BORANA Weaves IPO open today at Rs 205-216

BoraNa’s annual Public Sale is doing today on the price bar of ₹ 205-216. All offers are new versions of shares of 67.08 lakh from the company. Investors can bid at least 69 shares and in its coefficients.

The company has reserved up to 75 percent for investors (QBSS), 10 percent for retail investors and 15 percent of the institution.

Corporates are used ₹ 71.35 crore to establish a new manufacturing facility in Gujarat which will increase the ability to produce gray. In addition to infrastructure expansion, the procedure will also help meet work and care for other companies.

At the same time, the key textiles raised ₹ 65,2 crore from 11 Air Growth Funds, and Senx Fund, and Sunrise Sunrise.

Company, in exchange, says, says it has concluded the allocation of 30,18,18,543 shares per his investor at stock.

BORANA Weaves Ltd, textile maker based on Surat, experts in a synthetic fabric production. This fabric acts as a basic uniform, such as dyeing and printing, traditional model and interior design. The company is involved in business with B2B format.

The company began its operation by 2020 and production textile folding.

The speed of the gray cloth helps it forming a cloth that can not cut in various forms, making it a valuable resource. In addition to the gray cloth, the company also produces yarn with polyester structures, which produces by yarn, with a gray cloth.

By December 31, 2024, there are 666 employees in pay salary. Its capacity uses about 80 percent on average annually 13.

Beeline political adviser is the only goods bank for Boraana Weaves’ IPO.

Published on May 20, 2025