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Borana Weaves Ltd.

Textile

IPO Details
  • Issue Type Book building
  • Price range Rs.205-216
  • Market Lot 69
  • Total Equity Shares 3689457
  • Face Value Rs. 10
  • Listing Date May 27, 2025
IPO Timeline
Opening date May 20, 2025
Closing date May 22, 2025
Listing Date May 27, 2025

IPO Details

Our Company commenced its operations in 2020, and the production from our first unit, Unit 1 located at Plot No.AA/93/P, Hojiwala Industrial Estate, SUSML, Surat, Gujarat, was subsequently started in 2021. As on date, our Companyoperates three manufacturing units in Surat, Gujarat, equipped with textile manufacturing technologies for, inter alia,texturizing, warping, water jet looms, and textile folding.

Projects

1. Project Name: Proposing to finance the cost of establishing a new manufacturing Unit to expand its production

Project Cost: 713.477

2. Project Name: Funding incremental working capital requirements

Project Cost: 265

Promoters

Prmoters Name

1. Mangilal Ambalal Borana

2. Ankur Mangilal Borana

3. Rajkumar Mangilal Borana

4. Dhwani Ankur Borana

5. Mangilal Ambalal Borana HUF

6. Ankur Mangilal Borana HUF

7. Rajkumar Mangilal HUF

8. Borana Filaments Pvt Ltd.

Prmoters Holdings
  • Pre Share Capital: 17382795
  • Pre Promoter Holding: 87.19
  • Offer to Public: 6708000
  • Post Share Capital: 17382795
  • Post Promoter Holding: 65.24

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Beeline Capital Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3270
Total Equity 3689457

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 2012457
No of Shares Bid For Qualified Institutional Buyers 175511298
Total No of Shares Bid For Qualified Institutional Buyers 87.21
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 45344454
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 1932
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 130164912
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 1006200
No of Shares Bid For Non-Institutional Buyers 238890213
Total No of Shares Bid For Non-Institutional Buyers 237.42
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 1914750
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 226638297
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 10337166
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 670800
No of Shares Bid For Retail Individual Investor 134515914
Total No of Shares Bid For Retail Individual Investor 200.53
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 114681588
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 19834326
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 3689457
No of Shares Bid For All 548917425
Total 148.78