IPO Synopsis


Borana Weaves Ltd

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/

Initial public offering of 67,08,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Borana Weaves Limited ("Company" or "Issuer") for cash at a price of Rs. 216/- per equity share (including a share premium of Rs. 206/- per equity share) ("Issue Price") aggregating to 144.89* crores ( "Issue") comprising a fresh issue of 67,08,000* equity shares by the company aggregating to Rs. 144.89* crores ( "Fresh Issue"). The issue constitutes 25.18% of the post-issue paid-up equity share capital of the company. * Subject to finalisation of basis of allotment.

Issue Money Payable On
Opens on Closes On Application Allotment
20-May-25 22-May-25 216.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 69   Further Multiples of : 69
  Rs(Cr.) Lead Managers to the Issue
Project Cost 130.73 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 144.89  
Post Issue Equity Share Capital 26.65  
Issue Price 216.00  

Project

  • Proposing to finance the cost of establishing a new mfg unit to expand its production capabilities to produce grey fabric at
  • Funding incremendtal working capital requirements
  • General corporate purposes

Promoted By

Mangilal Ambalal Borana

Ankur Mangilal Borana

Rajkumar Mangailal Borana

Listing At

BSE

NSE

Registrar to the Issue

No Data Available