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Latest GMP
- Lead Manager
- GYR Capital Advisors Private Limited
- IPO Registrar
- KFin Technologies Limited
- IPO Open Date
- 22nd Jul 2026
- IPO Close Date
- 24th Jul 2026
- Allotment date
- 27th Jul 2026
- Listing date
- 29th Jul 2026
- Issue Size
- ₹ 19 Cr.
- Issue Price Band
- ₹ 66 to 70
- Lot Size
- 2000 Share
- Minimum Investment
- ₹ 280000
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Shree Balaji (Mala) Textiles Limited
Incorporated in 2005, Shree Balaji (Mala) Textiles Ltd is engaged in the manufacturing and wholesale distribution of high-quality cotton sarees in India’s B2B cotton saree segment. The company is based in West Bengal and markets its products under its own brand name “Mala Saree”.
It offers a wide range of designs and styles catering to diverse consumer preferences across India and operates on a Business-to-Business (B2B) model.
Distribution Network
As of March 31, 2026, the company has an extensive network comprising:
- Over 105 brokers
- 13 dealers
- 69 wholesalers
- Approximately 3,000 retailers
This network spans Central, East, North, Northeast, South, and West India, enabling broad market coverage and efficient product reach.
Product Portfolio
The company manufactures and supplies a diverse range of cotton sarees, including:
- Cotton Sarees
- Embroidery Sarees
- Fancy Sarees
Products vary by weaving, patterns, and ornamentation, ranging from normal to occasional wear. The average price is around ₹270, covering low, medium, and high segments.
Manufacturing Facility
The manufacturing unit is located in Jetpur, Gujarat, spread over approximately 9–14 gunthas. The facility is equipped to produce a wide variety of cotton sarees with multiple design options and fabric variations. The company emphasizes quality, design innovation, and affordability.
Workforce
As of July 15, 2026, the company had 47 employees and an average of 5 persons working as daily labour.
Competitive 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 relationships with job workers
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 5,10,000 (26.34%) | 5,79,10,000 | 113.55 |
| NII | 5,26,000 (27.17%) | 9,74,30,000 | 185.23 |
| bNII (> ₹10L) | 2,60,000 (13.43%) | 7,22,42,000 | 277.85 |
| sNII (< ₹10L) | 1,30,000 (6.71%) | 2,51,88,000 | 193.75 |
| Retail | 9,00,000 (46.49%) | 20,54,16,000 | 228.24 |
| Total | 19,36,000 (100.00%) | 36,07,56,000 | 186.34 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 27-07-2026 | ₹70 | ₹13 | ₹83 ( 18.57% ) | ₹26,000.00 | 27-Jul-2026 10:02 AM |
| 25-07-2026 | ₹70 | ₹13 | ₹83 ( 18.57% ) | ₹26,000.00 | 25-Jul-2026 11:55 AM |
| 24-07-2026 | ₹70 | ₹16 | ₹86 ( 22.86% ) | ₹32,000.00 | 24-Jul-2026 09:55 AM |
| 23-07-2026 | ₹70 | ₹16 | ₹86 ( 22.86% ) | ₹32,000.00 | 23-Jul-2026 10:08 AM |
| 22-07-2026 | ₹70 | ₹15 | ₹85 ( 21.43% ) | ₹30,000.00 | 22-Jul-2026 10:20 AM |
| 21-07-2026 | ₹70 | ₹15 | ₹85 ( 21.43% ) | ₹30,000.00 | 21-Jul-2026 01:07 PM |
Financials of Shree Balaji (Mala) Textiles Limited
A quick overview of the key financial performance of Shree Balaji (Mala) Textiles Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue increased by 10%, Profit after Tax (PAT) increased by 18%, Total Assets increased by 7% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 195.89 | 193.44 | 212.40 |
| Assets | 127.51 | 138.88 | 148.64 |
| Profit After Tax | 2.46 | 4.95 | 5.85 |
| EBITDA | 10.23 | 13.20 | 15.50 |
| Net Worth | 16.70 | 21.65 | 27.51 |
| Reserves & Surplus | 15.98 | 20.93 | 20.30 |
| Total Borrowings | 51.37 | 48.75 | 69.08 |
IPO Lot Size
Application
Lots
Shares
Amount
Individual Investors (IND) (Min)
2
4,000
₹ 2,80,000
Individual Investors (IND) (Max)
2
4,000
₹ 2,80,000
S-HNI (Min)
3
6,000
₹ 4,20,000
S-HNI (Max)
7
14,000
₹ 9,80,000
B-HNI (Min)
8
16,000
₹ 11,20,000
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 4,000 | ₹ 2,80,000 |
| Individual Investors (IND) (Max) | 2 | 4,000 | ₹ 2,80,000 |
| S-HNI (Min) | 3 | 6,000 | ₹ 4,20,000 |
| S-HNI (Max) | 7 | 14,000 | ₹ 9,80,000 |
| B-HNI (Min) | 8 | 16,000 | ₹ 11,20,000 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
8.13
5.91
|
| P/E (x) |
8.62
11.84
|
| Promoter Holding (%) |
100
-
|
| Market Cap | 69.33 |
IPO Lead Manager(s)
Lead Manager Details
- GYR Capital Advisors Private Limited
- Contact Person: Mr. Mohit Baid / Ms. Maitri Thakkar
- SEBI Registration Number: INM000012810
- Investor Grievance Email: investors@gyrcapitaladvisors.com
- Website: https://gyrcapitaladvisors.com/
- Email: shreebalajimala.ipo@gyrcapitaladvisors.in
- Phone: +91 8777564648 / +91 9157939409
- Address: 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej, Ahmedabad-380054, Gujarat, India
IPO Registrar
- Registrar Name
- KFin Technologies Limited
- Phone
- +91 40 6716 2222
- Contact Person
- Mr. M Murali Krishna
- SEBI Registration Number
- INR000000221
- Address
- 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai - 400070, Maharashtra, India
- Website
- https://www.kfintech.com/
Company Contact Details
- Company Name
- Shree Balaji (Mala) Textiles Limited
- cs@malasaree.com
- Phone
- +91 8910014345
- Contact Person
- Ms. Naina Saha, Company Secretary and Compliance Officer
- Corporate Identity Number
- U17299WB2005PLC105711
- Address
- 65, Sir Hariram Goenka Street, Ground Floor, Block-A, Bangur Arcade, Kolkata, West Bengal, India, 700007
- Website
- https://www.malasaree.com/
Shree Balaji (Mala) Textiles Limited FAQs
