
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
Overall Subscription
148.78x
Total Demand
QIB Multiplier
87.21x
Institutions & Funds
NII / HNI
237.42x
High Net-Worth
Retail (RII)
200.53x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,012,457 | 175,511,298 | 87.21x |
| NIB | 1,006,200 | 238,890,213 | 237.42x |
| HNIs(10L +) | 670,800 | 160,814,574 | 239.74x |
| HNIs (2-10L) | 335,400 | 78,075,639 | 232.78x |
| RETAIL | 670,800 | 134,515,914 | 200.53x |
| Total | 4,695,657 | 787,807,638 | 148.78x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 9,722 | 1,619,492 | 166.58x |
| HNIs(10L +) | 694 | 33,086 | 47.67x |
| HNIs (2-10L) | 347 | 77,727 | 224.00x |
| Total Applications | 10,763 | 1,730,305 | 160.76x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Borana Weaves Limited IPO is ₹43 per equity share. Based on the upper price band of ₹205 to ₹216 per equity share, the estimated listing price is ₹259 (+19.9% expected listing gain).
With a lot size of 69 shares and current GMP of ₹43, the expected profit per application lot is approx ₹2,967 (+19.9% gain). Minimum application cost is approx ₹14,904.
The Borana Weaves Limited IPO aggregate issue size is ₹144.89 Crores with an equity price band set at ₹205 to ₹216 per equity share. The retail lot size is 69 shares requiring a minimum capital outlay of approx. ₹14,904.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 148.78x (Retail: 200.53x, QIB: 87.21x, NII: 237.42x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-05-23. Investors can verify status using PAN card or application number.
Borana Weaves Limited shares are scheduled to list on NSE and BSE on 2025-05-27.