Borana Weaves Share Price Jumps 18% on BSE, 17% on NSE Post Listing

Borana Weaves IPO opened for subscription on May 20, 2025, and ended on May 22, 2025. 

It was a book-built issue of ₹144.89 crore. The issue was a fresh issue of 0.67 crore shares. The Borana Weaves IPO price band was set at ₹216 per share. 

On Day 3 of subscription, May 22, as of 6:19 PM, Borana Weaves IPO was subscribed 147.85 times. QIBs subscribed 85.53x, NIIs subscribed 237.41x, and retail investors subscribed 200.50x.

The share allotment was finalised on Friday, May 23, 2025, and the shares were listed on BSE and NSE on Tuesday, May 27, 2025.

Borana Weaves Share Price

On the listing day, on the NSE, Borana Weaves share price (NSE: BORANA) opened at ₹243.00, up from its issue price of ₹216.00. At 10:03 AM, the share price was trading at ₹253.00, up by 17.13% from its issue price and 4.12% from its opening price. As of the same time, the stock touched its day’s high at ₹254.65. The company’s market cap was ₹674.13 crore. 

On the BSE, at 10:05 AM, Borana Weaves share price was trading at ₹255.10, up by 4.98% from its opening price of ₹243.00 and 18.10% up from its issue price of ₹216.00.

About Borana Weaves Limited

Borana Weaves is based in Surat and specialises in manufacturing unbleached synthetic grey fabric. This fabric serves as a foundational material for further processing such as dyeing and printing across various industries, including fashion, traditional textiles, technical textiles, home décor, and interior design. In addition to grey fabric, the Company produces polyester textured yarn (PTY Yarn), which is manufactured by heating polyester oriented yarn (POY Yarn), the raw material also used in the production of grey fabric.

Also Read: Olectra Share Price in Focus; Profit Nearly Doubles in FY25 Results!

Conclusion

Borana Weaves made a market debut, listing at a premium and witnessing intraday gains on both NSE and BSE. The stock’s performance reflects investor interest and positive market sentiment.

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