Borana Weaves Limited IPO Review
Neutral205-216 · Mainboard
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Analyst Verdict
Borana Weaves Limited IPO
Neutral
IPO at a Glance
Price Band
205-216
Issue Size
144cr
Opens
2025-05-18
Closes
2025-05-20
Listing
2025-05-25
Category
Mainboard
Key Strengths
✓Strategically located in Surat, a key textile hub
✓700 active water jet looms ensure consistent fabric quality
✓Promoters with 20+ years of industry expertise
✓Efficient supply chain with domestic and global sourcing
✓Scalable capacity to meet rising demand in synthetic textiles
Key Risks
⚠High customer concentration in Gujarat without long-term agreements
⚠Risk of order changes or cancellations affecting operations and revenue
⚠Heavy reliance on grey fabric sales and pricing
⚠Capital-intensive industry requiring significant financing for growth
⚠Dependence on unsecured borrowings repayable on demand
⚠Dividends payouts are uncertain
Frequently Asked Questions
Should I apply for Borana Weaves Limited IPO?
Based on our analysis, our rating for Borana Weaves Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Borana Weaves Limited IPO?
High customer concentration in Gujarat without long-term agreements Risk of order changes or cancellations affecting operations and revenue Heavy reliance on grey fabric sales and pricing
What are the strengths of Borana Weaves Limited IPO?
Strategically located in Surat, a key textile hub 700 active water jet looms ensure consistent fabric quality Promoters with 20+ years of industry expertise
What is the price band of Borana Weaves Limited IPO?
The price band for Borana Weaves Limited IPO is 205-216. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more