IPO SYNOPSIS

Borana Weaves Ltd
Registered Office:
Plot No.AA/34 B 16/16 Hojiwala,Industrial Estate SUSML Sachin,
Surat - 394230,
Gujarat, India.
Initial public offering of 67,08,000* equity shares of face value of (₹) 10/- each ("Equity Shares") of Borana Weaves Limited ("Company" or "Issuer") for cash at a price of (₹) 216/- per equity share (including a share premium of (₹) 206/- per equity share) ("Issue Price") aggregating to 144.89* crores ( "Issue") comprising a fresh issue of 67,08,000* equity shares by the company aggregating to (₹) 144.89* crores ( "Fresh Issue"). The issue constitutes 25.18% of the post-issue paid-up equity share capital of the company. * Subject to finalisation of basis of allotment.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
20-May-25
22-May-25
216.00-0.00
0.00-0.00
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
144.89
 
Post Issue
26.65
 
Issue Price
216.00
 
Projects
Proposing to finance the cost of establishing a new mfg unit to expand its production capabilities to produce grey fabric at
Funding incremendtal working capital requirements
General corporate purposes
Promoted By
Mangilal Ambalal Borana
Ankur Mangilal Borana
Rajkumar Mangailal Borana
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
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