Borana Weaves Limited IPO Date, Price, Review and Details
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Borana Weaves Limited IPO
Borana Weaves Limited IPO is a textile
manufacturer located in Surat, specializing in producing synthetic
Gray fabric. This cloth acts as a basic material for further processes, such as
staining and printing, in various industries, including fashion, traditional
textiles, technical textiles, residential decorations and internal designs. They
believe that they are well placed to utilize the increasing demand in this region. Their
presence in the industry allows them to benefit from the expertise of their promoters
and production skills to meet customer needs.
Company Promoters
- Mangilal
Ambalal Borana
- Ankur
Mangilal Borana
- Rajkumar
Mangilal Borana
- Dhwani
Ankur Borana
- Mangilal
Ambalal Borana Huf
- Ankur
Mangilal Borana Huf
- Rajkumar
Mangilal Borana Huf
- Borana
Filaments Private Limited
Objects of this Issue:
- Proposing
to finance the cost of establishing a new manufacturing Unit to expand its
production capabilities to produce grey fabric at Surat, Gujarat, India.
- Funding
incremental working capital requirements.
- General
Corporate Purposes
Financial Information of the Company:
|
Amount in Million
(Rs.) |
||
As on 31 Mar 2024 |
As on 31 Mar 2023 |
As on 31 Mar 2022 |
|
Total Assets |
13,705.39 |
7,497.75 |
3,190.38 |
Total Liabilities |
8,935.72 |
5,086.72 |
3,009.52 |
Net Profit |
2,358.64 |
1,630.09 |
179.86 |
Borana Weaves Limited IPO Schedule
1. Bid or Offer Opens on: 20
May 2025
2. Bid or Offer Closes on: 22 May 2025
3. Tentative Allotment: 23 May 2025
4. Initiation of Refunds: 26 May 2025
5. Credit of share to Demat account: 26 May 2025
6. Tentative Listing Date: 27 May 2025
Borana Weaves Limited IPO Lot Size
The market lot size for the BORANA WEAVES LIMITED IPO is 1
share.
Application |
Lots |
Shares |
Amount |
|
Retail |
Minimum |
1 |
69 |
₹14,904 |
Maximum |
13 |
897 |
₹1,93,752 |
|
S-HNI |
Minimum |
14 |
966 |
₹2,08,656 |
S-HNI |
Maximum |
67 |
4,623 |
₹9,98,568 |
B-HNI |
Minimum |
68 |
4,692 |
₹10,13,472 |
Company Contact Details:
Hexaware Technologies Limited
Plot No AA/34, B 16/16, Hojiwala Industrial Estate,
SUSML,
Sachin, Surat, Gujarat, India – 394230.
Phone: +91-9898426338
Email: info@boranagroup.in
Website: https://www.boranagroup.in/
Borana Weaves Limited IPO Registrar Details:
KFIN Technologies LimitedC-101, 1st Floor, 247 Park L.B.S. Marg, Vikhroli
(West)Mumbai 400 083 Maharashtra, India
Phone: 040-67162222/18003094001
Email: bwl.ipo@kfintech.com
Website: www.kfintech.com
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