Borana Weaves IPO Allotment Status, Allotment Date, and GMP

The Borana Weaves IPO allotment status is expected to be available on Friday, May 23, 2025. Investors can check their allotment on the NSE, BSE, or the official registrar’s website, KFin Technologies Limited. The IPO received a strong market response, with a 66x subscription by the first half of Day 3. To check the Borana Weaves allotment status, follow the simple steps outlined below.

How to Check Borana Weaves IPO Allotment Status on NSE

Below are the steps to follow to check the Borana Weaves IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol BORANA from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit, 

Step 5: Once submitted, check the "Allotment Details" section in the bid details to view the Borana IPO allotment status.

How to Check Borana Weaves IPO Allotment Status on BSE

Here are the steps you need to follow to check the Borana Weaves IPO allotment status on BSE

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Choose "Borana Weaves Limited" from the issue name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the Borana IPO allotment status details.

How to Check Borana Weaves IPO Allotment Status on KFin Technologies

Below are the steps to check the Borana Weaves IPO allotment status on the Kfin Technologies website:

Step 1: Visit the KFin Technologies “IPO Allotment Status” Page.

Step 2: Select Company “Borana Weaves Limited” in the Select IPO dropdown menu.

Step 3: Select PAN/Application No/Demat Account in the selection menu.

Step 4: Enter “PAN No”/“Application No”/“DPID Client ID.”

Step 5: Enter Captcha

Step 6: Click on “Submit” to check the Borana IPO allotment status.

Borana Weaves IPO Subscription

The Borana Weaves IPO received a strong response from investors, with an overall subscription of 66.28 times. Retail Investors subscribed 135.87 times, Non-Institutional Buyers 139.31 times, and Qualified Institutional Buyers 6.56 times.

Click here to know more about the Borana Weaves IPO subscription.

Borana Weaves IPO Details

Borana Weaves IPO GMP

As per Business Standard, the Borana Weaves IPO GMP indicates positive returns for investors. The GMP of Borana Weaves is Rs 60, which means the shares are expected to list at around Rs 276 per share, offering returns of approximately 27% to investors.

Disclaimer: The GMP (Grey Market Premium) numbers mentioned above are unverified and based on media reports, not the official price. It is provided for informational purposes only. Investors should conduct their own research and consider all relevant factors before making any investment decisions. Rupeezy is not associated with this price and has not participated in any GMP-related trades or deals. We do not recommend trading based on this information.

Company Overview of Borana Weaves IPO 

Borana Weaves was established in 2020 and is headquartered in Surat, Gujarat. It is a textile manufacturing company specializing in the production of unbleached synthetic grey fabric. This versatile fabric finds application across a wide range of sectors, including fashion, traditional textiles, home decor, and interior design, making it a critical component in the supply chain. In addition to grey fabric, the company also produces polyester textured yarn (PTY Yarn), which is manufactured by heating polyester-oriented yarn (POY Yarn).

The company operates through three manufacturing units located in Surat, which, as of December 31, 2024, have 15 texturizing machines, 6 warping machines, 700 water jet looms, and 10 folding machines. These facilities enable Borona Weaves to maintain efficient and large-scale production. 

Over the years, Borana Weaves has built strong ties with wholesalers in Gujarat, supported by its direct regional operations. This has helped the company establish a loyal and expanding customer base. In FY24, it catered to 170 customers, generating revenue of Rs 199.05 crore. Furthermore, in the first nine months of FY25 alone, the company served 204 customers, with revenue rising to Rs 211.61 crores, reflecting consistent growth in its operations.