About Borana Weaves Limited IPO
Borana Weaves Limited is a Surat-based textile manufacturer specializing in unbleached synthetic grey fabric and polyester textured yarn (PTY Yarn). Established in 2020, the company serves as a key supplier to industries like fashion, home decor, and technical textiles, providing base fabrics for dyeing, printing, and further processing. With three advanced manufacturing units in Surat, Borana Weaves operates 700+ water jet looms, 15 texturizing machines, and other cutting-edge equipment, ensuring high-quality production for domestic and international markets.
The company’s competitive strength lies in its vertically integrated operations, combining raw material processing (POY Yarn) with fabric manufacturing. By focusing on scalability and technological efficiency, Borana Weaves caters to diverse textile applications—from traditional apparel to technical textiles. Its Surat-based infrastructure positions it as a growing player in India’s thriving synthetic textile sector.
Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹14,904 | 1 | 69 |
Borana Weaves Limited IPO Details
| IPO Date | May 20, 2025 to May 22, 2025 |
| Listing Date | Tue, May 27, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹205 to ₹216 per share |
| Lot Size | 69 Shares |
| Total Issue Size | 67,08,000 shares (aggregating up to ₹144.89 Cr) |
| Fresh Issue | 67,08,000 shares (aggregating up to ₹144.89 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,99,37,295 shares |
| Share Holding Post Issue | 2,66,45,295 shares |
| IPO Open Date | Tue, May 20, 2025 |
| IPO Close Date | Thu, May 22, 2025 |
| Tentative Allotment | Fri, May 23, 2025 |
| Initiation of Refunds | Mon, May 26, 2025 |
| Credit of Shares to Demat | Mon, May 26, 2025 |
| Tentative Listing Date | Tue, May 27, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 22, 2025 |
Borana Weaves Limited IPO Prospectus
Borana Weaves Limited Financial Snapshot (in Crore)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 149.67 | 137.05 | 74.98 | 31.90 |
| Revenue | 215.71 | 199.60 | 135.53 | 42.36 |
| Profit After Tax | 29.31 | 23.59 | 16.30 | 1.80 |
| 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 |
Borana Weaves Limited Promoters Holding
Mangilal Ambalal Borana, Ankur Mangilal Borana, Rajkumar Mangilal Borana, Dhwani Ankur Borana, Mangilal Ambalal Borana HUF, Ankur Mangilal Borana HUF, Rajkumar Mangilal HUF And Borana Filaments Private Limited
Borana Weaves Limited IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: apl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Borana Weaves Limited IPO Lead Manager(s)
Beeline Capital Advisors Pvt Ltd
Borana Weaves Limited Contact Details
Borana Weaves Limited
Plot No AA/34, B 16/16,
Hojiwala Industrial Estate, SUSML, Sachin,
Phone: +91-9898426338
Email: info@boranagroup.in
Website: https://www.boranagroup.in/
