Borana Weaves IPO
Borana Weaves Limited
Minimum investment
Borana Weaves IPO Details
Bidding date
20 May - 22 May 2025
Price range
—
Minimum quantity
69
Minimum investment
₹14,145
Issue size
—
Listing exchange
NSE/BSE
Borana Weaves IPO Dates & Timeline
About Borana Weaves IPO: Company Overview
Borana Weaves Limited, incorporated in 2020 and based in Surat, Gujarat, is a textile manufacturing company specializing in unbleached synthetic grey fabric. This fabric serves as a base material for dyeing, printing, and further textile processing in sectors such as fashion, traditional textiles, technical textiles, home décor, and interior design.
The company also produces Polyester Textured Yarn (PTY) by processing Polyester Oriented Yarn (POY), a key raw material in synthetic fabric production.
The company’s customer base is largely concentrated among wholesalers in Gujarat. With the global man-made fiber market expected to grow at 3.7% CAGR by 2025, Borana Weaves is positioning itself to meet both domestic and export demands.
Strengths & Risks of Borana Weaves IPO
Rapid Revenue & Profit Growth: Company has shown impressive financial growth with rising revenues and strong profit margins over the last few years.
High ROE & PAT Margin: Strong return on equity and profit margins reflect efficient financial and operational management.
Strategic Expansion Plans: IPO funds will be used to set up a fourth manufacturing unit, helping scale operations and meet rising demand.
Diversified Product Applications: Products cater to various sectors like fashion, home décor, and technical textiles, minimizing sectoral risk.
Modern Infrastructure: Well-equipped manufacturing units located in Surat, a major textile hub, support efficient large-scale production.
High Valuation: Price-to-book value of 9.09 may indicate an expensive valuation relative to industry peers.
Industry Dependency: Business performance is tied to the textile sector, which is cyclical and affected by global market dynamics.
Geographic Concentration: Majority of operations and clientele are concentrated in Gujarat, exposing the company to regional risks.
Working Capital Heavy: Textile operations require significant working capital; any cash flow disruptions could impact business.
Borana Weaves Financials: Revenue, Profit & EBITDA
29.31 Cr.
Dec'24
How to Apply for Borana Weaves IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.
FAQs: Borana Weaves IPO
