|
|
|
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
|
670800
|
134515914
|
200.530581395349
|
|
|
|
|
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 units in Surat, Gujarat, equipped with textile manufacturing technologies for, inter alia,texturizing, warping, water jet looms, and textile folding.
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
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
|
|
