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.
Open Date : May 20, 2025 Close Date :May 22, 2025 Allotment Date: May 23 , 2025 Listing Date: May 27, 2025
IPO Price: INR 205 – 216 per share Lot Size: 69 Shares. Total Issue Size: INR 144.89 Crores
Borana Weaves IPO shows mixed performance: 1. Strong revenue growth. 2. Rising profits and assets, Improved liquidity. 3. Declining RoNW, a concern for investors.
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.
Borana Weaves IPO Objective: 1. Set up new manufacturing unit. 2. Fund working capital & general corporate purposes.
Borana Weaves IPO Risks: 1. Approval dependency. 2. Reliance on Gujarat customers. 3. Concentrated raw material supply. 4. Potential impact on business and profits.