
Consumer Goods / Textiles · NSE / BSE
Borana Weaves Limited, incorporated in 2020 and headquartered in Surat, Gujarat, is a textile manufacturing company focused on synthetic fabrics and yarn. It mainly produces unbleached synthetic grey fabric used by textile players for dyeing, printing and further processing in fashion, traditional wear, technical textiles and home décor. The company also manufactures polyester textured yarn (PTY), which it processes in-house from POY yarn. With production units in Surat equipped with 15 texturizing machines, 6 warping machines, 700 water jet looms and 10 folding machines (as of September 30, 2024), Borana Weaves operates a B2B model, offering vertically integrated and technology-driven textile manufacturing solutions.
Price Band
₹205 – ₹216
Issue Size
₹145 Cr
Lot Size
69 shares
GMP
+19.9%
Est. Listing
₹259
at current GMP
Subscribed
148.78x
overall
Open
20 May 2025
Close
22 May 2025
Allotment
23 May 2025
Refund
24 May 2025
Demat Credit
25 May 2025
Listing
27 May 2025
Designated Registrar: Kfin Technologies Limited
Allotment Date
23 May 2025
Basis finalization
Refunds Initiate
24 May 2025
Mandate release
Demat Credit
25 May 2025
Shares in demat
Listing Debut
27 May 2025
Trading begins
Borana Weaves Limited is bringing an initial public offering (IPO) in the Consumer Goods / Textiles sector with an aggregate issue size of ₹144.89 Crores. The shares are offered at a price band of ₹205 to ₹216 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-05-22, the basis of allotment is scheduled to be finalized on 2025-05-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.