
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.
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Share allotment finalised
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Shares list on NSE / BSE
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| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 69 | ₹14,904 | 13 | ₹193,752 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 966 | ₹208,656 | 67 | ₹998,568 | ₹2L – ₹10L |
| bHNI (Big HNI) | 68 | 4692 | ₹1,013,472 | 73 | ₹1,087,992 | > ₹10L |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 3,420,428 | 72 | 0 | 0.00x | 100% |
| NII | 15% | 1,026,128 | 21.6 | 0 | 0.00x | 100% |
| Retail | 35% | 2,394,299 | 50.4 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).