Borana Weaves IPO Allotment Out Today: Check Status, GMP Stays Strong, Listing on May 27 Newspoint  |  23/05/2025 18:39:14

Mumbai: The Borana Weaves IPO allotment is likely to be finalised today, Friday, May 23, 2025. Investors who applied for the IPO can check if they got the shares. To check, visit the official websites of the BSE, NSE, or Kfin Technologies.

Check your IPO allotment here:

- BSE Allotment Page

- Kfintech IPO Status

- NSE Allotment Page

Massive Demand for Borana Weaves IPO

The IPO was open for subscription from May 20 to May 22, 2025. It saw strong interest from all types of investors. The IPO size was Rs 144.89 crore, priced between Rs 205 and Rs 216 per share. A total of 54.89 crore shares were bid for, while only 36.89 lakh shares were available. This led to an oversubscription of 148.78 times.

Investor Category Breakdown:

- Non-Institutional Investors (NIIs): 237.42 times

- Retail Investors (RIIs): 200.53 times

- Qualified Institutional Buyers (QIBs): 87.21 times

Strong Grey Market Premium (GMP)

The grey market shows Borana Weaves shares trading at Rs 256. This means a GMP of Rs 40 over the issue price of Rs 216. This reflects a premium of about 18.5%. However, grey market prices are unofficial and can change anytime.

Listing Date and Company Info

Borana Weaves shares are set to list on BSE and NSE on Tuesday, May 27, 2025. The company makes unbleached synthetic grey fabric and polyester textured yarn. These are used in clothes, home décor, and technical textiles.

Read more
10 years challenge! Fans recalls Shreyas Iyer's open bat boundary to Jasprit Bumrah's picture perfect yorker
Newspoint
Rajeev Shukla likely to become BCCI President after Roger Binny hits 70-year cap: Report
Newspoint
"Kohli is to cricket what Federer is to tennis": Kohli asked to reconsider Test retirement
Newspoint
Liam Delap's huge Chelsea contract details as forward agrees terms on transfer
Newspoint
Ex-Liverpool chief outlines key FSG detail on Florian Wirtz transfer as Reds' bids rejected
Newspoint
Four Nations Tournament: Indian junior women's hockey team falls 2-4 to Argentina
Newspoint
IPL 2025 Winner Prediction: Warner's prediction, told which team will win the IPL trophy, who will be the POTM of the final
Newspoint
"I told him to stay calm, but he doesn't listen": AB de Villiers on emotional side of Virat Kohli
Newspoint
Luke Littler told how he can 'make millions' away from darts by Phil Taylor
Newspoint
SS Rajamouli Says Both Shreyas Iyer & Virat Kohli Deserve IPL 2025 Trophy: 'Whatever The Result, It Will Be A Heartbreak'
Newspoint