Borana Weaves IPO Allotment Out Today: Check Status, GMP Stays Strong, Listing on May 27

Mumbai: The Borana Weaves IPO allotment is likely to be finalised today, Friday, May 23, 2025. Investors who applied for the IPO can check if they got the shares. To check, visit the official websites of the BSE, NSE, or Kfin Technologies.

Check your IPO allotment here:

- BSE Allotment Page

- Kfintech IPO Status

- NSE Allotment Page

Massive Demand for Borana Weaves IPO

The IPO was open for subscription from May 20 to May 22, 2025. It saw strong interest from all types of investors. The IPO size was Rs 144.89 crore, priced between Rs 205 and Rs 216 per share. A total of 54.89 crore shares were bid for, while only 36.89 lakh shares were available. This led to an oversubscription of 148.78 times.

Investor Category Breakdown:

- Non-Institutional Investors (NIIs): 237.42 times

- Retail Investors (RIIs): 200.53 times

- Qualified Institutional Buyers (QIBs): 87.21 times

Strong Grey Market Premium (GMP)

The grey market shows Borana Weaves shares trading at Rs 256. This means a GMP of Rs 40 over the issue price of Rs 216. This reflects a premium of about 18.5%. However, grey market prices are unofficial and can change anytime.

Listing Date and Company Info

Borana Weaves shares are set to list on BSE and NSE on Tuesday, May 27, 2025. The company makes unbleached synthetic grey fabric and polyester textured yarn. These are used in clothes, home décor, and technical textiles.