The ₹18.90 crore IPO of Shree Balaji (Mala) Textiles Ltd. closed on Jul 24, 2026, booked 200.34 times subscription on the last day. The company has received bids for 36.06 crore shares against the 0.18 crore shares offered.
Shree Balaji Mala IPO Subscription Status
The Retail Investors category subscribed 228.24 times, Non-Institutional Investors (NIIs) subscribed 249.47 times and Qualified Institutional Buyers (QIBs) booked 113.55 times subscription.
In the NII category, small NIIs who bid for up to ₹10 Lakhs subscribed 193.75 times, while big NIIs who bid above ₹10 Lakhs subscribed 277.33 times.
About The IPO
The issue comprised entirely of Fresh Issue of 27,00,000 shares valued at ₹18.90 crore.
The allotment is likely to be finalized on Jul 27, 2026 and the shares are proposed to be listed on the BSE SME with tentative listing date on Jul 29, 2026.
The issue is managed by GYR Capital Advisors Pvt.Ltd., serving as the Book-Running Lead Manager, and Kfin Technologies Ltd., acting as the Registrar for the offering.
