<ul><li>Borana Weaves IPO consists of fresh shares worth Rs 144.89 crore within a price band of Rs 205 to Rs 216 per share.</li><li>On the second day of bidding, the IPO has been subscribed 37.39 times, with a grey market premium indicating a potential 27.78% gain over the IPO price.</li><li>The company plans to utilize the funds towards a new manufacturing unit, expanding grey fabric production, working capital requirements, and general corporate purposes.</li><li>Borana Weaves specializes in synthetic grey fabric production and polyester textured yarn, with subscription status showing oversubscription across investor categories.</li></ul>

Borana Weaves IPO: Check Day Three Subscription Status, GMP, Price Band And More

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