Borana weaves the share price directly: GMP, experts indicate a strong share debut on the stock exchanges today | Einsmark news
Borana weaves the share price directly: Borana Weaves shares will be listed on Indian stock exchanges today after the firm’s initial public offer (IPO) closed on May 22. Borana Weaves IPO was open for subscription from May 20. The Borana Weaves IPO listing date has been set for today, May 27. Borana Weaves shares are available on both BSE and NSE stock exchanges. Trade members of the scholarship have been notified that the shares of Borana Weaves Ltd from Tuesday 27 May 2025 will be listed and allowed for the trading on the scholarship under the ‘t’ group Securities, according to a notice of BSE. For a period of ten trading days, Borana Weaves shares will be part of the trade-for-trade segment. In addition, the shares will be included at the Special Pre-Open Session (Spos) on Tuesday, May 27, 2025, as mentioned in the notice. Borana Weaves shares are accessible for trading from 10am on both BSE and NSE. Borana Weaves Limited is a manufacturer of unbleached synthetic gray fabric in Surat, Gujarat. The company’s unbleached synthetic gray material is often used as a basis for further processing, including staining and printing, over different industries, such as fashion, traditional textiles, technical textiles, home decoration and interior design. Borana weaves IPO list -views according to Mahesh M.Ojha, AVP -Research and Business Development, Hensex Securities PVT Ltd, Borana Weaves did see a strong response from all categories of investors, especially the NIIs and retail segment. Given the strong subscription numbers and a current gray market premium of £ 35, we look at a potential listing of about £ 251, which is about a 16% profit compared to the price of £ 216. Borana weaves IPO GMP today, let’s see what Borana weave IPO GMP today signal in front of the list. Borana weave IPO Gray Market Premium is +43. This indicates that Borana Weaves share price at a premium of £ 43 traded in the Gray market, according to Investorgain.com. Considering the top of the IPO price band and the current premium in the gray market, the estimated listing price of Borana Weaves share price is indicated at £ 259, which is 19.91% higher than the £ 216 IPO price. The minimum GMP recorded is £ 0.00, while the maximum GMP reaches £ 63, according to the insights of experts in investmentGain.com. ‘Gray Market Premium’ indicates investors’ readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and brokerage companies, not of currency. We advise investors to check with certified experts before making investment decisions.