Borana Weaves Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 20-05-2025 | 22-05-2025 | ₹10 per share | 0 | 69 SHARES | BSE SME | 67,08,000 shares (aggregating up to ₹144.89 Cr) | 2025-05-23 00:00:00 | 2025-05-26 00:00:00 | 2025-05-26 00:00:00 | 27-05-2025 |
About The Company
Borana Weaves IPO is a bookbuilding of ₹144.89 crores. The issue is entirely a fresh issue of 0.67 crore shares.
Borana Weaves IPO opens for subscription on May 20, 2025 and closes on May 22, 2025. The allotment for the Borana Weaves IPO is expected to be finalized on Friday, May 23, 2025. Borana Weaves IPO will be list on BSE, NSE with a tentative listing date fixed as Tuesday, May 27, 2025.
Borana Weaves IPO price band is set at ₹205 to ₹216 per share. The minimum lot size for an application is 69. The minimum amount of investment required by retail investors is ₹14,145. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,904. The minimum lot size investment for sNII is 14 lots (966 shares), amounting to ₹2,08,656, and for bNII, it is 68 lots (4,692 shares), amounting to ₹10,13,472.
Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Borana Weaves IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Borana Weaves IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 32 | 42 | 2 | 1.81 | 1.8 | 27.31 |
| 31-03-2023 | 75 | 136 | 16 | 24.11 | 24.07 | 38.89 |
| 31-03-2024 | 137 | 200 | 24 | 47.39 | 47.39 | 69.1 |
| 31-12-2024 | 150 | 216 | 29 | 76.55 | 56.87 | 54.03 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | 14904 |
| Retail (Max) | 13 | 897 | 193752 |
| S-HNI (Min) | 14 | 966 | 208656 |
| S-HNI (Max) | 67 | 4623 | 998568 |
| B-HNI (Min) | 68 | 4692 | 1013472 |
IPO Listing Details
| Listing Date | 27-05-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
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.
Contact Information of the Company
Borana Weaves Limited
Plot No AA/34, B 16/16,
Hojiwala Industrial Estate, SUSML,
Sachin,
Phone: +91-9898426338
Email: info@boranagroup.in
Website: https://www.boranagroup.in/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bwl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd (Past IPO Performance)