Borana Weaves IPO & Listing Performance

  Published 1 year ago

Borana Weaves, a Surat-based textile manufacturer, listed with a 12.5% premium at Rs 243 after a heavily oversubscribed IPO (148.78x). Funds raised will support expansion and working capital.

  • IPO price band: Rs 205-Rs 216 per share.
  • Revenue (9 months '24): Rs 211.62 crore.
  • Focus: Unbleached synthetic grey fabric production.

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