Borana Weaves IPO vs Crizac IPO

Comparison between Borana Weaves IPO and Crizac IPO.

IPO Details

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

Issue Size and Price

The total issue size of Borana Weaves IPO is up to ₹144.89 Cr whereas the issue size of the Crizac IPO is up to ₹860.00 Cr. The final issue price of Borana Weaves IPO is ₹216.00 per share and of Crizac IPO is ₹245.00 per share.

 Borana Weaves IPOCrizac IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹205.00 per share₹233.00 per share
Issue Price (Upper)₹216.00 per share₹245.00 per share
Issue Price (Final)₹216.00 per share₹245.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size69 shares61 shares
Fresh Issue Size67,08,000 shares0 shares
Fresh Issue Size (Amount)up to ₹144.89 Crup to ₹0.00 Cr
OFS Issue Size0 shares3,51,02,040 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹860.00 Cr
Issue Size Total67,08,000 shares3,51,02,040 shares
Issue Size Total (Amount)up to ₹144.89 Crup to ₹860.00 Cr

IPO Timetable

Borana Weaves IPO opens on May 20, 2025, while Crizac IPO opens on Jul 02, 2025. The closing date of Borana Weaves IPO and Crizac IPO is May 22, 2025, and Jul 04, 2025, respectively.

 Borana Weaves IPOCrizac IPO
Anchor Bid DateMay 19, 2025Jul 01, 2025
Issue OpenMay 20, 2025Jul 02, 2025
Issue CloseMay 22, 2025Jul 04, 2025
Basis Of Allotment (Tentative)May 23, 2025Jul 07, 2025
Initiation of Refunds (Tentative)May 26, 2025Jul 08, 2025
Credit of Share (Tentative)May 26, 2025Jul 08, 2025
Listing date (Tentative)May 27, 2025Jul 09, 2025
Anchor Lockin End date 1Jun 22, 2025Aug 05, 2025
Anchor Lockin End date 2Aug 21, 2025Oct 04, 2025

Financials & KPIs

Borana Weaves IPO P/E ratio is 18.26, as compared to Crizac IPO P/E ratio of 28.03.

 Borana Weaves IPOCrizac IPO
Financials

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

Company Financials (Proforma Consolidated)

Crizac Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets879.62592.91304.99
Total Income884.78763.44517.85
Profit After Tax152.93118.90112.14
EBITDA212.8272.64107.29
NET Worth505.71341.81221.37
Total Borrowing0.080.080.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.19100
Promoter Shareholding (Post-Issue)65.2479.94
P/E Ratio18.2628.03
Market Cap₹575.54 Cr.₹4287.07 Cr.
ROE49.45%30.24%
ROCE27.42%40.03%
Debt/Equity
EPS₹11.83₹8.74
RoNW49.77%30.24%

Shares Offered

In the Borana Weaves IPO Retail Individual Investors (RII) are offered 6,70,800 shares while in Crizac IPO retail investors are offered 6,70,800 shares. Qualified Institutional Buyers (QIB) are offered 20,12,457 shares in Borana Weaves IPO and 70,20,407 shares in Crizac IPO.

 Borana Weaves IPOCrizac IPO
Anchor Investor Reservation30,18,543 shares1,05,30,612 shares
Market Maker Reservation0 shares
QIB20,12,457 shares70,20,407 shares
NII10,06,200 shares52,65,306 shares
RII6,70,800 shares1,22,85,714 shares
Employee
Others
Total67,08,000 shares3,51,02,040 shares

Bids Received (Subscription)

Borana Weaves IPO subscribed 147.85x in total, whereas Crizac IPO subscribed 62.89x.

 Borana Weaves IPOCrizac IPO
QIB (times)85.53x141.27x
NII (times)237.41x80.07x
Big NII (times)239.74x92.95x
Small NII (times)232.75x54.32x
RII (times)200.50x10.74x
Employee (times)
Other (times)
Total (times)147.85x62.89x

Compare with others

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Borana Weaves IPO Vs Crizac IPO