Archive · 27 May 2025
Borana Weaves IPO: Strong Demand, Listing Expected
Borana Weaves offered shares to the public through an IPO, which was open from May 20 to May 22.
The IPO was very popular, with many more people wanting to buy shares than were available.
The company aimed to raise about Rs 144.89 crore.
The price for each share was between Rs 205 and Rs 216.
If you are interested in the stock's listing performance, the grey market premium (GMP) on May 27 was Rs 43 per share.
Borana Weaves' IPO opened on May 20 and closed on May 22.
The IPO was oversubscribed 147.85 times in total.
The company aimed to raise Rs 144.89 crore through a fresh issue.
The price band for the IPO was between Rs 205 and Rs 216 per share.
The grey market premium (GMP) as of May 27, was Rs 43 per share.
- Who
- Borana Weaves
- What
- Initial Public Offering (IPO)
- When
- IPO opened on May 20 and closed on May 22.
- Where
- Stock market
- Why
- To raise funds.
- IPO Open Date
- May 20
- IPO Close Date
- May 22
- Total Amount to be Raised
- Rs 144.89 crore
- Price Band
- Rs 205 - Rs 216 per share
- GMP
- Rs 43 per share (as of May 27)
