Borana Weaves IPO allotment status: The basis of allotment for the Borana Weaves IPO shares is likely to be finalised today, Friday, May 23, 2025. The public offering closed for subscription on Thursday, May 22, 2025, receiving overwhelming participation from investors and getting oversubscribed by 148.78 times.
Once the Borana Weaves IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue.
Alternatively, investors can use the following links to check the Borana Weaves IPO allotment status directly:
Borana Weaves IPO final subscription status
The ₹144.89 crore public offering of Borana Weaves, offered at a price band of ₹205–216 with a lot size of 69 shares, received bids for 54,89,17,425 shares against the 36,89,457 shares offered. This led to an oversubscription of 148.78 times by the end of the subscription period, according to data available on the BSE.
Once the allotment is finalized, investors can check their status through the following channels:
- BSE Website: https://www.bseindia.com/investors/appli_check.aspx
- KFin Technologies Website (IPO registrar): https://ris.kfintech.com/ipostatus/
To check the status, keep your PAN, Application Number, or DP Client ID handy.
Final Subscription Numbers
According to BSE data, Borana Weaves received bids for 54,89,17,425 shares against just 36,89,457 shares offered, resulting in a mind-blowing oversubscription of 148.78 times.
Here’s a category-wise subscription breakdown:
- Non-Institutional Investors (NIIs): 237.42x
- Retail Investors (RIIs): 200.53x
- Qualified Institutional Buyers (QIBs): 87.21x
This stellar demand signals strong market faith in Borana Weaves’ business model and growth potential.
Borana Weaves IPO GMP (Grey Market Premium) Today
The Borana Weaves IPO GMP stood at ₹40 on Friday, pushing the expected listing price to ₹256 per share, which is an 18.52% premium over the upper issue price of ₹216.
Note: While GMP reflects strong investor sentiment, it is unofficial and should not be the sole basis for investment decisions.
Borana Weaves IPO Listing Date
- Listing Date: Tuesday, May 27, 2025
- Exchanges: BSE & NSE
Based on current GMP, investors may expect attractive listing gains, although market conditions on listing day may influence the final price.
About Borana Weaves
Borana Weaves Ltd. is a vertically integrated textile company primarily engaged in the manufacturing of:
- Unbleached synthetic grey fabric for dyeing and printing
- Polyester Textured Yarn (PTY) from Polyester Oriented Yarn (POY)
Its products find applications across fashion, home décor, technical textiles, and traditional wear industries. The company’s integrated operations provide cost advantages and flexibility in production.
IPO Details Recap
- Issue Size: ₹144.89 crore
- Price Band: ₹205 – ₹216 per share
- Lot Size: 69 shares
- Minimum Investment: ₹14,904
- Registrar: KFin Technologies
- Lead Managers: Not officially disclosed
