Bookbuilding IPO | ₹19 Cr | Listing at BSE SME | Wed, Jul 22, 2026 - Fri, Jul 24, 2026
Shree Balaji Mala IPO is a book build issue of ₹18.90 crores. The issue is entirely a fresh issue of 0.27 crore shares of ₹18.90 crore.
Shree Balaji Mala IPO opens for subscription on Jul 22, 2026 and closes on Jul 24, 2026. The allotment for the Shree Balaji Mala IPO is expected to be finalized on Jul 27, 2026. Shree Balaji Mala IPO will list on the BSE SME with a tentative listing date fixed as Jul 29, 2026.
Shree Balaji Mala IPO is set issue price band at ₹66 to ₹70 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,80,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹4,20,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd.
Refer to Shree Balaji Mala IPO RHP for detailed Information.
IPO Open
Wed, Jul 22, 2026
IPO Close
Fri, Jul 24, 2026
Price Band
₹66 to ₹70
Market Cap (Pre-IPO)
₹69.33 Cr
| IPO Date | 22 to 24 Jul, 2026 |
| Listing Date | Wed, Jul 29, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹66 to ₹70 |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 27,00,000 shares (agg. up to ₹19 Cr) |
| Reserved for Market Maker | 1,36,000 shares Mansi Share & Stock Broking Pvt.Ltd. (agg. up to ₹0.9520 Cr) |
| Fresh Issue (Ex Market Maker) | 25,64,000 shares (agg. up to ₹18 Cr) |
| Net Offered to Public | 25,64,000 shares (agg. up to ₹18 Cr) |
| Share Holding Pre Issue | 72,05,000 shares |
| Share Holding Post Issue | 99,05,000 shares |
Shree Balaji Mala IPO comprises a total issue size of 27,00,000 shares. The net offer to the public is 25,64,000 shares, after excluding 1,36,000 shares allotted on a firm basis. Of the Net offer 12,74,000 (49.69%) are allocated to QIB, 3,90,000 (15.21%) allocated to NII 9,00,000 (35.10%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 12,74,000 | 49.69% | 47.19% |
| − Anchor Investor Shares Offered | 7,64,000 | 28.30% | |
| − QIB (Ex. Anchor) Shares Offered | 5,10,000 | 18.89% | |
| NII (HNI) Shares Offered | 3,90,000 | 15.21% | 14.44% |
| − bNII > ₹10L | 2,60,000 | 9.63% | |
| − sNII < ₹10L | 1,30,000 | 4.81% | |
| Retail Shares Offered | 9,00,000 | 35.10% | 33.33% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,36,000 | 5.04% | |
| Total Shares Offered | 27,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4,000 | ₹2,80,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6,000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14,000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16,000 | ₹11,20,000 |
Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is engaged in the manufacturing and wholesale distribution of high-quality cotton sarees in India’s B2B cotton saree segment, based in West Bengal. The company markets its products under its own brand name “Mala Saree”, offering a wide range of designs and styles catering to diverse consumer preferences across India. The company operates on a Business-to-Business (B2B) model, distributing products through an extensive network comprising over 105 brokers, 13 dealers, 69 wholesalers, and approximately 3,000 retailers as of March 31, 2026. Its distribution network spans Central, East, North, Northeast, South, and West India, enabling broad market coverage and efficient product reach.
Product Portfolio:
Sarees: Cotton Saree, Embroidery, Fancy Saree, the company offers diverse range of products to various segments of the market that include sarees of different fabrics differentiated by weaving, patterns and ornamentation. The manufactured products range from normal to occasional wear with an average price of around ₹270 considering the low, medium and high range.
The company’s manufacturing facility is located in Jetpur, Gujarat, spread over approximately 9–14 gunthas, and is equipped to produce a wide variety of cotton sarees with multiple design options and fabric variations. Its emphasis on quality, design innovation, and affordability has positioned it as a key player in the organized saree segment.
As of July 15, 2026, the company have 47 employees and average 5 persons working as daily labour.
Competitve Strengths:
Shree Balaji (Mala) Textiles Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 148.64 | 138.88 | 127.51 |
| Total Income | 212.40 | 193.44 | 195.89 |
| Profit After Tax | 5.85 | 4.95 | 2.46 |
| EBITDA | 15.50 | 13.20 | 10.23 |
| NET Worth | 27.51 | 21.65 | 16.70 |
| Reserves and Surplus | 20.30 | 20.93 | 15.98 |
| Total Borrowing | 69.08 | 48.75 | 51.37 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹76.40 (-6.83%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹81.89 (+2.36%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹38.00 (-1.17%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.67 (-4.22%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹96.00 (-3.99%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹58.58 (-0.71%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹29.20 (+1.39%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹206.95 (+3.53%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹588.70 (-2.62%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹122.25 (-4.97%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹41.32 (-1.27%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 16.50 |
| 2 | General Corporate Purposes | |
| Total | 16.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.13 | 5.91 |
| P/E (x) | 8.62 | 11.84 |
| Promoter Holding | 100% | |
| Market Cap | ₹69.33 Cr. |
Lead Manager Reports
Shree Balaji Mala IPO is a SME IPO of 27,00,000 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹66 to ₹70. The minimum order quantity is 2000.
The IPO opens on Wed, Jul 22, 2026, and closes on Fri, Jul 24, 2026.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Shree Balaji Mala IPO using UPI as a payment gateway. Zerodha customers can apply in Shree Balaji Mala IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shree Balaji Mala IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shree Balaji Mala IPO opens on Wed, Jul 22, 2026 and closes on Fri, Jul 24, 2026.
Shree Balaji Mala IPO lot size is 2000, and the minimum amount required for application is ₹2,80,000, with 2 lots being the minimum application size.
You can apply in Shree Balaji Mala IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shree Balaji Mala IPO will be done on Monday, July 27, 2026, and the allotted shares will be credited to your demat account by Tue, Jul 28, 2026. Check the Shree Balaji Mala IPO allotment status.
The Shree Balaji Mala IPO listing date is not yet announced. The tentative date of listing is Wed, Jul 29, 2026.
