Borana Weaves IPO Allotment Status

Borana Weaves IPO  is a book-built issue IPO, aiming to raise ₹144.89 crore. It is an entirely fresh issue of 67.08 lakh shares. The bidding window was open from May 20, 2025, to May 22, 2025, with the IPO allotment to be finalised today on May 23, 2025. Borana Weaves is scheduled to list on BSE and NSE on May 27, 2025.

The IPO was priced at a range of ₹205 – ₹216 per share with a lot size of 69 shares. The public issue received bids for 54,54,99,303 shares against 36,89,457 shares available, resulting in an overall subscription of 147.85 times. NIIs led the response, subscribing 237.41 times their quota, followed by retail investors at 200.50 times.

How to Check Borana Weaves IPO Allotment Status Online on NSE?

• Go to the application status page.
• Select "Equity and SME IPO bids".
• Choose "Borana Weaves" from the Issue Name dropdown.
• Provide your Application Number or PAN.
• Click on Submit.

How to Check Borana Weaves IPO Allotment Status Online on BSE?

• Go to the application status page.
• Select "Equity" under the Issue Type.
• Choose "Borana Weaves" from the Issue Name dropdown.
• Provide your Application Number or PAN.
• Click on “I am not a robot” and submit.

How to Check Borana Weaves IPO Allotment Status Online on the Registrar’s Website?

• Go to the registrar’s official website.
• Select "Borana Weaves" from the company list.
• Enter your Client ID, Application Number, or PAN.
• Click on Submit.

Borana Weaves IPO Details

Borana Weaves's ₹144.89 crore IPO, priced between ₹205 – ₹216 per share, was subscribed 2.96 times overall. The IPO is an entirely fresh issue of 67.08 lakh shares. Bidding took place from May 20 to May 22, 2025, with the Borana Weaves IPO allotment status on May 23, 2025. Retail investors subscribed 200.50 and NIIs 237.41 times. Listing is expected on May 27, 2025.

Allocation Quota for Borana Weaves

The table below breaks down the Borana Weaves share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.

Data Source: NSE

Borana Weaves IPO – Overall Subscription Status

Note: The subscription details are as of May 22, 2025

Borana Weaves Business Overview

Borana Weaves Limited was originally incorporated as Borana Weaves Private Limited on October 28, 2020, under the Companies Act, 2013. It was subsequently converted into a public limited company and renamed Borana Weaves Limited on September 24, 2024.

The company is engaged in the manufacturing of unbleached synthetic grey fabric, a foundational material used in dyeing, printing, and finishing processes across industries such as fashion, home décor, and technical textiles. It also manufactures polyester textured yarn (PTY Yarn), derived from polyester oriented yarn (POY Yarn), which is a key raw material in its operations.

Borana Weaves operates three manufacturing units in Surat, Gujarat, and is in the process of establishing a fourth unit to expand its production capacity. The company’s operations are strategically located in the textile hub of South Gujarat, enabling efficient access to suppliers and customers.

With a focus on quality, scalability, and innovation, Borana Weaves aims to strengthen its position in the synthetic textile segment and cater to growing domestic and international demand.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.