· SME · BSE
Price Band
₹66–70
Lot Size
2000 shares
Issue Size
₹19 Cr
Min. Investment
₹1,40,000
Indicative, updates through the day
Cap price plus current GMP: ₹126 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Shree Balaji (Mala) Textiles IPO is an SME issue that listed on BSE on 29 July 2026. The issue price band is fixed at ₹66–₹70 per equity share with a minimum market lot size of 2000 shares, bringing the total issue size to ₹19 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,40,000.
The latest unlisted Grey Market Premium (GMP) for Shree Balaji (Mala) Textiles IPO is quoted at ₹56, representing a premium of approximately 80% over the upper price band of ₹70. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹126, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
The minimum investment for retail investors is one lot of 2000 shares (approx. ₹1,40,000 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 27 July 2026 and listing completed on 29 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹70
Listed At
₹133
Current Price
₹126.35
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.
Shree Balaji Mala IPO raises ₹5.35 crore from anchor investors. Shree Balaji Mala IPO Anchor bid date is July 21, 2026.
| 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 | 2,64,000 | 0% |
| − sNII < ₹10L | 1,26,000 | 0% |
| Retail | 9,00,000 | 35.1% |
| Market Maker | 1,36,000 | 0% |
| 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 |
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
2.33
Market Cap
₹50Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Riyaasat Lifestyle Ltd. | 17.2 | ₹30.20 Cr | |
| Rajnandini Fashion India Ltd. | 9.31 | ₹18.21 Cr | |
| Kiaasa Retail Ltd. | 19.31 | ₹69.74 Cr | |
| Fractal Industries Ltd. | 15.99 | ₹49.00 Cr | |
| Vashishtha Luxury Fashion Ltd. | 12.14 | ₹8.87 Cr | |
| Kaytex Fabrics Ltd. | 12.25 | ₹69.81 Cr |
Shree Balaji (Mala) Textiles Ltd. Address
KFin Technologies Ltd.