Borana Weaves IPO Subscription Status
Borana Weaves IPO closed on 22 May 2025 with an overall subscription of 147.85x based on shares applied. QIB demand came in at 85.53x, NII at 237.30x, and retail at 199.08x.
Allotment will be finalised on 23 May 2025. The stock is scheduled to list on NSE and BSE on 27 May 2025.
Issue Price
Rs 216.00
GMP Today
Rs 43.00 (+19.91%)
Overall Subscription
147.85x
Issue Size
₹144.89 Cr
Allotment Date
23 May 2025
Listing Date
27 May 2025
Borana Weaves IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 216.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 43.47 Cr | Rs 3,717.92 Cr | 85.53x |
| NII | Rs 21.73 Cr | Rs 5,157.52 Cr | 237.30x |
| sNII (Rs 2L to Rs 10L) | Rs 7.24 Cr | Rs 1,683.92 Cr | 232.44x |
| bNII (above Rs 10L) | Rs 14.49 Cr | Rs 3,473.59 Cr | 239.74x |
| Retail | Rs 14.49 Cr | Rs 2,884.49 Cr | 199.08x |
| Total | Rs 79.69 Cr | Rs 11,759.93 Cr | 147.57x |
Borana Weaves IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 20,12,457 | 17,21,25,951 | 85.53x |
| NII | 10,06,200 | 23,87,74,017 | 237.30x |
| sNII (Rs 2L to Rs 10L) | 3,35,400 | 7,79,59,443 | 232.44x |
| bNII (above Rs 10L) | 6,70,800 | 16,08,14,574 | 239.74x |
| Retail | 6,70,800 | 13,35,41,151 | 199.08x |
| Total | 36,89,457 | 54,44,41,119 | 147.57x |
What Do These Subscription Numbers Mean?
A subscription of 147.85x by shares means the IPO received bids for 148 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 85.53x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 85.53x, it reflects serious institutional conviction.
NII at 237.30x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 199.08x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Borana Weaves IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 199.08x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 232.44x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 239.74x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Borana Weaves IPO Allotment Status page from 23 May 2025 for your allotment result.
Borana Weaves IPO GMP After Subscription
GMP for Borana Weaves IPO stands at Rs 43.00 today, giving an estimated listing price of Rs 259.00 per share.
A subscription of 147.85x combined with a GMP of 19.91% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Borana Weaves IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Borana Weaves IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 20 May 2025 | 1.54x | 11.64x | 25.55x | 8.66x |
| Day 2 - 21 May 2025 | 1.76x | 53.20x | 78.08x | 29.67x |
| Day 3 - 22 May 2025 | 85.53x | 237.30x | 199.08x | 147.57x |
Borana Weaves IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 20 May 2025 |
| IPO Close Date | 22 May 2025 |
| Allotment Date | 23 May 2025 |
| Refund Initiation | 24 May 2025 |
| Share Credit to Demat | 24 May 2025 |
| Listing Date | 27 May 2025 |
| Minimum Investment | Rs 14,904.00 |
| Lot Size | 69 shares |
About Borana Weaves IPO
Borana Weaves Limited, started in 2020 and based in Surat, is a textile company that makes unbleached synthetic grey fabric. This fabric is used as a base for dyeing, printing, and finishing, and is widely used in fashion, home décor, traditional and technical textiles. The company also makes polyester textured yarn (PTY Yarn) by heating and processing polyester oriented yarn (POY Yarn), which is a key raw material in their fabric production.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Borana Weaves IPO Subscription FAQs
What is Borana Weaves IPO IPO subscription status today?
Borana Weaves IPO IPO subscription closed on 22 May 2025 with overall subscription of 147.85x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 85.53x, NII 237.30x, Retail 199.08x.
What is the overall subscription of Borana Weaves IPO IPO?
Borana Weaves IPO IPO is subscribed 147.85x overall by shares at close on 22 May 2025. QIB 85.53x, NII 237.30x, and Retail 199.08x.
What is Borana Weaves IPO IPO QIB subscription?
Borana Weaves IPO IPO QIB (Qualified Institutional Buyers) subscription is 85.53x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Borana Weaves IPO IPO Retail subscription?
Borana Weaves IPO IPO Retail subscription is 199.08x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Borana Weaves IPO IPO NII subscription?
Borana Weaves IPO IPO NII (Non-Institutional Investors) subscription is 237.30x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Borana Weaves IPO IPO for retail?
Borana Weaves IPO IPO retail share subscription is 199.08x. Application-wise data is needed for accurate lottery odds.
When is Borana Weaves IPO IPO allotment date?
Borana Weaves IPO IPO allotment date is 23 May 2025. Check Borana Weaves IPO Allotment Status on IPOwiz from that day using your PAN.
When does Borana Weaves IPO IPO subscription close?
Borana Weaves IPO IPO subscription closed on 22 May 2025. No new applications are accepted after the close.
What is Borana Weaves IPO IPO GMP today?
Borana Weaves IPO IPO GMP is ₹43 today (+19.91% over issue price ₹216). See live GMP on the Borana Weaves IPO GMP Today page.
What is Borana Weaves IPO IPO issue price and lot size?
Borana Weaves IPO IPO issue price is ₹216 per share. Lot size is 69 shares. Minimum investment is ₹14,904 per lot. Issue size: ₹144.89 Cr.
When is Borana Weaves IPO IPO listing date?
Borana Weaves IPO IPO listing date is 27 May 2025 on NSE and BSE. Allotment is on 23 May 2025.
How does subscription affect Borana Weaves IPO IPO allotment?
Allotment odds in Borana Weaves IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 147.85x overall, competition is very high.
For allotment results from 23 May 2025, visit the Borana Weaves IPO Allotment Status page. For listing day updates on 27 May 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.