SME
IPO ·
BSE SME
Shree Balaji (Mala) Textiles Ltd
Listed
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.
Issue details
Price band
₹66 – ₹70
Face value
₹10
Lot size
2,000 shares
Minimum investment
₹2,80,000
Issue size
₹18.90 Cr
Fresh issue
₹17.95 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE SME
Key dates
Opens
22 Jul 2026
Closes
24 Jul 2026
UPI mandate cut-off
5:00 PM on 24 Jul 2026
Allotment
27 Jul 2026
Refunds
28 Jul 2026
Shares in demat
28 Jul 2026
Listing
29 Jul 2026
Subscription and listing
Subscription
139.78x
Listing price
₹133
Registrar
Kfin Technologies Ltd
Lead manager
GYR Capital Advisors
Subscription by category
Total
139.78x
Total applications
58,995
Anchor investors
Amount raised
₹5.35 Cr
Bid date
21 Jul 2026
50% lock-in ends
25 Aug 2026
Rest lock-in ends
25 Oct 2026
Listing day
Issue price
₹70
Open
₹133.00
High
₹139.65
Low
₹126.35
Day close
₹126.35
Listing gain at open
+90.00%
Issue structure
Shares reserved per category and share of the total issue
QIB
12,74,000
47.19%
Anchor Investor
7,64,000
28.30%
QIB (Ex. Anchor)
5,10,000
18.89%
NII
3,90,000
14.44%
bNII > ₹10L
2,64,000
9.78%
sNII < ₹10L
1,26,000
4.67%
Retail
9,00,000
33.33%
Market Maker
1,36,000
5.04%
Total
27,00,000
100.00%
Finaccle’s quick read
Avoid
FY26 income up 10%, PAT up 18%, post-issue P/E 11.84x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
—
ROCE
—
Debt / equity
—
PAT margin
2.56%
P/E post issue
11.84
Market cap
₹69.33 Cr
Use of IPO money
Funding working capital requirements of the Company
₹16.50 Cr
General Corporate Purposes
₹0.49 Cr
Issue Expenses
₹1.91 Cr
Strengths
✓
PAT up 18% in FY26 to ₹5.85 Cr
Risks to watch
!
Thin PAT margin of 2.56%
!
SME platform: large lot size and thinner trading liquidity
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.