BORANA WEAVES LIMITED

20 May 2025 - 22 May 2025 Individual Category Main Board BSE NSE

Min Investment

₹14904

Price Band

₹205-₹216

Issue Size

67.08 lakhs
Equity Shares

Lot Size

69

IPO Dates
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20 May 2025

Open Date

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22 May 2025

Close Date

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23 May 2025

Allotment Date

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27 May 2025

Listing Date

Borana Weaves IPO open date is May 20, 2025, and the closing date is May 22, 2025. This new IPO is a book-built issue of 67.08 crore equity shares. This upcoming IPO is offering entirely a fresh issue.Borana Weaves IPO price band is Rs 205 to Rs 216 per share. As of now, Borana Weaves IPO GMP Live quotation is not yet available. Live IPO Grey Market Premium details will be visible online. Borana Weaves IPO DRHP was filed on November 19, 2024.Borana Weaves IPO allotment status is available on May 23, 2025. Borana Weaves IPO lot size is 69 shares. The minimum investment for the retail investors is 1 lot of Rs 14,904. The registrar for Borana Weaves IPO is Kfin Technologies Limited. Borana Weaves IPO listing date is May 27, 2025.

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About Borana Weaves Limited

Borana Weaves Limited, established in 2020 and based in Surat, Gujarat, is a dynamic force in India’s textile industry. The company specialises in the manufacturing of unbleached synthetic grey fabric and high-quality polyester textured yarn.With three state-of-the-art production units equipped with high-end water jet looms and texturising machines, Borana Weaves guarantees reliable output and higher quality of fabric. Their wide range of products caters to diverse industries, such as fashion, home textiles, and technical textiles, addressing the changing demands of local and overseas customers. Borana Weaves follows sustainable practices, incorporating environmentally friendly processes and materials in their operations.The company’s emphasis on innovation, quality control, and customer satisfaction has enabled it to build long-lasting relationships with partners and clients across the textile value chain. As Borana Weaves Limited continues to grow, it remains dedicated to setting new benchmarks in textile manufacturing and contributing to the industry’s advancement.

Founded

2020

Managing Director

Mangilal Ambalal Borana

Parent Organization

-

IPO Objectives

The funds raised from the Borana Weaves IPO will be used for financing the cost of establishing a new manufacturing unit in Surat, Gujarat, to expand its production capabilities for grey fabric. Additionally, the proceeds will be used to meet incremental working capital requirements and for general corporate purposes.

Company Promoters

T Mangilal Ambalal Borana

Ankur Mangilal Borana

Rajkumar Mangilal Borana

Dhwani Ankur Borana

Mangilal Ambalal Borana HUF

Ankur Mangilal Borana HUF

Rajkumar Mangilal HUF

Borana Filaments Private Limited

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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