On the last day, Borana Weaves IPO was subscribed 147.85 times overall, a retail quota was 200.50x, QIB 85.53, and 237.41 for NII.
Details About Borana Weaves’ IPO
Borana Weaves got approval from SEBI for an IPO of ₹144.89 crores via IPO which comprises a fresh issue of ₹144.89 crores with a face value of ₹10 each.
Borana Weaves has set up a ₹205 to ₹216 per share. In the Borana Weaves IPO, 1 lot size for the minimum Retail category got 69 shares, and for the max retail category, 897 shares in 13 lot sizes maximum.
S-HNI (Min) has a total of 966 shares in 14 lot sizes, while B-HNI(Max) has 4,692 shares in 68 lot sizes.
To invest in the Borana Weaves IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,904.
- Retail investors’ (Max) investment of ₹1,93,752.
- Small HNI (S-HNI): Minimum investment of ₹2,08,656.
- Big HNI(B-HNI): maximum investment of ₹10,13,472.
Borana Weaves subscription duration
Borana Weaves IPO started on May 20, 2025, and closed on May 22, 2025. The investor’s allotment date was May 23, 2025, and they received a refund on May 26, 2025. Borana Weaves’ IPO listing date is May 27, 2025.
About Borana Weaves Company
Borana Weaves Ltd is one of the leading companies in terms of textile manufacturing. It also offers an easy and effective journey from fibre to fabric. Moreover, this company was established in 2020, and is involved in the fast and high-quality production, that powered by a modern manufacturing facility and advanced high-speed water jet looms.
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 is committed to expanding its manufacturing capabilities while pursuing new avenues for business growth. In addition to its dedication to producing high-quality textiles and innovative products, the company’s process, from POY to PTY, including warping, sizing, and weaving, highlights the craftsmanship involved in textile production.
Borana Weaves’s Financial Background
The company reported revenue of ₹199.60 crores in 2024 against ₹135.53 crores in 2023. The company reported a profit of ₹23.59 crores in 2024 against a profit of ₹16.30 crores in 2023.
