Borana Weaves Ltd. has announced public offering of 6708000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 206.00 per share. The gross proceeds of the issue are expected to be Rs 14,489.28 lakhs.

The company's initial public offer (IPO) will open on 20 May 2025 and is expected to close on 22 May 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 205.00-216.00 per share.

The IPO includes a fresh Issue of 6708000 Equity Shares of the Company at an price of Rs 216.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 69 shares with bids in multiples of 69.

Borana Weaves Ltd. anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.