Borana Weaves IPO GMP, Open Date, Allotment Status

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 Rs 144.89 crore. This upcoming IPO is offering entirely a fresh issue of up to 67,08,000 equity shares worth up to 144.89 crore.

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.

Also Read | OYO IPO GMP, Open Date, Price Band, Allotment Status

Borana Weaves IPO GMP

Borana Weaves IPO GMP is not yet available. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online. As of now it is expected that the listing price will be near the allotment price of the IPO.  If the subscription got oversubscribed then Borana Weaves IPO GMP might rise in the coming days.

Borana Weaves IPO Price Band

Borana Weaves IPO price band is Rs 205 to Rs 216 per share. The minimum amount of investment for the retail category is Rs 14,904 and for small HNI minimum investment is Rs 2,08,656. The minimum investment for the Big HNI is to be around Rs 10,13,472.

Borana Weaves IPO Open Date, Close Date

Borana Weaves IPO's opening date is May 20, 2025, and the closing date is May 22, 2025. The initiation of refund date is May 26, 2025, and the credit of shares will be on May 26, 2025.

Borana Weaves IPO Allotment Status

Borana Weaves IPO allotment status is available on May 23, 2025. The Listing will be on the BSE and NSE platforms on May 27, 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Borana Weaves IPO Listing Date

Borana Weaves IPO's listing date is May 27, 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Borana Weaves IPO: Listing Date, Lot Size, Price Band

Borana Weaves Limited: About the Company

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.

Borana Weaves 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.

Borana Weaves IPO: Key Dates, Allotment, Listing Date

Borana Weaves IPO Subscription Status, IPO Reservation

Borana Weaves IPO subscription status will be available after the IPO opens in the first week of February 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

Borana Weaves IPO Lot Size Details

Borana Weaves IPO lot size 69 equity shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,904, and the maximum is 13 lots, amounting to around Rs 1,93,752. For small HNI, the minimum lot size is 14, amounting to around Rs 2,08,656.

Borana Weaves IPO Promoter Holdings

Borana Weaves Limited promoters are T 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. The promoters' shareholdings before the IPO were 87.19%; however, after the IPO, shareholdings will decline.

Borana Weaves Limited Financials (Amt in Cr)

Borana Weaves IPO Registrar

Borana Weaves IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can visit the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Borana Weaves IPO Lead Managers

Borana Weaves IPO lead manager is Beeline Capital Advisors Pvt Ltd.

How to apply to Borana Weaves IPO

Interested investors can apply to the Borana Weaves IPO directly from the Bigul trading app. You can also apply by clicking here. Investors can also check the details of other upcoming IPO on Bigul.co

Borana Weaves IPO FAQ

1. What are the details of the Borana Weaves IPO?

Borana Weaves IPO is a book-built issue of Rs 144.89 crore. This upcoming IPO is offering entirely a fresh issue of 67,08,000 equity shares. 

2. When will the Borana Weaves IPO open and close?

Borana Weaves IPO's opening date is May 20, 2025, and the closing date is May 22, 2025. Borana Weaves IPO listing date is May 27, 2025, and allotment status will be available on May 23, 2025.

3. What is Borana Weaves IPO GMP Live?

Borana Weaves IPO GMP is not yet available. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Borana Weaves IPO GMP might rise in the coming days.

4. Write the details of the IPO Allotment Status.

Borana Weaves IPO allotment status is finalised on May 23, 2025. The Listing will be on the BSE and NSE platforms on May 27, 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who are the registrar and lead managers for Borana Weaves IPO?

Borana Weaves IPO registrar Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead manager is Beeline Capital Advisors Pvt Ltd.

Also Read | Top 5 Biggest Upcoming IPOs of 2025: Zepto IPO, Flipkart IPO and More