Borana Weaves IPO Subscription Status
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 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.
What is an IPO Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.