Shree Balaji (Mala) Textiles Ltd IPO Review 2026: Listing Dates, Allotment, GMP & Overview
Shree Balaji Mala IPO is a BSE SME book-built issue worth ₹18.90 crore comprising a fresh issue of 27 lakh equity shares. The IPO opens on July 22, 2026 and closes on July 24, 2026. The company manufactures and distributes cotton sarees under the "Mala Saree" brand through a nationwide B2B distribution network covering brokers, dealers, wholesalers and retailers across India.
Shree Balaji Mala IPO Details
| IPO Opening Date | July 22, 2026 |
| IPO Closing Date | July 24, 2026 |
| Allotment Date | July 27, 2026 (Tentative) |
| Refund Initiation | July 28, 2026 (Tentative) |
| Credit of Shares | July 28, 2026 (Tentative) |
| Listing Date | July 29, 2026 (Tentative) |
| Issue Type | Book Built IPO |
| Issue Size | ₹18.90 Crore |
| Fresh Issue | 27,00,000 Equity Shares aggregating up to ₹18.90 Crore |
| Offer for Sale | Nil |
| Price Band | ₹66 to ₹70 per share |
| Face Value | ₹10 per share |
| Lot Size | 2,000 Shares |
| Minimum Retail Investment | ₹2,80,000 (4,000 shares) |
| Minimum HNI Investment | ₹4,20,000 (6,000 shares) |
| Issue Type | Fresh Issue Only |
| Listing Exchange | BSE SME |
| Lead Manager | GYR Capital Advisors Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Market Maker | Mansi Share & Stock Broking Pvt. Ltd. |
| Market Maker Reservation | 1,36,000 Shares |
| Net Issue to Public | 25,64,000 Shares |
| Pre-Issue Shareholding | 72,05,000 Shares |
| Post-Issue Shareholding | 99,05,000 Shares |
| Pre-IPO Market Capitalization | ₹69.33 Crore |
Refer to RHP for detailed information.
About Shree Balaji (Mala) Textiles Limited
Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is engaged in the manufacturing and wholesale distribution of cotton sarees under its flagship brand "Mala Saree". The company primarily operates in the B2B cotton saree market and caters to wholesalers, dealers, brokers and retailers across India.
The company has built a wide distribution network comprising more than 105 brokers, 13 dealers, 69 wholesalers and around 3,000 retailers as of March 31, 2026. Its network spans across East, West, North, South, Central and North-East India.
The manufacturing facility located in Jetpur, Gujarat is equipped to produce multiple cotton saree designs and fabric variations catering to various customer preferences and price segments.
Shree Balaji focuses on affordability, quality and design innovation while targeting the organized saree segment in India.
As of July 15, 2026, the company had 47 permanent employees and approximately five daily wage workers supporting manufacturing and operations.
Product Portfolio
- Cotton Sarees
- Embroidery Sarees
- Fancy Sarees
- Daily Wear Sarees
- Occasion Wear Sarees
- Designer Cotton Sarees
- Patterned and Ornamented Sarees
Business Strengths
- Established "Mala Saree" brand presence in India's cotton saree segment.
- Extensive nationwide B2B distribution network.
- Diversified product portfolio catering to multiple consumer segments.
- Strong relationships with brokers, dealers and wholesalers.
- Focus on affordable pricing with broad market appeal.
- Manufacturing flexibility with multiple design and fabric options.
- Experienced management team with sector expertise.
- Strong presence in the organized cotton saree market.
IPO Allotment & Application Status
Registrar: Kfin Technologies Ltd.
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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Frequently Asked Questions (FAQs):
When will Shree Balaji Mala IPO open?
Shree Balaji Mala IPO opens for subscription on July 22, 2026 and closes on July 24, 2026.
What is the issue size of Shree Balaji Mala IPO?
The IPO size is ₹18.90 crore comprising a fresh issue of 27 lakh equity shares.
What is the price band of Shree Balaji Mala IPO?
The IPO price band has been fixed at ₹66 to ₹70 per equity share.
What is the lot size for Shree Balaji Mala IPO?
The minimum application lot size is 2,000 shares and the minimum retail investment amount is ₹2,80,000 at the upper price band.
What does Shree Balaji (Mala) Textiles Limited do?
The company manufactures and distributes cotton sarees under the Mala Saree brand through a nationwide B2B distribution network.
Where will Shree Balaji Mala IPO be listed?
The shares are proposed to be listed on the BSE SME platform with a tentative listing date of July 29, 2026.
Who are the lead manager and registrar for Shree Balaji Mala IPO?
GYR Capital Advisors Pvt. Ltd. is the book-running lead manager and Kfin Technologies Ltd. is the registrar to the issue.
Is Shree Balaji Mala IPO a fresh issue or an OFS?
The IPO consists entirely of a fresh issue of equity shares and does not include any offer for sale component.
How extensive is the company's distribution network?
As of March 31, 2026, the company had a network of over 105 brokers, 13 dealers, 69 wholesalers and approximately 3,000 retailers across India.
Investor Education Hub: Everything You Need to Know About IPOs
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