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Borana Weaves Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Borana Weaves Ltd IPO

Registered Office: Plot No.AA/34 B 16/16 Hojiwala,Industrial Estate SUSML Sachin , Surat - 394230 , Gujarat , India.
Phone : +91 98984 26338   Fax:
Email :  info@boranagroup.in  
Website :  https://boranagroup.in/

Initialpublic offering of up to 67,08,000 equity shares of face value of (Rs)10/- each("Equity Shares") of Borana Weaves Limited ("Company" or "Issuer") for cash ata price of (Rs)[*] per equity share (including a share premium of (Rs)[*] perequity share) ("Issue Price") Aggregating up to [*] crores ( "Issue")comprising a fresh issue of up to 67,08,000 equity shares by the companyaggregating up to (Rs)[*] crores ( "Fresh Issue"). The issue shall constitute [*] %of the post-issue paid-up equity share capital of the company.

Price Band (Rs)205 to (Rs)216 per equity shares of face value of  (Rs)10  each.

The floor price is 20.5 time of the face value of the equity shares and the cap price is 21.6 times of the face value of the equity shares.

Bids can be made for a minimum of 69 equity shares in multiples of 69 equity shares.


Issue Money Payable On
Opens On Closes On Application Allotment
20-May-25 22-May-25 (Rs)205.00-216.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :69  Further Multiples of :69

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 137.15  
Post Issue Equity Share Capital 26.65  
Issue Price (Rs)205.00  
 
Projects
Proposing to finance the cost of establishing a new mfg unit to expand its production capabilities to produce grey fabric atGeneral corporate purposes
Funding incremendtal working capital requirements
Promoted By
Mangilal Ambalal Borana  
Ankur Mangilal Borana  
Rajkumar Mangailal Borana  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd