₹ 14904
₹205- ₹216
69
₹243
12
22 May 2025
Download26 May 2025
27 May 2025
Application Details
The Borana Weaves IPO is scheduled to open on May 20, 2025, and will close on May 22, 2025. The issue is a Book Built IPO and will be listed on both BSE and NSE, with the listing date set for Tuesday, May 27, 2025. The price band for the IPO is fixed between ₹205 to ₹216 per share, and the lot size is 69 shares. Investors can apply for a minimum of 1 lot (69 shares) at ₹14,904 and up to a maximum of 13 lots (897 shares), amounting to ₹1,93,752. The total issue size comprises 67,08,000 fresh equity shares, aggregating up to ₹144.89 crore. Before the issue, the company had 1,99,37,295 shares outstanding, which will increase to 2,66,45,295 shares post-issue.
Key dates in the IPO timeline include the basis of allotment on May 23, initiation of refunds and credit of shares to demat accounts on May 26, and listing on May 27, 2025. Investors using the UPI payment option must confirm their mandates by 5 PM on May 22, 2025.
About Borana Weaves Limited
Company Overview
As the Indian textile industry continues to evolve, one Surat-based company is making its mark through consistent growth and a focused product line. Incorporated in 2020, this emerging textile manufacturer has quickly scaled operations to become a recognized producer of unbleached synthetic grey fabric and polyester textured yarn (PTY Yarn)—both essential inputs in various downstream textile processes. With its strategic presence in Gujarat’s textile hub, the company is well-positioned to benefit from the growing demand for synthetic fabrics across fashion, home décor, technical textiles, and traditional garments.
Manufacturing Facilities
The company operates three manufacturing units in the Hojiwala Industrial Estate in Sachin, Surat. These units span over 17,000 sq. m. combined and are equipped with modern textile technologies, including:
- 15 texturizing machines
- 6 warping machines
- 700 water jet looms
- 10 folding machines
All facilities have been designed with operational efficiency in mind and use machinery supplied by reputable domestic and international vendors. Production began at Unit 1 in 2021, and today, all three units support scalable, high-volume manufacturing.
Products & Services
The company focuses on the production of:
- Unbleached synthetic grey fabric: A base fabric used for dyeing, printing, and finishing by other textile businesses. It caters to sectors such as fashion, home décor, traditional and technical textiles.
- Polyester Textured Yarn (PTY Yarn): Made by processing Polyester Oriented Yarn (POY Yarn), this yarn is integral to fabric production and widely used in the weaving sector.
With its core product portfolio, the company serves as a vital link in the textile value chain, providing raw materials that are further enhanced by dyeing and finishing units across India.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.