IPO Schedule
1
Open
20 May
2
Close
22 May
3
Allotment
-
4
Listing
27 May
Borana Weaves IPO
Issue:₹216
List:₹254.66
CMP:₹382
NSELot: 69Mainboard
LISTEDMAINBOARD
Issue Price₹216
Listing₹254.66
Current₹382
Content
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.
Subscription Status
QIB
1.54x
NII
11.64x
Retail
25.55x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 85.53x | 1.76x | 1.54x |
| NII | 237.41x | 53.20x | 11.64x |
| Retail | 200.50x | 78.08x | 25.55x |
| Total | 147.85x | 29.67x | 8.66x |
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.