As India’s second mainboard upcoming IPO of FY26, after Ather Energy, the Borana Weaves IPO 2025 is generating buzz among retail and institutional investors alike. Here’s a detailed look into Borana Weaves IPO details, pricing, and key dates.
Borana Weaves IPO
Borana Weaves has announced its IPO with a price range set between ₹205 and ₹216 per share. The offering is structured with 75% reserved for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 10% for retail investors, indicating a strong institutional push. The shares are scheduled to be listed on both the BSE and NSE on May 27, 2025, with the allotment date confirmed as May 23, 2025.
From a financial standpoint, Borana Weaves has demonstrated consistent and healthy growth. In FY2024, the company posted a revenue of ₹199.60 crores, a notable jump from ₹135.53 crores in FY2023. Net profit also reflected a positive trajectory, rising to ₹23.59 crores from ₹16.30 crores year-on-year. This upward trend suggests operational efficiency and expanding market presence.
Given the company’s robust financial performance and the balanced allocation structure, this IPO may hold meaningful long-term value for investors. Those with a strategic, growth-oriented perspective may consider this issue a solid candidate for their long-term investment portfolio.
Borana Weaves IPO Details
| IPO Open Date | May 20, 2025 |
| IPO Close Date | May 22, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹205 to ₹216 Per Share |
| Issue Size | Approx. ₹144.89 Crores |
| Fresh Issue | Approx. ₹144.89 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE & NSE |
| Retail Quota | Not more than 10% |
| QIB Quota | Not more than 75% |
| NII Quota | Not more than 15% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
| Anchor Investors List | Click Here |
Borana Weaves IPO Market Lot
The minimum market lot of Borana Weaves IPO is 69 shares with ₹14,904 application amount. The retail investors can apply up-to 13 lots with 897 shares of ₹1,93,752 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 69 | ₹14,904 |
| Retail Maximum | 13 | 897 | ₹1,93,752 |
| S-HNI Minimum | 14 | 966 | ₹2,08,656 |
| S-HNI Maximum | 68 | 4,692 | ₹10,13,472 |
Borana Weaves IPO Dates
| IPO Open Date | May 20, 2025 |
| IPO Close Date | May 22, 2025 |
| Basis of Allotment | May 23, 2025 |
| Refunds | May 26, 2025 |
| Credit to Demat Account | May 26, 2025 |
| IPO Listing Date | May 27, 2025 |
Promoters of Borana Weaves IPO
The company’s promoters are 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.
About Borana Weaves IPO
Established in 2020, Borana Weaves Ltd has swiftly emerged as a distinguished force in the textile sector, renowned for its precision-driven transformation from raw yarn to refined fabric. The company has anchored its operations in cutting-edge technology, integrating 24 state-of-the-art high-speed water jet looms that act as the backbone of its streamlined and high-efficiency production line. These machines not only enhance output but also maintain superior fabric quality.
Borana Weaves is not merely focused on consistent delivery; it envisions future-forward expansion and is strategically positioning itself to explore new frontiers in textile innovation. The firm’s commitment extends from producing premium-quality yarns—from POY to PTY—to mastering intricate processes such as warping, sizing, and weaving. Each stage reflects technical finesse and a deep understanding of textile science, reinforcing the company’s stature as a forward-thinking and quality-centric manufacturer.
Borana Weaves IPO Company Financials
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹42.36 | ₹40.17 | ₹1.80 | ₹31.90 |
| 2023 | ₹135.53 | ₹115.63 | ₹16.30 | ₹74.98 |
| 2024 | ₹199.60 | ₹171.21 | ₹23.59 | ₹137.05 |
| September 2024 | ₹215.71 | ₹179.40 | ₹29.31 |
₹149.67 |
Borana Weaves Valuation
| KPI | Values |
| ROE | 49.45% |
| ROCE | 27.42% |
| EBITDA Margin | 20.68% |
| PAT Margin | 11.85% |
| Debt to Equity Ratio | 1.87 |
| Earning Per Share | ₹11.83 (Basic) |
| Net Asset Value | ₹23.77 |
Objects of the Issue
- Capital expenditure for establishment of new manufacturing unit at Surat, India;
- General corporate purposes
Also Read:
Belrise Industries IPO 2025: ₹2,150 Cr Issue Opens on May 21- All You Need to Know!
Borana Weaves IPO-Check Latest GMP and Subscription Status on Day 1
Borana Weaves IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Merchant Bankers
- Beeline Capital Advisors Ltd.
Company Address
Borana Weaves Limited
Plot No AA/34, B 16/16,
Hojiwala Industrial Estate, SUSML,
Sachin,
Phone: +91-9898426338
Email: [email protected]
Website: https://www.boranagroup.in/
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
