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Borana Weaves IPO

Borana Weaves IPO

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Registrar: KFIN Technologies Limited · Listing 2025-05-27
IPO Timeline
Today · 20 Oct 2026
Opens
20 May 2025
Closes
22 May 2025
Allotment
23 May 2025
Refund
26 May 2025
Demat
26 May 2025
Listing
27 May 2025
Price Band
₹205–216
GMP
₹0
0%
Lot Size
69 Shares
Min ₹14,904
Subscription
0x
Issue Size
₹144 Cr
Open
2025-05-20
Close
2025-05-22
Listing
2025-05-27

About the company

Incorporated in 2020, Borana Weaves Limited is a textile manufacturer based in Surat, Gujarat, India, specialising in the production of unbleached synthetic grey fabric and polyester textured yarn (PTY Yarn). The fabrics produced by the company are an important part of the textile supply chain, which are processed further across various industries, including fashion, traditional textiles, home décor and others to make finished products. Borana Weaves operates three manufacturing units in Surat, Gujarat and plans to establish a 4th manufacturing unit to expand its production capabilities.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 27 May 2025
      Listed 511 days ago
      1. IPO Opens

        Completed
        20 May 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        22 May 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        23 May 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        26 May 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        26 May 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        27 May 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      69 shares
      Price / Share (upper)
      ₹216
      Min Investment (1 lot)
      ₹14,904
      Price Band
      ₹205–216
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      69
      Min amount
      ₹14,904
      Max amount
      ₹193,752
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      14
      Min shares
      966
      Min amount
      ₹208,656
      Max amount
      ₹998,568
      bHNI (Big HNI)
      > ₹10L
      Min lots
      68
      Min shares
      4692
      Min amount
      ₹1,013,472
      Max amount
      ₹1,087,992

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹72 Cr
      Shares offered
      3,420,428
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹21.6 Cr
      Shares offered
      1,026,128
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹50.4 Cr
      Shares offered
      2,394,299
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).