IPO Synopsis

Borana Weaves Ltd
Registered Office: Plot No.AA/34 B 16/16 Hojiwala,Industrial Estate SUSML Sachin,Surat-394230, Gujarat
Tel. No: +91 98984 26338
Fax No:
Email: info@boranagroup.in
Website: https://boranagroup.in/
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:arial,sans-serif">Initialpublic offering of up to 67,08,000* equity shares of face value of Rs.10/- each("Equity Shares") of Borana Weaves Limited ("Company" or "Issuer") for cash at a price of Rs. 216 per equity share (including a share premium of Rs. 206 perequity share) ("Issue Price") Aggregating up to Rs.144.89* crores ( "Issue")comprising a fresh issue of up to 67,08,000* equity shares by the company aggregating up to Rs. 144.89* crores ( "Fresh Issue"). The issue shall constitute [*] %of the post-issue paid-up equity share capital of the company.<o:p /></span></p> <p class="MsoNormal"><font face="arial, sans-serif"><span style="font-size: 14.6667px;">* Subject to finalisation of Basis of Allotment.</span></font><span style="font-size: 10pt;"> </span></p> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border-width: initial; border-style: none; border-color: initial;"> <tbody> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes; height:21.65pt"> <td valign="top" style="border-width: initial; border-style: none; border-color: initial; padding: 0cm 5.4pt; height: 21.65pt;"> <p class="Default"><b><span style="font-size:10.0pt;color:white">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</span></b></p></td></tr></tbody></table> <p class="MsoNormal">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.</p> <p class="MsoNormal"></p> <p class="Default"><o:p> </o:p></p> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="border-collapse:collapse;border:none;mso-padding-alt:0cm 5.4pt 0cm 5.4pt"> <tbody> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes; height:21.65pt"> <td valign="top" style="border:none;padding:0cm 5.4pt 0cm 5.4pt;height:21.65pt"> <p class="Default"><b><span style="font-size:10.0pt;color:white">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 </span></b><span style="font-size:10.0pt"><o:p /></span></p> </td> </tr></tbody></table> <p class="Default"><span style="color:windowtext"><o:p> </o:p></span></p> <p></p>
Issue Money Payable On
Opens On Closes On Application Allotment
20-May-2025 22-May-2025 ₹216.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 69 Further Multiples of :69
(₹ 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 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