ListedSME platform

Borana Weaves Limited

BORANATextiles & Apparels20 May 2025 – 22 May 2025INE16SF01016

Promoters Mangilal Ambalal Borana · Ankur Mangilal Borana · Rajkumar Mangilal Borana · Dhwani Ankur Borana · Mangilal Ambalal Borana HUF · Ankur Mangilal Borana HUF · Rajkumar Mangilal Borana HUF · Borana Filaments Private Limited

On listing day it
we hold no exchange bar dated on the listing date
Since then, against the issue price
+37.4%
₹296.85 on 21 Sept 2026

Against an issue price of ₹216. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹216
final issue price
Issue size
₹150 cr
Fresh
Lot size
69 sh
₹14,904 a lot
Listed on
27 May 2025
NSE
Now trading as BORANA — see its filed financials and price history →
Valued at the offer price576 cr2,66,45,295 shares after the issue × ₹216, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Borana Weaves Limited raised ₹150 crore through a SME-platform initial public offer.

The filing places it in Textiles & Apparels and names eight promoters: Mangilal Ambalal Borana, Ankur Mangilal Borana, Rajkumar Mangilal Borana, Dhwani Ankur Borana, Mangilal Ambalal Borana HUF, Ankur Mangilal Borana HUF, Rajkumar Mangilal Borana HUF and Borana Filaments Private Limited.

The book was open from 20 May 2025 to 22 May 2025.

The issue was priced at ₹216 a share, from a band of ₹205 to ₹216.

The whole offer is a fresh issue of shares — ₹145 crore raised by the company itself.

The issuer reported the offer subscribed 145.0 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 27 May 2025.

The last official close on file is ₹297 (21 September 2026), which is 37.4% above the issue price.

It now trades as BORANA, and its filed financials are on its company page.

How it has done since listing
NSE close · 21 Sept 2026
Issue price
₹216
final issue price
Listing-day move
Now vs issue price
+37.4%
21 Sept 2026
Since first close

Shares sold in the issue at ₹216 last closed at ₹296.85.

See BORANA’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(2)
Issue price
₹216
face value ₹10
Lot size
69 sh
₹14,904 a lot
Issue size
₹150 cr
Fresh
Shares after issue
2.66 cr
2,66,45,295
Fresh issue
67.08 L
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
BSE And NSE
Designated exchange
BSE
Discount
None offered
Registered office
Western India
Registrar
Other RTA
Lead manager
  • Other LM / BRLM
What happens when
3-day book
  1. Bidding opens20 May 2025
  2. Bidding closes22 May 2025
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing27 May 2025
How the bidding went
as filed after the close
145.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Who the offer was set aside for
as filed by the issuer at listing
  • Anchor investors45.0%
  • Qualified institutional buyers30.0%
  • Non-institutional investors15.0%
  • Retail individual investors10.0%

No part of the offer was set aside for market maker, reserved portion or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    27 Nov 2025
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    27 Nov 2026
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Registrar
FirmIssuesTypical listing move
Other RTA
20232026
46
0 measurable

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.