Belrise Industries IPO vs Borana Weaves IPO

Comparison between Belrise Industries IPO and Borana Weaves IPO.

IPO Details

Belrise Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Borana Weaves IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Belrise Industries IPO is up to ₹2,150.00 Cr whereas the issue size of the Borana Weaves IPO is up to ₹144.89 Cr. The final issue price of Belrise Industries IPO is ₹90.00 per share and of Borana Weaves IPO is ₹216.00 per share.

 Belrise Industries IPOBorana Weaves IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹85.00 per share₹205.00 per share
Issue Price (Upper)₹90.00 per share₹216.00 per share
Issue Price (Final)₹90.00 per share₹216.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size166 shares69 shares
Fresh Issue Size23,88,88,888 shares67,08,000 shares
Fresh Issue Size (Amount)up to ₹2,150.00 Crup to ₹144.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,88,88,888 shares67,08,000 shares
Issue Size Total (Amount)up to ₹2,150.00 Crup to ₹144.89 Cr

IPO Timetable

Belrise Industries IPO opens on May 21, 2025, while Borana Weaves IPO opens on May 20, 2025. The closing date of Belrise Industries IPO and Borana Weaves IPO is May 23, 2025, and May 22, 2025, respectively.

 Belrise Industries IPOBorana Weaves IPO
Anchor Bid DateMay 20, 2025May 19, 2025
Issue OpenMay 21, 2025May 20, 2025
Issue CloseMay 23, 2025May 22, 2025
Basis Of Allotment (Tentative)May 26, 2025May 23, 2025
Initiation of Refunds (Tentative)May 27, 2025May 26, 2025
Credit of Share (Tentative)May 27, 2025May 26, 2025
Listing date (Tentative)May 28, 2025May 27, 2025
Anchor Lockin End date 1Jun 25, 2025Jun 22, 2025
Anchor Lockin End date 2Aug 24, 2025Aug 21, 2025

Financials & KPIs

Belrise Industries IPO P/E ratio is 16.61, as compared to Borana Weaves IPO P/E ratio of 18.26.

 Belrise Industries IPOBorana Weaves IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets6,587.696,041.655,679.155,196.07
Total Income6,064.767,555.676,620.785,410.68
Profit After Tax245.47352.70356.70307.24
NET Worth2,577.552,331.922,038.201,734.45
Reserves and Surplus2,252.242,014.432,024.161,715.31
Total Borrowing2,599.802,440.982,271.402,597.96
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets149.67137.0574.9831.90
Total Income215.71199.60135.5342.36
Profit After Tax29.3123.5916.301.80
EBITDA46.0341.1726.065.17
NET Worth76.5547.3924.111.81
Reserves and Surplus56.8747.6624.071.80
Total Borrowing54.0369.1038.8927.31
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.8187.19
Promoter Shareholding (Post-Issue)73.0165.24
P/E Ratio16.6118.26
Market Cap₹8008.91 Cr.₹575.54 Cr.
ROE49.45%
ROCE14.83%27.42%
Debt/Equity0.97
EPS₹5.42₹11.83
RoNW13.33%49.77%

Shares Offered

In the Belrise Industries IPO Retail Individual Investors (RII) are offered 8,36,11,111 shares while in Borana Weaves IPO retail investors are offered 8,36,11,111 shares. Qualified Institutional Buyers (QIB) are offered 4,77,77,778 shares in Belrise Industries IPO and 20,12,457 shares in Borana Weaves IPO.

 Belrise Industries IPOBorana Weaves IPO
Anchor Investor Reservation7,16,66,665 shares30,18,543 shares
Market Maker Reservation0 shares
QIB4,77,77,778 shares20,12,457 shares
NII3,58,33,334 shares10,06,200 shares
RII8,36,11,111 shares6,70,800 shares
Employee0 shares
Others
Total23,88,88,888 shares67,08,000 shares

Bids Received (Subscription)

Belrise Industries IPO subscribed 43.14x in total, whereas Borana Weaves IPO subscribed 147.85x.

 Belrise Industries IPOBorana Weaves IPO
QIB (times)112.63x85.53x
NII (times)40.58x237.41x
Big NII (times)48.00x239.74x
Small NII (times)25.76x232.75x
RII (times)4.52x200.50x
Employee (times)
Other (times)
Total (times)43.14x147.85x

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