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BORANAEQ / NSE, BSEListed
Borana Weaves

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.

₹205 - ₹216148.78x sub
Listed Price₹243.00
Listing Gain+12.50%

IPO Schedule & Timeline

Bookbuilding IPO
Open20 May 2025
Close22 May 2025
Allotment23 May 2025
Listing27 May 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB50,31,000 shares
75%
Nii (hni)10,06,200 shares
15%
Retail67,08,000 shares
10%

Minimum Application Lots

Retail1 Lot (69 shares)
₹14,904
sHNI14 Lots (966 shares)
₹2,08,656
bHNI68 Lots (4,692 shares)
₹10,13,472

Company Promoters

Mangilal Ambalal BoranaAnkur Mangilal BoranaRajkumar Mangilal BoranaDhwani Ankur BoranaMangilal Ambalal Borana HUFAnkur Mangilal Borana HUFRajkumar Mangilal HUFBorana Filaments Private Limited

Company Background

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 man...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-24)₹215.71 Cr
Growth+409.2%
Revenue Trend (₹ in Crores)
0.082.7165.4248.1Mar-22Mar-23Mar-24Dec-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-24215.7129.31149.6754.03
Mar-24199.6023.59137.0569.10
Mar-23135.5316.3074.9838.89
Mar-2242.361.8031.9027.31

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-2414.738.16%27.11%01.47
Mar-2411.8349.45%27.42%18.260
Mar-2310.8867.61%34.93%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
23 May 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
27 May 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Borana Weaves. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization23 May 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date27 May 2025Trading commences on exchange

How to Check Borana Weaves Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Borana Weaves from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Borana Weaves IPO

Complete issue overview for Borana Weaves (BORANA) IPO. The issue features an equity share price band of ₹205 – ₹216 per share with a minimum retail lot size of 69 Shares (minimum application amount of ₹14,904). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions