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Borana Weaves Limited

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 Price243.00
Listing Gain+12.50%
TimelineBookbuilding IPO
Open20 May 2025
Close22 May 2025
Allotment23 May 2025
Listing27 May 2025

Quota Reservation Portions

QIBPortion: 50,31,000 shares
75%
Nii (hni)Portion: 10,06,200 shares
15%
RetailPortion: 67,08,000 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 69 shares
₹14,904
sHNI14 lots / 966 shares
₹2,08,656
bHNI68 lots / 4,692 shares
₹10,13,472

About the Company

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.

Company Promoters

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