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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 69 | ₹14,904 |
Retail Maximum | 13 | 897 | ₹1,93,752 |
S-HNI Minimum | 14 | 966 | ₹2,08,656 |
B-HNI Minimum | 68 | 4,692 | ₹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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
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
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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/
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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).