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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 Details

  • IPO Date
    22 to 24 Jul, 2026
  • Listing Date
    Wed, Jul 29, 2026
  • 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 (agg. up to ₹0.9520 Cr) Mansi Share & Stock Broking Pvt.Ltd.
  • 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

IPO Timetable (Tentative)

  • IPO Open
    Wed, Jul 22, 2026
  • Allotment
    Mon, Jul 27, 2026
  • Credit of Shares
    Tue, Jul 28, 2026
  • IPO Close
    Fri, Jul 24, 2026
  • Refund
    Tue, Jul 28, 2026
  • Listing
    Wed, Jul 29, 2026

Issue Reservation

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%

IPO Lot Size

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

IPO Subscription Details

About Shree Balaji (Mala) Textiles Ltd.

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:

  • Diversified supplier and customer base
  • Vast and versatile product portfolio for women
  • Ability to buy in bulk quantities
  • Experienced Promoters and management team
  • Long Standing Relationship with job workers

Company Financials (Restated)

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.  (Amount in ₹ Crore)

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

 

Recently Listed IPOs in Other Textile Products

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% ₹82.00 (+8.32%)
Harikanta Overseas Ltd. SME ₹24.30 Cr ₹91 14.66 ₹75.77 -16.74% ₹80.00 (-2.40%)
Yajur Fibres Ltd. SME ₹120.41 Cr ₹174 23.49 ₹132.25 -23.99% ₹38.45 (+0.55%)

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 1 Funding working capital requirements of the Company
    16.50
  • 3 General Corporate Purpose
  • Total
    16.50

Key Performance Indicator (KPI)

Key Performance Indicator (KPI)

Pre IPO Post IPO
EPS (₹) 8.13 5.91
P/E (x) 8.62 11.84
Promoter Holding 100%
Market Cap ₹69.33 Cr.
Binod Kumar Kedia, Anita Kedia, Mrityunjay Commosales Pvt.Ltd.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. GYR Capital Advisors Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Shree Balaji (Mala) Textiles Ltd. Address
65, Sir Hariram Goenka Street
Ground Floor, Block-A,
Bangur Arcade
Kolkata, West Bengal, 700007

IPO FAQs

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.

Angel One customers can apply online in Shree Balaji Mala IPO using UPI as a payment gateway. Angel One customers can apply in Shree Balaji Mala IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Shree Balaji Mala IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Shree Balaji Mala IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One 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 Angel One, 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.

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