Shree Balaji Mala
· SME · BSE
Price Band
₹66–70
Lot Size
2000 shares
Issue Size
₹19 Cr
Min. Investment
₹1,40,000
Grey Market Premium
Indicative, updates through the day
Estimated listing price: ₹85
Subscription Status
Subscription data will appear once bidding opens.
About Shree Balaji Mala
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. 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.
Issue Objectives
- Funding working capital requirements of the Company
- General Corporate Purposes
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 12,74,000 | 49.69% |
| − Anchor Investor | 7,64,000 | 0% |
| − QIB (Ex. Anchor) | 5,10,000 | 0% |
| NII (HNI) | 3,90,000 | 15.21% |
| − bNII > ₹10L | 2,60,000 | 0% |
| − sNII < ₹10L | 1,30,000 | 0% |
| Retail | 9,00,000 | 35.1% |
| Market Maker | 1,36,000 | 0% |
- QIB49.7%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.2%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.1%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,80,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
8.13
EPS (Post IPO)
5.91
ROE
P/E (Pre IPO)
8.62
P/E (Post IPO)
11.84
Price / Book
Market Cap
₹69.33 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Shreedhar Spinners Ltd. | 13.44 | ₹30.68 Cr | |
| Harikanta Overseas Ltd. | 14.66 | ₹24.30 Cr | |
| Yajur Fibres Ltd. | 23.49 | ₹120.41 Cr | |
| K K Silk Mills Ltd. | 12.12 | ₹28.50 Cr | |
| Game Changers Texfab Ltd. | 10.58 | ₹54.84 Cr | |
| Sihora Industries Ltd. | 13.14 | ₹10.56 Cr |
Contact Details
Shree Balaji (Mala) Textiles Ltd. Address
- +91 8910014345
- cs@malasaree.com
- https://www.malasaree.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 22 Jul 2026
- Close Date
- 24 Jul 2026
- Listing Date
- 29 Jul 2026
Issue Details
- Registrar
- KFin Technologies
- Lead Manager(s)
- Exchange
- BSE