Borana Weaves IPO

Borana Weaves Ltd plans a fresh IPO of 67.08 lakh shares worth ₹144.89 crore to set up a new unit, boost working capital & fund corporate needs.

Important Details

Open Date : May 20, 2025 Close Date :May 22, 2025 Allotment Date: May 23 , 2025 Listing Date: May 27, 2025

Important Details

IPO Price: INR 205 – 216 per share Lot Size: 69 Shares. Total Issue Size: INR 144.89 Crores

Fundamental Analysis

Borana Weaves IPO shows mixed performance: 1. Strong revenue growth. 2. Rising profits and assets, Improved liquidity. 3. Declining RoNW, a concern for investors.

Peer Comparison

Borana Weaves IPO Peer Comparison:  1. Jindal leads in revenue and EBITDA, low margins. 2. KPR Mill strong profits: 20% EBITDA, 14% PAT. 3. Borana highest margins, lowest revenue. 4. Vardhman has solid margins and scale.

Objective

Borana Weaves IPO Objective: 1. Set up new manufacturing unit. 2. Fund working capital &  general corporate purposes.

Risks And Challenges

Borana Weaves IPO Risks: 1. Approval dependency. 2. Reliance on Gujarat customers. 3. Concentrated raw material supply. 4. Potential impact on business and profits.