IPO IPO-Synopsis
Borana Weaves Ltd

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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/

Initialpublic offering of up to 67,08,000* equity shares of face value of Rs10/- each("Equity Shares") of Borana Weaves Limited ("Company" or "Issuer") for cash at a price of Rs216 per equity share (including a share premium of Rs206 perequity share) ("Issue Price") Aggregating up to Rs144.89* crores ( "Issue")comprising a fresh issue of up to 67,08,000* equity shares by the company aggregating up to Rs144.89* crores ( "Fresh Issue"). The issue shall constitute [*] %of the post-issue paid-up equity share capital of the company.

* Subject to finalisation of Basis of Allotment. 

the face value of the equity shares is ? 10 each and the issue price is 21.60 times the face value of the equity shares

The face value of the equity shares is Rs 10 each and the issue price is 21.60 times the face value of theequity shares.

 

the face value of the equity shares is ? 10 each and the issue price is 21.60 times the face value of the equity shares

 


Issue Money Payable On
Opens On Closes On Application Allotment
20-May-25 22-May-25 Rs216.00-0.00 Rs0.00-0.00
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 Rs216.00  
Projects
Proposing to finance the cost of establishing a new mfg unit to expand its production capabilities to produce grey fabric atGeneral corporate purposes
Funding incremendtal working capital requirements
Promoted By
Mangilal Ambalal Borana
Ankur Mangilal Borana
Rajkumar Mangailal Borana
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd