Shree Balaji (Mala) Textiles IPO
GMP, Subscription, Price, Dates & Financial Details
Textile
Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is a leading manufacturer and wholesale distributor of premium-quality cotton sarees in India's B2B textile market. The company operates under its flagship brand, "Mala Saree," offering an extensive collection of cotton sarees featuring…
Open Date
Wed, 22 Jul 2026
Close Date
Fri, 24 Jul 2026
Price Band
₹ 66 – 70
Lot Size
2000
Issue Size
₹ 19.00 Cr
Minimum Investment
₹ 280,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shree Balaji (Mala) Textiles IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹19 Crore, comprising a fresh issue of 27.00 Lakh equity shares aggregating to ₹19.00 Crore.
The Shree Balaji (Mala) Textiles IPO remained open for subscription from July 22, 2026, to July 24, 2026. The basis of allotment was finalized on July 27, 2026, and the company's shares were listed on BSE SME Platform on July 29, 2026.
The company had fixed the price band at ₹66 to ₹70 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹280,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. GYR Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Shree Balaji (Mala) Textiles Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Shree Balaji (Mala) Textiles IPO Timeline (Tentative)
- IPO Open Date
- Wed, 22 Jul 26
- IPO Close Date
- Fri, 24 Jul 26
- Basis of Allotment
- Mon, 27 Jul 26
- Initiation of Refunds
- Tue, 28 Jul 26
- Credit of Shares to Demat
- Tue, 28 Jul 26
- Listing Date
- Wed, 29 Jul 26 — NSE & BSE
Open Date
22 July 2026
Close Date
24 July 2026
Basis Of Allotment
27 July 2026
Listing Date
29 July 2026
IPO Subscription
Check Live Subscription →The Shree Balaji (Mala) Textiles IPO has received bids for 36,07,56,000 shares against 18,00,000 shares offered, resulting in an overall subscription of 200.42x. the NII category is subscribed 249.82x, Retail Investors 228.24x, and QIBs 113.55x. Within the NII category, BNII is subscribed 277.85x, while SNII is subscribed 193.75x.
QIB
113.55x
NII
249.82x
BNII
277.85x
SNII
193.75x
RII
228.24x
Total
200.42x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 9,00,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,10,000 shares (28.33%), while Non-Institutional Investors (NIIs) receive 3,90,000 shares (21.67%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 510,000 | 28.33% |
| Non-Institutional | 390,000 | 21.67% |
| BNII | 260,000 | 14.44% |
| SNII | 130,000 | 7.22% |
| Retail Investors | 900,000 | 50% |
| Total | 1,800,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 148.64 | 138.88 | 127.51 |
| Revenue | 212.4 | 193.44 | 195.89 |
| Profit After Tax | 5.85 | 4.95 | 2.46 |
| Net Worth | 27.51 | 21.65 | 16.7 |
| Reserve & Surplus | 20.3 | 20.93 | 15.98 |
| Total Borrowings | 69.08 | 48.75 | 51.37 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shree Balaji (Mala) Textiles Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 23.82 | 25.79 | 15.87 |
| ROCE % | 15.65 | 18.17 | 14.41 |
| Debt / Equity | 2.51 | 2.25 | 3.08 |
| RoNW % | 21.28 | 22.84 | 14.7 |
| Pat Margin % | 2.76 | 2.56 | 1.26 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Shree Balaji (Mala) Textiles Ltd | 10 | 0 | 8.13 | 8.13 | 21.28 | 38.17 |
| N R Vandana Tex Industries Ltd | 10 | 15.03 | 4.73 | 4.73 | 14.43 | 31.11 |
| Saraswati Saree Depot Ltd | 10 | 9.32 | 5.89 | 5.89 | 12.02 | 49.16 |
About Shree Balaji (Mala) Textiles Limited
Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is a leading manufacturer and wholesale distributor of premium-quality cotton sarees in India's B2B textile market. The company operates under its flagship brand, "Mala Saree," offering an extensive collection of cotton sarees featuring diverse designs, patterns, and fabric variations to cater to the evolving preferences of customers across the country.
The company follows a robust Business-to-Business (B2B) business model, supplying its products through a well-established distribution network. As of March 31, 2025, its network comprised more than 100 brokers, 10 dealers, 65 wholesalers, and approximately 2,300 retailers. This extensive reach enables the company to effectively serve customers across Central, Eastern, Northern, Northeastern, Southern, and Western India.
Shree Balaji (Mala) Textiles Limited operates a dedicated manufacturing facility in Jetpur, Gujarat, spread across approximately 9–14 gunthas. The facility is equipped with modern production capabilities that support the manufacturing of a wide range of cotton sarees in various designs, colors, and fabric specifications.
Driven by a commitment to quality, design innovation, affordability, and customer satisfaction, the company has established a strong presence in the organized saree segment. Its focus on delivering fashionable and value-driven products has helped build a trusted brand identity and a growing customer base across India.
Shree Balaji (Mala) Textiles IPO Promoters
- Mr. Binod Kumar Kedia
- Ms. Anita Kedia
- M/s Mrityunjay Commosales Pvt Ltd
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Shree Balaji (Mala) Textiles IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Working Capital Requirements
- General Corporate Purposes
Shree Balaji (Mala) Textiles Limited Address / Contact Details
Shree Balaji (Mala) Textiles Ltd. Address
65, Sir Hariram Goenka Street,
Ground Floor, Block-A, Bangur Arcade,
Kolkata, West Bengal, 700007
Tel.: +91 8910014345
Email-id: cs@malasaree.com
Website:http://www.malasaree.com/
IPO Snapshot
Shree Balaji (Mala) Textiles IPO Lot Size
The Shree Balaji (Mala) Textiles IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,80,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,80,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 280,000.00 |
| Retail (Max) | 2 | 4,000 | 280,000.00 |
| S-HNI (Min) | 3 | 6,000 | 420,000.00 |
| S-HNI (Max) | 7 | 14,000 | 980,000.00 |
| B-HNI (Min) | 8 | 16,000 | 1,120,000.00 |
Issue Reservation
- QIB — 28.33%
- NII — 21.67%
- RII — 50%
Book Running Lead Managers
- GYR Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shree Balaji (Mala) Textiles IPO?
Shree Balaji (Mala) Textiles IPO is a Book-building IPO with a total issue size of ₹19 crore. The Shree Balaji (Mala) Textiles IPO price band is ₹66 to 70 per share. The Shree Balaji (Mala) Textiles IPO subscription opens on Wed, Jul 22, 2026, and closes on Fri, Jul 24, 2026. The Shree Balaji (Mala) Textiles IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the Shree Balaji (Mala) Textiles IPO.
When will the Shree Balaji (Mala) Textiles IPO open for subscription?
The Shree Balaji (Mala) Textiles IPO opens on Wed, Jul 22, 2026 and closes on Fri, Jul 24, 2026
What is Shree Balaji (Mala) Textiles IPO Price Band?
Shree Balaji (Mala) Textiles IPO Price Band is ₹66 to 70 per share.
What is Shree Balaji (Mala) Textiles IPO Lot Size?
Shree Balaji (Mala) Textiles IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹280000 based on the upper price band
What is the minimum investment for Shree Balaji (Mala) Textiles IPO?
The minimum investment for Shree Balaji (Mala) Textiles IPO is ₹280000, based on one lot of 2000 shares at the upper price band of ₹70 per share.
How to apply for Shree Balaji (Mala) Textiles IPO?
Investors can apply for the Shree Balaji (Mala) Textiles IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jul 24, 2026. The application amount remains blocked until the Shree Balaji (Mala) Textiles IPO allotment is finalized.
What is Shree Balaji (Mala) Textiles IPO Issue Size?
Shree Balaji (Mala) Textiles IPO issue size is ₹19 crores.
What is the Shree Balaji (Mala) Textiles IPO Allotment Date?
Shree Balaji (Mala) Textiles IPO allotment date is Mon, Jul 27, 2026.
Who is the Shree Balaji (Mala) Textiles IPO Registrar?
The registrar for Shree Balaji (Mala) Textiles IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Shree Balaji (Mala) Textiles IPO allotment status, refund processing, and other IPO-related information.
What is the Shree Balaji (Mala) Textiles IPO GMP?
The Shree Balaji (Mala) Textiles IPO GMP (Grey Market Premium) is ₹19 as of Sat, Jul 18, 2026. Based on the upper price band of ₹70 per share, the estimated Shree Balaji (Mala) Textiles IPO listing price is ₹89, indicating a potential listing gain of approximately 27.14% over the issue price.
Who is the Shree Balaji (Mala) Textiles IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shree Balaji (Mala) Textiles IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shree Balaji (Mala) Textiles IPO Red Herring Prospectus (RHP).