Borana Weaves Ltd., established in 2020 and based in Surat, Gujarat, specializes in manufacturing unbleached synthetic grey fabric. This fabric serves as a foundational material for further processing in industries like fashion, home décor, and technical textiles. The company has invested in advanced water jet loom technology to enhance production efficiency and product quality.
As of May 22, 2025, the GMP for Borana Weaves shares was approximately ₹60, suggesting a potential listing price of around ₹276, which is a 27.78% premium over the upper end of the price band .
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May 26 SUMMARY Over the past 10 trading sessions, India's smallcap stocks have experienced a remarkable surge, adding ₹7.3 lakh crore in market capitalization—a 10% rise in the BSE SmallCap index. This rally has been fueled by sectoral tailwinds, particularly in defence and railways, and heightened retail investor enthusiasm. Notable performers include Nelcast and Cosmo First, both up 65%, and GRSE, which gained 55%. Out of nearly 980 stocks in the BSE SmallCap index, fewer than 70 have delivered negative...
May 24 ABOUT THE COMPANY Blue Water Logistics Limited is a Hyderabad-based logistics company specializing in end-to-end project logistics, supply chain management, warehousing, and multimodal freight services across sea, air, and land. Established in 2012, the company has grown to offer a comprehensive suite of services, including ISO tank container logistics, ocean freight, surface and railway freight, air freight, and customs clearance. It is coming up with it's IPO. Over the years, it has served customers in different...
June 16 India’s second-largest passenger vehicle maker South Korea’s Hyundai is to launch an IPO to raise around 25000 crore rupees or 3 billion dollars by the sale of 17.5% of the parent company’s stake. Based on this data, Hyundai India is expected to be valued between $22-$28 billion. It would be India’s biggest IPO so far as the last IPO as big as Hyundai was of LIC when it raised $2.7 bn in 2022. The issue is entirely an offer for sale by the parent company which is expected to sell 14 to 15...
May 27 Some shares in the stock market are bought heavily and some are sold heavily. RSI or The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements and tells an investor whether the share is overbought or oversold. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. The RSI the overbought or oversell zone is often seen by traders as a signal to buy or...
May 02 You would be familiar with Eyewear brand Lenskart. The company was founded in 2010 by Peyush Bansal and his friends Amit Chaudhary and Sumeet Kapahi with the aim of revolutionizing the eyewear industry by providing customers with high-quality, affordable eyewear. Since it was founded it has received numerous investments. In 2011, IDG Ventures India invested $4 million in the company. In January 2015, the company raised ₹135 crore from venture capitalist companies like TPG Growth, TR Capital and IDG Ventures India....
May 01 The month of may is filled with many IPOs. Lets have a look on them. The first is the Indegene IPO who will launch its IPO on May 6. This company helps the emerging biotech and medical device companies develop products and get them to the market. It provides digital services to the life sciences industry. The issue size is Rs 1,842-crore and the price band has been fixed at Rs 430-452 per share. The IPO closes on May 8, comprises a fresh issue of equity shares worth Rs 760 crore and an...
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