The allotment of stocks for Borana Weaves' initial public offering (IPO) is expected to be finalized on Friday, May 23, 2025. Many investors are eagerly ready to discover whether or not they've obtained shares in what
Became an extraordinarily popular IPO.
Borana Weaves IPO opened for subscription.
One might also be 20 and closed one might also be 22. The IPO saw a strong call from all investor organizations. It became subscribed 147.85 instances in total. Inside the retail class, it became subscribed to 250 instances. Certified institutional buyers (qibs) subscribed 85.53 times, while the non-institutional buyers (niis) portion was subscribed 237.41 times.
The corporation aimed to elevate Rs 144.89 crore via this IPO, which became a clean issue of 67 lakh stocks. Before the problem opened to the public, the organization raised Rs sixty point twenty crore from anchor investors. The charge band for the shares becomes fixed between Rs 205 and Rs 216.
Borana Weaves IPO acquired bids for 54,549,930 shares, despite the fact that only 36,894,570 stocks have been on offer. This huge reaction suggests robust investor interest, with general bids amounting to around Rs 11,782.78 crore.
HOW to check ALLOTMENT popularity
Buyers can check whether or not they have been allotted stocks via websites: the BSE (Bombay Inventory Exchange) or the registrar kfin technology Confined.
To check on the BSE internet site:
Go to the BSE IPO allotment reputation web page.
Select "equity" as the difficulty kind.
Select "Borana Weaves constrained" from the dropdown list below the difficulty name.
Enter your application range.
Offer your PAN number.
The whole captcha shown.
Click on "search" to view your fame.
To check at the kfin technology internet site:
Visit the kfintech IPO popularity web page.
Select "Borana Weaves constrained" from the list.
Pick how you want to go looking: by using application quantity, demat account wide variety, or PAN.
Choose your utility kind: ASBA or non-ASBA.
Fill in the required info.
Input the captcha and click "submit."
Modern-day GMP (gray marketplace premium)
The grey market top class (GMP) of Borana Weaves shares has come down these days. Earlier, the top rate turned as high as Rs 63, but it has now dropped to Rs 40, as of 7:02 AM on May 23, 2025.
With the price band capped at Rs 216 per share, the anticipated listing charge is around Rs 256. This shows a probable advantage of 18.52% on listing day, primarily based on the present-day GMP. However, it's critical to observe that GMP is unofficial and might trade quickly. It isn't a guarantee of the actual list charge.
The employer is likely to list its shares at the stock exchanges on Tuesday, May 27, 2025.
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