Issue Open Date
|
20-May-25
|
Issue Closing Date
|
22-May-25
|
Application Money
|
100
|
Allotment Money
|
|
|
Price Band
|
205
-
216
|
Minimium Application No.
|
69
|
Issue Size (Shares)
|
3689457
|
Market Lot
|
1
|
|
|
Objective
|
1. Proposing to finance the cost of establishing a new manufacturing Unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India (“Proposed Unit 4”).2. Funding incremental working capital requirements.3. General Corporate Purposes.
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
1006200
|
238890213
|
237.418220035778
|
Qualified Institutional Buyers
|
2012457
|
175511298
|
87.2124462783553
|
Retail Individual Investors
|
2012457
|
175511298
|
87.2124462783553
|
|
|
|
Business Description
Our Company commenced its operations in 2020, and the production from our first unit, Unit 1 located at Plot No.AA/93/P, Hojiwala Industrial Estate, SUSML, Surat, Gujarat, was subsequently started in 2021. As on date, our Companyoperates three manufacturing un
|
|
Promoter's Holding
|
Total Share Capital
|
17382795
|
Offered to Public
|
3689457
|
Promoter's Holding (Pre-Issue)
|
87.19
|
Promoter's Holding (Post-Issue)
|
65.24
|
|
MORE > |
|
|
|
|
|
Address |
Plot No. A A / 34 B 16 / 16 Hojiwala Ind. Estate Susml Sachin
Surat
,
Gujarat
,
394230
Phone :
9898426338
Email :
info@boranagroup.in
Website :
www.boranagroup.in
|
|
Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
Beeline Capital Advisors Pvt Ltd.
|
|
Promoters |
Ankur Mangilal Borana Ankur Mangilal Borana HUF Borana Filaments Pvt Ltd. Dhwani Ankur Borana Mangilal Ambalal Borana Mangilal Ambalal Borana HUF Rajkumar Mangilal Borana Rajkumar Mangilal Borana HUF
|
|