Borana Weaves IPO: Should You Invest in This Textile Powerhouse? IPO Dates, Price Band, GMP & More
Key Overview
π Indiaβs booming textile sector is spinning a new success story β and this time, itβs woven in Surat. The Borana Weaves IPO has hit the markets today with strong financials and ambitious expansion goals. But is it worth your money?
Letβs unravel the opportunity in this exclusive IPO Deep Dive for investors like you.
π Borana Weaves IPO Snapshot
| Detail | Information |
|---|---|
| IPO Open Date | 20th May 2025 |
| IPO Close Date | 22nd May 2025 |
| Price Band | βΉ205 β βΉ216 per share |
| Market Lot | 69 Shares |
| Issue Size | βΉ144.89 Cr (Fresh Issue) |
| Listing At | NSE, BSE |
| IPO Type | Book Built Issue |
| Face Value | βΉ10 per equity share |
| Retail Quota | Not more than 10% |
| Listing Date (Tentative) | 27th May 2025 |
π About Borana Weaves: Suratβs Textile Titan
π― From Yarn to Legacy
Borana Weaves is a vertically integrated textile manufacturing company based in Surat, Gujarat β Indiaβs textile heartland. Specializing in unbleached synthetic grey fabric and polyester textured yarn (PTY), the company serves industries like:
- Traditional Textiles
- Home Decor & Interiors
- Technical Textiles
With three state-of-the-art units and a massive fleet of machines (700+ water jet looms and 15 texturizing machines), itβs no surprise the company raked in βΉ199.05 Cr in FY24 revenue.
𧡠A quiet giant, now weaving its way to Dalal Street.
π‘ Why This IPO, Why Now?
The timing couldnβt be more strategic. With increasing demand for synthetic and technical textiles globally, Borana Weaves wants to:
- Expand capacity with a new grey fabric manufacturing unit
- Meet increasing working capital needs
- Strengthen balance sheet for future growth
β‘οΈ The βΉ144.89 Cr IPO will fund exactly that β signaling expansion mode and long-term vision.
π§Ύ Borana Weaves Financials: Steady Growth
π Key Financials (βΉ in Crore)
| Period Ended | Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|
| Dec 2024 | 215.71 | 29.31 | 76.55 | 54.03 |
| Mar 2024 | 199.60 | 23.59 | 47.39 | 69.10 |
| Mar 2023 | 135.53 | 16.30 | 24.11 | 38.89 |
| Mar 2022 | 42.36 | 1.80 | 1.81 | 27.31 |
π Growth Highlights:
- Revenue CAGR (FY22βFY24): >100%
- PAT CAGR: ~180%
- Net Worth up 40x in two years!
π§ The numbers donβt lie β Borana is growing fast, and profitably.
𧡠Strengths of Borana Weaves
β
Vertical Integration: Own yarn + fabric production = lower costs & better margins
β
Modern Manufacturing Units: Tech-enabled plants in Surat
β
Consistent Client Base: 170+ customers & repeat orders
β
Strong Promoter Track Record: Deep roots in the textile ecosystem
β οΈ Risks to Watch Before You Invest
β οΈ High reliance on synthetic textiles β exposed to raw material price swings
β οΈ Geographic concentration β all units in Surat
β οΈ Highly competitive industry β pricing power may be limited
β οΈ Low retail quota β can affect allotment chances
π§ Grey Market Buzz & Investor Sentiment
π¬ GMP (Grey Market Premium): βΉ60
The grey market is showing [moderate/strong] interest in Borana Weaves, signaling a possible listing gain. However, final GMP can fluctuate β so stay tuned close to the listing date.
π― Should You Invest in this IPO?
Borana Weaves ticks several boxes for growth-focused investors:
βοΈ Strong financial track record
βοΈ Clear expansion strategy
βοΈ Sectoral tailwinds in textiles
βοΈ Reasonable valuations (compared to industry peers)
However, if you’re risk-averse or looking for quick listing gains, monitor GMP trends closely before applying.
π Key IPO Dates to Remember
| Event | Date |
|---|---|
| IPO Opens | 20th May 2025 |
| IPO Closes | 22nd May 2025 |
| Basis of Allotment | 23rd May 2025* |
| Refunds Initiation | 26th May 2025* |
| Credit to Demat | 26th May 2025* |
| IPO Listing Date | 27th May 2025* |
π¬ How to Apply
Apply via any of the following:
- UPI through your broker (Zerodha, Groww, Upstox, etc.)
- Net banking ASBA route
- Through KFin Technologies (IPO status link)
π£ Your Turn: Are You Applying?
Do you think Borana Weaves IPO can thread its way to listing day glory? Share your thoughts or questions in the comments below!
π Quick Links
- π Borana Weaves Website
- π IPO Registrar – KFin Technologies
- π Investor Helpline: +91-9898426338 | Email: [email protected]
Stay connected for more IPO Deep Dives β Follow us for daily insights on Indian IPOs, stocks, and investing strategies.
