Borana Weaves Rs 145 crore IPO to open May 20: GMP signals 27% listing gains

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Borana Weaves’ Rs 144.89 crore IPO opens May 20 at Rs 205–216/share; closes May 22.
GMP of Rs 58 signals ~27% listing gain; listing expected May 27 on BSE, NSE.
Funds to support a new Surat unit, working capital, and corporate needs.
FY24 PAT: Rs 23.58 crore; strong growth backed by synthetic fabric demand.

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