Shree Balaji Mala

Shree Balaji Mala SME IPO

Listed

BSE SMEOpens 22 July 2026Closes 24 July 2026

Shree Balaji (Mala) Textiles Limited, incorporated in 2005, operates within the Business-to-Business (B2B) Indian ethnic wear market, specializing in the wholesale distribution and manufacturing of high-quality cotton…

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Live GMPSubscriptionAllotment
Price band
₹66 - ₹70
Issue size
₹18.9 Cr
Lot size
2,000 shares
Type
BSE SME
GMP
₹56 (+80.0%)
Est. listing
₹126
Est. profit / app
₹2,24,000
Retail quota
35.10%

Key ratios

As per RHP / filings
Face value
₹10
EPS
5.91
P/E ratio
11.84
RoNW
21.28%
ROE
23.82%
Debt / Equity
2.51
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Timeline

IPO Opens

22 Jul

IPO Closes

24 Jul

Allotment

27 Jul

Listing

29 Jul

IPO Timeline & Listing Details

EventDate
IPO Open Date22 July 2026
IPO Close Date24 July 2026
Allotment Date27 July 2026
Listing Date29 July 2026

Investment Categories

CategoryLotsAmount
Individual
2₹2,80,000
SHNI (Min)
3₹4,20,000
SHNI (Max)
7₹9,80,000
BHNIAbove ₹10,00,000
8₹11,20,000

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)49.69%
NII (Non-Institutional Investor)15.21%
SHNI (Small Non-Institutional Investor)4.81%
BHNI (Big Non-Institutional Investor)9.63%
Retail35.10%
Market Maker5.04%
Total100.00%

IPO Objectives

  • Funding the incremental ongoing working capital requirements of the Company to manage long-term inventory and distribution pipelines (₹16.50 Cr).
  • General Corporate Purposes.

Strengths

  • The company commands a Deep Regional Distribution Moat, leveraging an expansive wholesale B2B network covering over 3,000 independent retailers and 100+ active brokers across central, eastern, and northern India.
  • It demonstrates Steady Profit Compounding, with its net profit after tax scaling up safely by 18% year-on-year to hit ₹5.85 Cr in FY26.
  • The business benefits from Established Brand Equity, building robust localized recognition through its trademark 'Mala Saree' line, which targets highly price-elastic mass-market brackets with an affordable average price point near ₹270.
  • It generates Solid Capital Returns, posting an active financial Return on Net Worth (RoNW) of 21.28% to showcase healthy internal capital efficiencies.

Weaknesses

  • The firm struggles under High Financial Leverage, carrying severe structural debt pressure with total outstanding corporate borrowings of ₹69.08 Crores against a tight net worth base of just ₹27.51 Cr, keeping its debt-to-equity dangerously elevated at 2.51.
  • It operates with an Asset-Light Job Working Dependency, outsourcing around 95% of its core production processes through independent job workers, which leaves its primary supply chain highly vulnerable to external labor shortages and localized processing bottlenecks.
  • The company navigates a Hyper-Competitive Industry Matrix, functioning within a heavily fragmented, largely unorganized ethnic textile sector that severely caps its net profit margins, with its PAT margin tracking at a remarkably thin 2.76%.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)148.64138.88127.51
Revenue (₹ Cr.)212.4193.44195.89
PAT (₹ Cr.)5.854.952.46
Net Worth (₹ Cr.)27.5121.6516.7

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Shree Balaji (Mala) Textiles.2.5411.8423.82%27.51
Saraswati Saree Depot Ltd1.19.1612.02%19.61
N R Vandana Tex Industries2.5319.2615.3%21.66

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x1x113.55x
NII1.99x19.49x249.47x
S-HNI2.22x18.54x193.75x
B-HNI1.88x19.97x277.33x
RII5.22x32x228.24x
Total3.04x20.51x200.34x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB5,10,0005,79,10,000405.37
NII3,90,0009,72,94,000681.06
Small NII1,30,0002,51,88,000176.32
Big NII2,60,0007,21,06,000504.74
RII9,00,00020,54,16,0001,437.91
Total18,00,00036,06,20,0002,524.34
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Company Details

  • Shree Balaji (Mala) Textiles Ltd.
  • 65, Sir Hariram Goenka Street, Ground Floor, Block-A, Bangur Arcade, Kolkata, West Bengal, 700007
  • +91 8910014345
  • cs@malasaree.com
  • https://www.malasaree.com/

Registrar Details

Frequently Asked Questions

What does Shree Balaji (Mala) Textiles do?
Shree Balaji (Mala) Textiles manufactures and wholesales cotton and fancy sarees under the 'Mala Saree' brand, serving retailers and distributors across India.
What are the IPO dates for Shree Balaji (Mala) Textiles SME IPO?
The Shree Balaji (Mala) Textiles SME IPO will open for subscription on July 22, 2026, and close on July 24, 2026.
What is the price band and minimum investment for Shree Balaji (Mala) Textiles IPO?
The Shree Balaji (Mala) Textiles IPO price band is fixed at ₹66 to ₹70 per share. Retail investors need to apply for a minimum of 2 lots (4,000 shares), requiring an investment of ₹2,80,000 at the upper price band.
What is the Shree Balaji (Mala) Textiles IPO GMP today?
As of July 17, 2026, the Shree Balaji (Mala) Textiles IPO Grey Market Premium (GMP) is around ₹19 per share, indicating an estimated listing price of about ₹89 and a potential listing gain of around 27.14%.
What is the Shree Balaji (Mala) Textiles IPO listing date?
Shree Balaji (Mala) Textiles IPO is expected to list on BSE SME on July 29, 2026.

Shree Balaji Mala SME IPO News & Updates

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Shree Balaji Mala SME IPO IPO Pages

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Shree Balaji Mala SME IPO Details

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Shree Balaji Mala SME IPO GMP

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Shree Balaji Mala SME IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Shree Balaji Mala SME IPO Allotment

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Shree Balaji Mala SME IPO Review

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Shree Balaji Mala SME IPO FAQ

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Shree Balaji Mala SME IPO Registrar

Registrar website and how to check allotment

Shree Balaji Mala SME IPO Timeline

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Shree Balaji Mala SME IPO News

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Sources

We match Shree Balaji Mala SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Kfin Technologies Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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