Borana Weaves Ltd.
Industry:
Textile
Issue Details
Open Date
20 May 2025Close Date
22 May 2025Size (in Crs.)
79.6923
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-11Lot Size
69
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Proposing to finance the cost of establishing a new manufacturing Unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India (“Proposed Unit 4”).2. Funding incremental working capital requirements.3. General Corporate Purposes.
Description
Our Company commenced its operations in 2020, and the production from our first unit, Unit 1 located at Plot No.AA/93/P, Hojiwala Industrial Estate, SUSML, Surat, Gujarat, was subsequently started in 2021. As on date, our Companyoperates three manufacturing units in Surat, Gujarat, equipped with textile manufacturing technologies for, inter alia,texturizing, warping, water jet looms, and textile folding. Show More
Address
Plot No. A A / 34, B 16 / 16 , Hojiwala Ind. Estate , Susml, Sachin
Surat
394230
Promoter Holding
Promoters:
Ankur Mangilal Borana, Ankur Mangilal Borana HUF, Borana Filaments Pvt Ltd., Dhwani Ankur Borana, Mangilal Ambalal Borana, Mangilal Ambalal Borana HUF, Rajkumar Mangilal Borana, Rajkumar Mangilal HUF
Total Share Capital
17382795
Offered to Public
6708000
% Promoter's Holding (Pre-Issue)
87.19
% Promoter's Holding (Post-Issue)
65.24
Shares on offer
Total Share Offer
17382795
Of above offred to public
6708000
Post Issue shares
NA
Post Issue Promoters
65.24
Lead Managers to the Issue:
Beeline Capital Advisors Pvt Ltd.
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032