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Borana Weaves

By Amrita Bhatia , 23 May 2025
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Borana Weaves IPO Sees Stellar 149x Subscription, Signaling Robust Investor Confidence

In a resounding vote of confidence from the investing public, Borana Weaves’ initial public offering (IPO) closed with an extraordinary 148.77 times oversubscription. The Rs 144.89 crore public issue drew immense interest from retail investors, high-net-worth individuals, and institutional participants alike. With a price band set between Rs 205 and Rs 216 per share, the IPO offered up to 67.08 lakh equity shares. Market data from the National Stock Exchange revealed staggering demand, especially from non-institutional investors and retail buyers.

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