1.Company Information
"Borana Weaves Ltd is a reputed name in textile manufacturing, known for delivering a smooth and efficient journey from fibre to fabric. Since its establishment in 2020, the company has focused on fast, high-quality production, powered by a modern manufacturing facility and advanced high-speed water jet looms, ensuring speed without sacrificing quality. Significantly, they have made 24 water jet weaving looms in their operations, and it’s the reason for improved production efficiency and product quality.
Borana Weaves has a mission regarding manufacturing capabilities and wants to explore new opportunities for its company’s growth. Apart from its mission for premium quality textiles and innovative products. From POY to PTY, and through warping, sizing, and weaving, its process showcases the skill behind textile making."
2. Objects of the Issue
1. Proposing to finance the cost of establishing a new manufacturing Unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India (“Proposed Unit 4”).
2. Funding incremental working capital requirements.
3. General corporate purposes.
3.Borana Weaves IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: bwl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/