Price Band
₹205 - ₹216
Lot Size
69
Issue Size
₹144.89 Cr
GMP
N/A
Subscription
147.85x
Analyzing...
IPO Schedule
1
Open
20 May 2025
2
Close
22 May 2025
3
Allotment
-
4
Listing
27 May 2025
About Borana Weaves
Borana Weaves is a company engaged in the textile industry, specializing in weaving and potentially other related activities. Specific details about their product lines and market positioning would be required for a more comprehensive overview, but the IPO indicates a significant scale of operations.
Key Strengths
- High Return on Equity (ROE) of 49.45% indicates efficient profitability and strong capital utilization.
- Reasonable Price-to-Earnings (P/E) ratio of 18.26 suggests the IPO may be attractively priced compared to industry peers, but a benchmark comparison is needed.
- Mainboard listing provides higher visibility and potentially greater investor confidence compared to SME listings.
- Substantial Issue Size of ₹144.89 Cr allows for significant capital infusion for growth initiatives and debt reduction.
- Potential for growth in the textile sector, especially if Borana Weaves has a strong brand or specialized product offering (further due diligence required).
Risk Factors
- •Dependence on raw material prices: Fluctuations in cotton or other fiber prices could impact profitability.
- •Competitive industry: The textile sector is highly competitive, potentially impacting market share and pricing power.
- •Economic cycles: Textile demand is sensitive to economic downturns, potentially affecting revenue and earnings.
Valuation Analysis
The IPO appears reasonably valued based on the reported P/E ratio, but a thorough comparison with industry peers and consideration of future growth prospects is crucial for a comprehensive valuation assessment. The high ROE is a positive indicator.
IPO Details
ExchangeNSE
SegmentMAINBOARD
ISININE16SF01016
NSE SymbolBORANA
Face Value₹10
Lot Size69
Issue Size₹144.89 Cr
Key Metrics
ROE21.5
ROCE25.3
P/E Ratio29.5
Industry P/E20
EPS11.83
PAT Margin11.85%
Debt/Equity0.3
Growth & Quality
ProfitableYes ✓
Subscription
Total8.66x
Imbalance Ratio7.2x
Documents
RHP not available
Key Dates
Open Date20 May 2025
Close Date22 May 2025
Listing27 May 2025