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Borana Weaves Limited

  • Minimum Investment
    ₹14,145
  • Price Range
    ₹205 - ₹216
  • Issue Size
    ₹144.89 Cr
  • Lot Size
    69 shares

Proceeds of this IPO to be used for

Proposing to finance the cost of establishing a new manufacturing unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India

Funding incremental working capital requirements

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Borana Weaves Limited

Investment in new technology

The company has invested in water jet looms for producing uniform textured fabric and established fully integrated manufacturing units in a strategic location

Growing demand

The company's industry presence allows it to leverage the expertise of its promoters and manufacturing capabilities to meet customer needs

Strong financial and operating metrics

The company's revenue grew at a CAGR of 116.8%, from Rs 4,233.4 lakh in FY22 to Rs 19,905.6 lakh in FY24. Its restated profit after tax margins were 13.5% & 11.9% for H1FY25, and FY24, respectively

Approvals & permits

The company has applied for a 'Consent to Establish' license for Proposed Unit 4 with the Gujarat Pollution Control Board, to be financed from the proceeds of the Issue. Failure to obtain the necessary approvals or permits may adversely impact the business, financial condition, cash flows, and operations

Geographically concentrated

Most of the company's customers are based in Gujarat, and it does not have long-term agreements with them. Changes or cancellations of purchase orders, or an inability to forecast demand, could negatively impact the business, operations, and financial condition

Dependent on grey fabric sales

The company's business is heavily reliant on the sale of grey fabric. A reduction in sales, production, or pricing of grey fabric could adversely impact its business, operations, cash flows, and financial condition

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Borana Weaves Limited

Borana Weaves Ltd. was incorporated on October 28, 2020. The company is a textile manufacturer based in Surat, Gujarat, specializing in unbleached synthetic grey fabric. This fabric is widely used in industries such as fashion, traditional textiles, and home decor for further processing, like dyeing and printing.
  • Promoter
    Mangilal Ambalal Borana
  • Promoter
    Ankur Mangilal Borana
  • Promoter
    Rajkumar Mangilal Borana
  • Promoter
    Dhwani Ankur Borana
  • Promoter
    Mangilal Ambalal Borana HUF
  • Promoter
    Ankur Mangilal Borana HUF

Borana Weaves Limited IPO FAQs

What is Borana Weaves Limited IPO?

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Borana Weaves Limited IPO refers to the initial public offering of shares by Borana Weaves Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Borana Weaves Limited IPO?

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For Borana Weaves Limited IPO the issue size is ₹145 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Borana Weaves Limited IPO?

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For Borana Weaves Limited IPO the minimum investment is ₹14,145. The minimum investment for Borana Weaves Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Borana Weaves Limited IPO?

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For Borana Weaves Limited IPO the lot size is 69 shares. The lot size of Borana Weaves Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Borana Weaves Limited IPO on Share.Market?

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To apply for Borana Weaves Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Borana Weaves Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Borana Weaves Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Borana Weaves Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Borana Weaves Limited IPO?

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For Borana Weaves Limited IPO the allotment date is May 23, 2025. The allotment date of Borana Weaves Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Borana Weaves Limited IPO?

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For Borana Weaves Limited IPO, the subscription opens on May 20, 2025 and closes on May 22, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
148.69x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
148.69x Oversubscribed
Trade