Here are Borana Weaves Limited IPO details: 1. Application Dates 20th- 22nd May'25 2. Price Band ₹205 - ₹216* 3. Lot Size 69 Shares 4. Issue Size ₹144.89 Cr* What does the company do? Borana Weaves was incorporated on October 28, 2020, as Borana Weaves Private Limited. Based in Surat, the company is a textile manufacturer, specializing in the production of unbleached synthetic grey fabric. Additionally, it also manufactures polyester textured yarn, produced by heating polyester oriented yarn. Borana Weaves has three manufacturing units, all of which are based in Surat with a total of 15 texturizing machines, 6 warping machines, 700 water jet looms, and 10 folding machines, as of December 2024. The company was converted into a public entity in July 2024 and changed its name to Borana Weaves Limited. Key Highlights: FY 2020–2021: Incorporated as a private limited company under the name Borana Weaves Private Limited on October 28, 2020. FY 2021–2022: Commenced manufacturing of grey fabric and PTY yarn. FY 2022–2023: Expanded operations by starting production at Unit 2. FY 2023–2024: Increased manufacturing capacity to 72,00,000 meters per annum. FY 2024–2025: Converted from a private limited company to a public limited company.