is priced at ₹205 to ₹216[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Borana Weaves IPO will open for subscription?

The IPO is to open on May 20, 2025 for QIB, NII, and Retail Investors. The IPO will close on May 22, 2025.

What is Borana Weaves IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Borana Weaves IPO?

You can apply for Borana Weaves IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Borana Weaves IPO Issue Size?

Borana Weaves IPO issue size is ₹144.89 crores.

What is Borana Weaves IPO Price Band?

Borana Weaves IPO Price Band is ₹205 to ₹216.

What is Borana Weaves IPO Lot Size?

The minimum bid is 69 Shares with ₹14,904 amount.

What is the Borana Weaves IPO Allotment Date?

Borana Weaves IPO allotment date is May 23, 2025.

What is the Borana Weaves IPO Listing Date?

Borana Weaves IPO listing date is May 27, 2025. The IPO is to list on BSE & NSE.

Note: The Borana Weaves IPO price band and date are officially announced. The (Borana Weaves IPO grey market premium) will be added to the IPO GMP page as it will start).
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