BORANA WEAVES LIMITED
₹ 205 - ₹ 216
20-May-2025 - 22-May-2025
₹ 14904.00

/ 69 Shares

BORANA WEAVES LIMITED

20-May-2025 - 22-May-2025

₹ 205 - ₹ 216

Price Band

₹ 14904.00

Minimum Investment

69

Bid Lot

6,708,000

Shares
  • Face Value - ₹ 10/- Per Share

  • Listing at NSE, BSE

  • 9,721 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Category % Shares/Amount
QIB 50% 3,018,543 Shares RS.65.20 CR
HNI 1 5% 335,400 Shares RS.7.24 CR @ 347 FORM 1X
HNI 2 10% 670,800 Shares RS.14.48 CR @ 694 FORM 1X
Retail 35% 670,800 Shares RS.14.48 CR @ 9722 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
9722 FORM 1X 347 FORM 1X 694 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 69 ₹ 14,904
Retail (Upto 2 Lakh) 13 897 ₹ 193,752
S-HNI (2 Lakh to 10 Lakh) 14 966 ₹ 208,656
S-HNI (2 Lakh to 10 Lakh) 67 4623 ₹ 998,568
B-HNI (Above 10 Lakh) 68 4692 ₹ 1,013,472

IPO Timeline

  • Open Date

    20-May-2025
  • Close Date

    22-May-2025
  • Basis of Allotment Date

    23-May-2025
  • Initiation of Refunds

    26-May-2025
  • Credit Shares to Demat A/c

    26-May-2025
  • IPO Listing Date

    27-May-2025

Subscription as on
21-May-2025 17:39

Category Book Size Subscription No. of Times
QIB 2,012,400 ₹ 43.47 Cr. 3,546,945 ₹ 76.61 Cr. 1.76x
HNI (<10 LAKH) 335,400 ₹ 7.24 Cr. 21,993,681 ₹ 475.06 Cr. 65.57x
HNI2 (>10 LAKH) 670,800 ₹ 14.49 Cr. 31,482,147 ₹ 680.01 Cr. 46.93x
RETAIL 670,800 ₹ 14.49 Cr. 52,086,306 ₹ 1125.06 Cr. 77.65x
Total 3,689,400 109,109,079 29.57x
Category Book Size Subscription No. of Times
QIB 2,012,400 ₹ 43.47 Cr. 3,546,945 ₹ 76.61 Cr. 1.76x
HNI (<10 LAKH) 335,400 ₹ 7.24 Cr. 21,993,681 ₹ 475.06 Cr. 65.57x
HNI2 (>10 LAKH) 670,800 ₹ 14.49 Cr. 31,482,147 ₹ 680.01 Cr. 46.93x
RETAIL 670,800 ₹ 14.49 Cr. 52,086,306 ₹ 1125.06 Cr. 77.65x
Total 3,689,400 109,109,079 29.57x

*Excluding Anchor

Total No. of Application Approx : ~681336 (70.09 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

Incorporated in 2020, Borana Weaves Limited is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat. The company's unbleached synthetic grey fabric is often widely used as a base for further processing (including dyeing and printing) in industries such as fashion, traditional textiles, technical textiles, home decor, interior design, etc.

The company 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.

Borana Weaves Limited company operates three manufacturing units in Surat, Gujarat, equipped with textile manufacturing technologies for, inter alia, texturizing, warping, water jet looms, and textile folding.

As of September 30, 2024, the company had a total of 15 texturizing machines, 6 warping machines, 700 water jet looms, and 10 folding machines active at its three units.

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Strengths

Company Promoters

Company Financials

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 149.67 137.05 74.98 31.90
Revenue 215.71 199.60 135.53 42.36
Profit After Tax 29.31 23.59 16.30 1.80
Net Worth 76.55 47.39 24.11 1.81
Reserves and Surplus 56.87 47.66 24.07 1.80
Total Borrowing 54.03 69.10 38.89 27.31
Amount in ? Crore

Objects of the Issue

The Company Borana Weaves IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (in Millions)
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 713.48
2 Funding incremental working capital requirements 265.00
3 General Corporate Purposes  

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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