IPO details · Updated
Shree Balaji (Mala) Textiles Limited
- Price Band
- ₹66 – ₹70
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,40,000
- Issue Size
- ₹18.9 Cr
- Offer Dates
- 22 Jul – 24 Jul 2026
- Listing
- 29 Jul 2026
Issue Details
- Total Issue Size
- ₹18.9 Cr
- 27,00,000 shares
- Fresh Issue
- ₹18.9 Cr
- 27,00,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 72,05,000
- Shares Post-Issue
- 99,05,000
IPO Timeline
Offer opens
22 Jul 2026
Offer closes
24 Jul 2026
Allotment
27 Jul 2026
Listing
29 Jul 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor28.3%7,64,000 shares
- QIB18.9%5,10,000 shares
- HNI14.4%3,90,000 shares
- Retail33.3%9,00,000 shares
- MarketMaker5.0%1,36,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 5,10,000 | 5,79,10,500 | 113.55x |
| NII | 3,90,000 | 9,72,93,300 | 249.47x |
| Retail | 9,00,000 | 20,54,16,000 | 228.24x |
| Total | 18,00,000 | 36,06,19,800 | 200.34x |
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
2 lots · 4,000 shares
Retail (max)
2 lots · 4,000 shares
S-HNI (min)
3 lots · 6,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 4,000 | ₹2,80,000 |
| Small HNI (S-HNI) | 3 | 6,000 | ₹4,20,000 |
| Big HNI (B-HNI) | 8 | 16,000 | ₹11,20,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 148.64 | 138.88 | 127.51 |
| Total Income | 212.4 | 193.44 | 195.89 |
| Profit After Tax | 5.85 | 4.95 | 2.46 |
| EBITDA | 15.5 | 13.2 | 10.23 |
| Net Worth | 27.51 | 21.65 | 16.7 |
| Reserves & Surplus | 20.3 | 20.93 | 15.98 |
| Total Borrowing | 69.08 | 48.75 | 51.37 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| N R Vandana Tex Industries Limited | 15.03 | 14.43% |
| Saraswati Saree Depot Limited | 9.32 | 12.02% |
About Shree Balaji (Mala) Textiles Limited
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
Objects of the Issue
- Funding working capital requirements of the Company (₹16.50 Cr)
- General Corporate Purposes (₹0.49 Cr)
- Issue Expenses (₹1.91 Cr)
Promoters
- <p>Binod Kumar Kedia
- Anita Kedia
- Mrityunjay Commosales Pvt.Ltd.</p>
Company Information
- Book running lead managers
- GYR Capital Advisors Pvt.Ltd.
- Registered office
- 65, Sir Hariram Goenka Street, Ground Floor, Block-A,, Bangur Arcade, Kolkata, West Bengal, 700007
- Market maker
- Mansi Share & Stock Broking Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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