
✓
Open
22 Jul 2026
✓
Close
24 Jul 2026
3
Allotment
—
4
Listing
Wed, Jul 29, 2026T
Price Band
₹66 to ₹70
Issue Size
27,00,000 shares (agg. up to ₹19 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jul 29, 2026T
Latest GMP
₹13
Est. Gain
18.57%
✦ AI Insight
GMP Trend
24-07-2026₹13Est. ₹83+18.57%
23-07-2026₹16Est. ₹86+22.86%
22-07-2026₹16Est. ₹86+22.86%
21-07-2026₹15Est. ₹85+21.43%
20-07-2026₹13Est. ₹83+18.57%
19-07-2026₹11Est. ₹81+15.71%
18-07-2026₹19Est. ₹89+27.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 113.55x |
| NII | 249.47x |
| Retail | 228.24x |
| Total | 200.34x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 148.64 | 138.88 | 127.51 |
| Total Income | 212.40 | 193.44 | 195.89 |
| Profit After Tax | 5.85 | 4.95 | 2.46 |
| EBITDA | 15.50 | 13.20 | 10.23 |
| NET Worth | 27.51 | 21.65 | 16.70 |
| Reserves and Surplus | 20.30 | 20.93 | 15.98 |
| Total Borrowing | 69.08 | 48.75 | 51.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹93.50 (+2.80%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹75.38 (-0.16%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹36.65 (-0.35%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.25 (-1.91%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹97.00 (-1.12%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹59.00 (+0.00%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹28.45 (-0.70%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹204.15 (-0.46%) |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹90.04 (-4.96%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹608.25 (+5.59%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹103.00 (+0.00%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹40.84 (-1.37%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 16.50 |
| 2 | General Corporate Purposes | |
| Total | 16.50 |
About Shree Balaji Mala IPO
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
Contact Details
Shree Balaji (Mala) Textiles Ltd. Address65, Sir Hariram Goenka StreetGround Floor, Block-A,Bangur ArcadeKolkata, West Bengal, 700007+91 8910014345cs@malasaree.comVisit Website