Borana Weaves IPO Price Band
Borana Weaves IPO price band is Rs 205 to Rs 216 per share. The minimum amount of investment for the retail category is Rs 14,904 and for small HNI minimum investment is Rs 2,08,656. The minimum investment for the Big HNI is to be around Rs 10,13,472.
Borana Weaves IPO FAQ
1. What are the details of the Borana Weaves IPO?
Borana Weaves IPO is a book-built issue of Rs 144.89 crore. This upcoming IPO is offering entirely a fresh issue of 67,08,000 equity shares.
2. When will the Borana Weaves IPO open and close?
Borana Weaves IPO's opening date is May 20, 2025, and the closing date is May 22, 2025. Borana Weaves IPO listing date is May 27, 2025, and allotment status will be available on May 23, 2025.
3. What is Borana Weaves IPO GMP Live?
Borana Weaves IPO GMP is not yet available. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Borana Weaves IPO GMP might rise in the coming days.
4. Write the details of the IPO Allotment Status.
Borana Weaves IPO allotment status is finalised on May 23, 2025. The Listing will be on the BSE and NSE platforms on May 27, 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.
5. Who are the registrar and lead managers for Borana Weaves IPO?
Borana Weaves IPO registrar Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead manager is Beeline Capital Advisors Pvt Ltd.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.