✓
Open
20 May 2025
✓
Close
22 May 2025
3
Allotment
—
✓
Listing
Tue, May 27, 2025
Price Band
₹205 to ₹216
Issue Size
67,08,000 shares (agg. up to ₹145 Cr)
Lot Size
69 Shares
Listing Date
Tue, May 27, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 81.31x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 149.67 | 137.05 | 74.98 | 31.90 |
| Total Income | 215.71 | 199.60 | 135.53 | 42.36 |
| Profit After Tax | 29.31 | 23.59 | 16.30 | 1.80 |
| EBITDA | 46.03 | 41.17 | 26.06 | 5.17 |
| NET Worth | 76.55 | 47.39 | 24.11 | 1.81 |
| Reserves and Surplus | 56.87 | 47.66 | 24.07 | 1.80 |
| Total Borrowing | 54.03 | 69.10 | 38.89 | 27.31 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sanathan Textiles Ltd. | Mainboard | ₹550.00 Cr | ₹321 | 17.25 | ₹388.35 | +20.98% | ₹470.50 |
| NAPS Global India Ltd. | SME | ₹11.88 Cr | ₹90 | 19.27 | ₹102.60 | +14.00% | ₹62.00 |
| Ken Enterprises Ltd. | SME | ₹83.65 Cr | ₹94 | 19.34 | ₹80.75 | -14.10% | ₹38.50 |
| Avax Apparels & Ornaments Ltd. | SME | ₹1.92 Cr | ₹70 | 3.88 | ₹139.65 | +99.50% | ₹35.47 |
| Neelam Linens & Garments (India) Ltd. | SME | ₹13.00 Cr | ₹24 | 14.44 | ₹38.05 | +58.54% | ₹6.65 |
| Paramount Dye Tec Ltd. | SME | ₹28.43 Cr | ₹117 | 14.91 | ₹107.05 | -8.50% | ₹40.55 |
| Divyadhan Recycling Industries Ltd. | SME | ₹24.17 Cr | ₹64 | 28.34 | ₹88.20 | +37.81% | ₹48.90 |
| Avi Ansh Textile Ltd. | SME | ₹25.99 Cr | ₹62 | 18.31 | ₹71.15 | +14.76% | ₹103.50 |
| Gajanand International Ltd. | SME | ₹20.65 Cr | ₹36 | 21.08 | ₹39.90 | +10.83% | ₹8.75 |
| United Cotfab Ltd. | SME | ₹36.29 Cr | ₹70 | 9.7 | ₹78.75 | +12.50% | ₹14.22 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Proposing to finance the cost of establishing a new manufacturing Unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India | 71.35 |
| 2 | Funding incremental working capital requirements | 26.50 |
| 3 | General Corporate Purposes | 32.88 |
| 4 | Issue Expenses | 14.17 |
| Total | 144.89 |
About Borana Weaves IPO
Updated on Aug 5, 2026
Contact Details
Borana Weaves Ltd. AddressPlot No AA/34, B 16/16Hojiwala Industrial Estate, SUSMLSachinSurat, Gujarat, 394230+91-9898426338info@boranagroup.inVisit Website