Recently, everyone was discussing Borana Weaves IPO as it oversubscribed an astonishing 148.77 times. This number is record breaking in India’s history. The shares that were offered, amounting to 36.89 Lakhs were bid for around 54.88 crores which is incredibly mind boggling. It feels like a dream to possess a holding letter for this textile behemoth. For the ones who were waiting for the Borana Weaves IPO allotment status: it is available and the results are out now. This guide gives you insight on how to check the allotment status online and other important details such as IPO gleaned details and current Grey Market Premium (GMP).
How to Check Borana Weaves IPO Allotment Status
Checking your allotment status is pretty simple now. Most convenient options are the BSE SITE or Kfin Technologies IPO PORTAL. Forget about looking for guides, we bring you tips on both.
With BSE Website
– To begin with you should start by accessing the page for BSE allotment status, use the link BSE Allotment Check.
– Secondly you can select equity from drop down Borana Weaves Limited spinner.
– From the issue lottery level type, select equity.
– Lastly, type your PAN applicant number and fill in the captcha section.
Click “Search” to check your allotment status.
Using Kfin Technologies Website
Go to Kfin IPO Status and click the link to the Kfin Technologies IPO status page.
Select Borana Weaves Limited from the list.
Select an option from Application Number, Demat Account, or PAN.
Suply the details and Captcha.
To check your allotment status, click Submit.
Both platforms are quite efficient. Checking the status takes only a few minutes. Make sure to have your PAN or application number handy ready for easy access.
Borana Weaves IPO: Key Details
Marlet’s expectations and the scale and scope of the Borana Weaves IPO, already met with focus, let’s summarize the key details.
Borana Weaves IPO Highlights
Subscription Rate: Investor interest was massive, with applications of 54,88,84,443 shares versus the 36,89,457 shares on offer resulting in a whopping 148.77 times oversubscription.
IPO Size: Rs 144.89 crore, with a price band of Rs 205-216 per share.
Expected Listing Date: May 27, 2025 for both BSE and NSE.
Company Summary: Begins operations in 2020 Borana Weaves Limited manufactures unbleached synthetic grey fabric, applicable in fashion, textiles, home fashion, and interior design.
With the subscripption levels, it can be assumed that as a company, it needs to grow which makes the announcement of the allotment status attractive.
Grey Market Premium (GMP): What Does It Involve
As for now, on May23,2025, the GMP of Borana Weaves IPO Grey Market Premium stands at 40 rs/share. This means shares are being sold at 40 Rs over the issue price, suggesting good demand for these shares. Moreover, a positive GMP is a good measure to encourage investors, suggesting that in all likelihood these will be listed strongly on 27 May 2025. However, because, as these trends are not official they can change so it is wise to follow relevant news near the listing date.
Because Borana Weaves IPO attains considerable importance as there is sharp increase in the demand for quality textiles not just for fashion but also for home decor.
Moreover, focus on unbleached synthetic grey fabric makes the company a leader in both sustainable and multifunctional textiles. Investors seem to be more optimistic about returns due to the combination of a speculative subscription ratio and significant Grey Market Premium (GMP). Conversely, in light of such high demand, inadequate allocation contributes to the blend of uncertainty that has surfaced.
Anticipated Activities Leading to the Draft Day
Borana Weaves’ performance on the NSE and BSE is of significant interest to us as they approach the listing date on May 27, 2025. We also appreciate the strong GMP that suggests an optimistic market on debut along with prevailing market conditions and investor sentiment. Whether you are a novice to stock trading or a seasoned participant in this ecosystem, there is certainly a thrilling opportunity to ride on the prospects of this forward-looking company.
Guidelines for Investors
Check Promptly: Allotment status is expected soon. Check all systems once they go live so you can plan next steps well in advance.
Stay Alert: Keep an active eye on the market for any last-minute updates on GMPs in the countdown to the listing.
Preparedness: Depending on the market situation, if the participant is granted shares, there is an option to either hold it for long term value or sell on the first day of trading.
Final Thoughts
The Borana Weaves IPO has been trending increases and decline within the financial market, additionally the declaration of IPO allotment status is important to each and every stakeholder. Considering the subscription level of 148.77 times along with good GMP of Rs 40 this IPO is expected to have a extremely positive opening. For this, you can follow these steps and through Kfin Technologies check your Borana Weaves IPO Allotment status, and be ready for the listing day. Whether you are hoping for a massive triumph or you are eager to see what the outcome will be, in both of these situations, this IPO will be indeed very interesting!
