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Borana Weaves Ltd

Registered Office : Plot No.AA/34 B 16/16 Hojiwala,Industrial Estate SUSML Sachin,Surat Gujarat 394230 Phone : +91 98984 26338
Fax :

Email : info@boranagroup.in

Website : https://boranagroup.in/

Initial public offering of 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/- per equity share) ("Issue Price") aggregating to 144.89* crores ( "Issue") comprising a fresh issue of 67,08,000* equity shares by the company aggregating to Rs. 144.89* crores ( "Fresh Issue"). The issue constitutes 25.18% of the post-issue paid-up equity share capital of the company. * Subject to finalisation of basis of allotment.

Issue

Opens On

Closes On

20-May-2025

22-May-2025

Money Payable On

Application

Allotment

216.00

0.00

Minimum Application for shares in Nos : 69.0 Further Multiples of : 69.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

130.73

144.89

26.65

216.00

Beeline Capital Advisors Pvt Ltd

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

Registrar to the Issue

KFin Techologies Ltd