Recently Viewed
Clear AllBidding Date
20-May-2025 to
22-May-2025
Issue Size
₹144.89 Cr
Price Band
₹205 to ₹216
Allotment date
23-May-2025
Listing date
27-May-2025
Lot size
69
No. of shares
67,08,000
Fresh issue/OFS
₹144.89 Cr /--
Incorporated in 2020 and based in Surat, Gujarat, Borana Weaves Ltd is a textile manufacturer specializing in unbleached synthetic grey fabric and polyester textured yarn (PTY Yarn). Its products serve as essential inputs for various downstream applications, including dyeing, printing, and manufacturing in sectors such as fashion, home décor, and technical textiles. Operating from three technologically equipped units in Surat, the company employs advanced machinery for processes like texturizing, warping, and weaving. With a strong presence in Gujarat and a customer base largely comprising wholesalers, the company has achieved rapid growth, driven by rising demand for affordable and durable synthetic textiles in the domestic and global markets.
Read our in-depth analysis of the Borana Weaves Ltd IPO Here
Category
Status
QIBs
87.2x
NIIs
237.4x
Retail
200.1x
Others
--
Total
148.7x
The issue size of Borana Weaves Ltd is ₹144.89 Cr.
Borana Weaves Ltd falls into Textiles and Leather industry.
The Borana Weaves Ltd IPO will be listed on both NSE and BSE.
The open and close dates for the Borana Weaves Ltd are 20-May-2025 & 22-May-2025.
The price band for the Borana Weaves Ltd ipo is ₹205 to ₹216
The listing date of Borana Weaves Ltd IPO is 27-May-2025.
The purpose of this IPO is to raise fresh capital.
Borana Weaves Ltd total subscription ratio is 148.7X.
Key financial of the Borana Weaves Ltd are:
Borana Weaves Ltd | FY-24 | FY-23 | FY-22 |
---|---|---|---|
Revenue (₹ Cr) | 199.06 | 135.4 | 42.33 |
EBIT (₹ Cr) | 32.07 | 22.02 | 3.56 |
Proft after Tax (₹ Cr) | 23.59 | 16.3 | 1.8 |
Debt (₹ Cr) | 69.1 | 38.89 | 27.31 |
Net Worth (₹ Cr) | 47.7 | 24.11 | 1.81 |
RoE (%) | 49.45 | 67.61 | 99.45 |