Borana Weaves Limited Link 
Allotment
Borana Weaves launched a book-built IPO worth ₹144.89 crore, comprising entirely a fresh issue of 0.67 crore shares.
The IPO opened for bidding on May 20, 2025, and closed on May 22, 2025. The allotment was finalized on May 23, 2025, and the shares were subsequently listed on BSE and NSE on May 27, 2025.
The price band for the IPO was fixed at ₹216 per share. The lot size for an application is 69 shares. For retail investors, the minimum investment is 1 lot (69 shares), totaling ₹14,145. sNII investors must subscribe to a minimum of 14 lots (966 shares), amounting to ₹2,08,656, while bNII investors must subscribe to 68 lots (4,692 shares), totaling ₹10,13,472.
The IPO was managed by Beeline Capital Advisors Pvt. Ltd. as the Book Running Lead Manager, with Kfin Technologies Ltd. serving as the Registrar of the Issue.
Investors can bid for a minimum of 69 shares, with additional bids required in multiples of 69 shares.
₹216
0%
Open
₹216
HIgh - Low
₹216
Previous Close
₹216
Total Traded Value
0
52 Weeks High
₹216
52 Weeks Low
₹216
Updates On
May 15, 2025
IPO. Open
May 20, 2026
IPO. Close
May 22, 2026
IPO. Price
₹216.00
IPO Market price
₹575.54 Cr
IPO Details
| IPO Date | 27 May |
| IPO Listing Date | 27 May |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹216.00 |
| IPO Issue Size | 67,08,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 1,99,37,295 shares |
IPO Timeline
| IPO Open Date | 20 May |
| IPO Close Date | 22 May |
| IPO Allotment (Tentative) | 23 May |
| Refunds | 26 May |
| Credit to Demat Account | 26 May |
| IPO Listing Date | 27 May |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 50,31,000 Shares |
| NII (HNI) Shares Offered | 10,06,200 Shares |
| Retail Shares Offered | 6,70,800 Shares |
IPO Lot Size
Investors can bid for a minimum of 69 shares, with additional bids required in multiples of 69 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,904 |
| Retail (Max) | 13 | 897 | ₹1,93,752 |
| S-HNI (Min) | 14 | 966 | ₹2,08,656 |
| S-HNI (Max) | 67 | 4,623 | ₹9,98,568 |
| B-HNI (Min) | 68 | 4,692 | ₹10,13,472 |
Incorporated in 2020, Borana Weaves Limited is a textile manufacturing company based in Surat, Gujarat, specializing in the production of unbleached synthetic grey fabric. This fabric is widely used as a base material for further processing such as dyeing and printing, serving industries including fashion, traditional textiles, technical textiles, home décor, and interior design.
Product Portfolio:
The company manufactures:
Unbleached synthetic grey fabric, primarily used for downstream textile processing
Polyester Textured Yarn (PTY Yarn), produced by heating Polyester Oriented Yarn (POY Yarn), which also serves as a key raw material for grey fabric production
Manufacturing Facilities and Capabilities:
Borana Weaves operates three manufacturing units in Surat, Gujarat, equipped with advanced textile manufacturing technologies, including texturizing, warping, water jet looms, and textile folding.
Installed Capacity:
As of September 30, 2024, the company had the following machinery across its three units:
15 texturizing machines
6 warping machines
700 water jet looms
10 folding machines
Company Financials (Consolidated)
| Assets | 149.67 | 137.05 | 74.98 |
| Total Income | 215.71 | 199.6 | 135.53 |
| Profit After Tax | 29.31 | 23.59 | 16.3 |
| EBITDA | 46.03 | 41.17 | 26.06 |
| NET Worth | 76.55 | 47.39 | 24.11 |
| Reserves and Surplus | 56.87 | 47.66 | 24.07 |
| Total Borrowing | 54.03 | 69.1 | 38.89 |
Key Performance Indicator (KPI)
| ROE | 49.45% |
| ROCE | 27.42% |
| Debt/Equity | - |
| RoNW | 49.77% |
| PAT Margin | 11.85% |
| EBITDA Margin | - |
| Price to Book Value | 9.09 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 26.5 |
| 3 | To meet out the General Corporate Purposes; | 32.88 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Borana Weaves Ltd. Address
Plot No AA/34, B 16/16,
Hojiwala Industrial Estate, SUSML,
Sachin,
Surat, Gujarat, 394230
+91-9898426338
info@boranagroup.in
https://www.boranagroup.in/
Detail Registrar
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
bwl.ipo@kfintech.com
https://ipostatus.kfintech.com/
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