Borana Weaves IPO Allotment Date: How To Check Status Online? Latest GMP Hints At 18.5% Premium Listing

Borana Weaves IPO Allotment: As multiple initial public offering (IPOs) have revived India's primary market, investors are keenly waiting for Borana Weaves IPO allotment date. Its bidding process concluded recently and received strong response from investors during its subscription period.

Borana Weaves IPO's subscription period started on May 20 and ended on May 22. Its IPO allotment date is expected to be on Friday, May 23. According to reports, the company's listing date is set to be fixed as May 27.

Borana Weaves IPO Allotment Status: How To Check?

Follow the below-mentioned steps to check Borana Weaves IPO Allotment Status.
Borana Weaves IPO Allotment status can be checked via multiple ways including visiting the official website of the registrar, KFinTechnologies Limited. Investors can also check the status by using their application number or PAN details. Borana Weaves IPO allotment status can also be checked on BSE and NSE websites.

Borana Weaves IPO Allotment: How To Check On BSE?

-Visit the official BSE website and go to the 'Status of Issue application' in investors section. You can also click on this link: https://www.bseindia.com/investors/appli_check.aspx
-To check the allotment status of your Borana Weaves IPO, begin by selecting 'Equity' as the Issue Type.
-Next step is to open the dropdown menu under Issue Name. Choose 'Borana Weaves Limited'.
-You will then need to enter either your Application No. or PAN details.
-Ensure to confirm your verification by marking the 'I am not robot' checkbox before hitting the 'Search' button.
-Once completed, the status of your IPO allotment for Borana Weaves will be shown on the screen.

Borana Weaves IPO Allotment: How To Status Check On KFintechnologies?

-Visit the IPO registrar's official website, ie https://kosmic.kfintech.com/ipostatus/
-Go To the IPO option and open dropdown and select Borana Weaves IPO. The option will be available once its IPO allotment date is confirmed.
-Enter the asked details. You can proceed either by entering your application number, demat account or PAN.
-Enter the details, enter Captcha code and submit option.
-You can check your status for Borana Weaves IPO allotment displayed on the screen.

Borana Weaves IPO GMP Today

Borana Weaves IPO GMP today remained strong. Company's grey market premium (GMP) stood at Rs 40 per share. Apart from this the company's Borana weaves shares were trading higher than Rs 40 more than their issue price.

Borana Weaves is aiming to raise Rs 144.89 crore with its IPO. The company's IPO has emerged as the best performer on the primary market for May. Borana Weaves IPO was oversubscribed by 148.78x on day 3. The company faced strong demand from all categories of investors. Its latest GMP is likely to hit at over 18.5% listing next week, Goodreturns reported earlier.