Borana Weaves IPO: How to check allotment status on registrar, BSE and NSE; check latest GMP

Borana Weaves shares will be listed on both NSE and BSE on May 27. 

Borana Weaves IPO allotment is likely to be declared on Friday, May 23 on the official registrar of the company, KFin Technologies Limited. The issue by the producer of high quality microfilament woven fabrics got subscribed 148.77 times on the closing day of bidding on Thursday backed by oversubscription in NII and retail investor categories.

Borana Weaves' Rs 1,44.89-crore initial public offer received bids for 54.88 crore shares against 36.89 lakh shares on offer. Retail Individual Investors (RIIs) part fetched 200.50 times subscription while the category for Qualified Institutional Buyers (QIBs) got subscribed 87.21 times amid a volatile market condition. The portion for non-institutional investors received 237.41 times subscription.

The investors who subscribed to the issue can check their Borana Weaves IPO allotment status on the official website of the registrar, KFin Technologies Limited, using their application number or PAN details. The status can also be accessed on the BSE and NSE websites.

Step 1: Open the direct link to the registrar on this URL (https://evault.kfintech.com/ipostatus/).

Step 2: Select the company from the dropdown menu.

Step 3: Investors can check the allotment status by filling in details like PAN, Application number or DP client ID.

Step 4: Press the Submit button

Step 5: The allotment status will be shown in the window.

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Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).

Step 2: Select the company 'Borana Weaves' by selecting Equity & SME IPO bid details

Step 3: Investors can check the allotment status by filling in details like their IPO Application number or PAN details after selecting company symbol.

Step 4: Press the Submit button

Step 5: The allotment status will be shown in the window.

Step 1: Open the website of Bombay Stock Exchange (BSE).

Step 2: Click on 'Investors' option.

Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.

Step 4: Click on 'Application Status Check'.

Step 5: Select Equity in the issue type.

Step 6: Fill in the required details including the 'Issue Name'.

Step 7: Enter PAN number and click on Search to view the status

According to market observers, the shares of Borana Weaves are commanding a GMP of 24 percent.

Shares of Borana Weaves will be listed on the BSE and NSE on May 27.