GMP IPO Watch
Shree Balaji (Mala) Textiles IPO 2026: Textile Manufacturing Business, Growth Strategy, Financial Overview & Investment Insights
Shree Balaji (Mala) Textiles Limited is set to enter the primary market with its IPO, offe...
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S
SME IPO
LISTED
NSE, BSE
MALA
Shree Balaji (Mala) Textiles IPO
Shree Balaji (Mala) Textiles IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹16
+22.9%
Est. Listing: ₹86.00
Price Band
₹66 - ₹70
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,80,000
Issue Size
₹18.9 Cr
Total Public Offering
Issue Dates
21 July 2026 – 23 July 2026
Bidding period
Subscription
186.34x
Total overall demand
Shree Balaji (Mala) Textiles IPO Details
Key facts at a glance| IPO Open Date | 21 July 2026 | IPO Close Date | 23 July 2026 |
|---|---|---|---|
| Basis of Allotment | 26 July 2026 | Listing Date | 28 July 2026 |
| Price Band | ₹66 - ₹70 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,80,000 |
| Total Issue Size | ₹18.9 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Shree Balaji (Mala) Textiles IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 21 July 2026 | Confirmed |
| IPO Close Date | 23 July 2026 | Confirmed |
| Basis of Allotment | 26 July 2026 | Tentative |
| Initiation of Refunds | 28 July 2026 | Tentative |
| Credit of Shares to Demat | 28 July 2026 | Tentative |
| IPO Listing Date | 28 July 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 24 July 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Shree Balaji (Mala) Textiles IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,80,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,80,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹4,20,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹9,80,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹11,20,000 |
Shree Balaji (Mala) Textiles IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹16 +22.9%
Estimated Listing Price
₹86.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 24 Jul 2026 | ₹16 | ₹86.00 | +22.86% |
| 23 Jul 2026 | ₹16 | ₹86.00 | +22.86% |
| 22 Jul 2026 | ₹15 | ₹85.00 | +21.43% |
| 21 Jul 2026 | ₹14 | ₹84.00 | +20.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Shree Balaji (Mala) Textiles IPO Subscription Status
Demand breakdown by investor category
Retail
228.24x
QIB
113.55x
NII / HNI
—
Total
186.34x
About Shree Balaji (Mala) Textiles
Shree Balaji (Mala) Textiles Limited is an ethnic apparel company primarily focused on the sale of women’s sarees under its distinctive brand, Mala. The company’s core business revolves around its main product specialisation, cotton sarees, alongside embroidery and fancy sarees. It generates revenue from operations through product sales and sales of services to a business-to-business-focused market. Strategically adopting an asset-light operating model, the company relies heavily on outsourcing, manufacturing approximately 95% of its products through an extensive network of independent third-party job workers. While the company maintains its own manufacturing facility in Jetpur, Gujarat, the majority of its production processes, such as bleaching, printing, and embellishments, are outsourced to these intermediaries. The business relies heavily on traditional distribution channels, serving a wide network of retailers, wholesalers, and dealers, with its primary revenue generation heavily concentrated within the Eastern India region.
Key Strengths
- Experienced Promoters possessing deep domain knowledge to effectively scale up the business operations.
- Possession of a vast, versatile, and diversified product portfolio of sarees for women.
- Maintained long-standing operational relationships with a network of third-party job workers.
- Established business ability to procure fabric and material requirements in bulk quantities.
- Presence of a management team and an efficient operational team with established track records.
Key Risks
- A substantial portion of total revenue is highly concentrated on a single product segment of cotton sarees.
- Operations are highly dependent on third-party job workers who manufacture approximately 95% of the products.
- Revenue generation is heavily concentrated in the Eastern India region, heightening exposure to regional risks.
- The company experienced negative cash flows from operating activities during the recent 2026 fiscal year.
- Business operations are dependent on a domestic market and subject to seasonal demand variations around regional festivals.
Shree Balaji (Mala) Textiles IPO Reservation & Share Quotas
Shree Balaji (Mala) Textiles Limited has reserved shares for different categories of investors in accordance with the applicable SEBI regulations for SME book-built public issues. The allocation covers Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors.
The category-wise reservation ensures balanced participation from institutional and retail investors while providing broad market access during the IPO subscription period.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 7,64,000 Shares | 28.30% |
| QIB (Ex. Anchor) | 5,10,000 Shares | 18.89% |
| NII Shares Offered | 3,90,000 Shares | 14.44% |
| Retail Shares Offered | 9,00,000 Shares | 33.33% |
Shree Balaji (Mala) Textiles IPO Anchor Investors
Shree Balaji (Mala) Textiles Limited has scheduled its anchor investor bidding one day before the IPO opens for public subscription. The anchor portion is reserved for eligible institutional investors and is intended to attract quality institutional participation before the public issue begins.
The final list of anchor investors and the amount mobilized through the anchor book will be announced after the completion of the anchor allocation process. The currently available details are provided below.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 21, 2026 |
| Anchor Investors List | |
| Shares Offered | 7,64,000 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The names of anchor investors, the total anchor investment amount, and the exact lock-in expiry dates will be updated after the completion of the anchor allocation and official disclosure by the company.
Shree Balaji (Mala) Textiles IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 22 Jul 2026 |
| IPO Close Date | 24 Jul 2026 |
| Basis of Allotment | 27 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 29 Jul 2026 |
Note: The timeline for श्री बालाजी (माला) टेक्सटाइल्स IPO is tentative and subject to change.
Shree Balaji (Mala) Textiles Promoters and Shareholding Pattern
The promoters of Shree Balaji (Mala) Textiles Limited are Binod Kumar Kedia, Anita Kedia, and Mrityunjay Commosales Pvt. Ltd. The promoter group has played a significant role in the company's establishment, operational growth, and business development over the years.
Prior to the IPO, the promoters hold the entire equity share capital of the company. Following the fresh issue of shares, the promoter stake will be diluted, although the promoter group is expected to continue retaining management control of the company after the public issue.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 72,05,000 | 100% |
| Promoter Holding Post Issue | 99,05,000 | -% |
Note: The post-issue promoter shareholding percentage will be updated after the completion of the IPO process and the final allotment of equity shares, as disclosed in the company's post-issue shareholding pattern.
Shree Balaji (Mala) Textiles Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Shree Balaji (Mala) Textiles About the IPO
Shree Balaji (Mala) Textiles Limited was founded in 2005 and began its journey in the manufacturing and wholesale distribution of high-quality cotton sarees. The firm sells its products under the brand “Mala Saree,” offering a wide range of designs and styles to appeal to a diverse customer base. As of March 2026, the firm operates in a B2B model, distributing products to over 105 brokers, 13 dealers, 69 wholesalers, and approximately 3,000 retailers.
Its product portfolio includes Cotton Saree, Embroidery, and Fancy Saree comes in different fabrics, weaving, patterns, and ornamentation, starting from the range of around ₹270, considering the low, medium, and high range. Its manufacturing facility is located in Jetpur, Gujarat, and comprises a diverse range of cotton sarees with multiple design options and fabric variations.
Shree Balaji (Mala) Textiles Company Financial Report
To Be Updated Soon
Shree Balaji (Mala) Textiles Company Valuation & Key Performance Indicators
To Be Updated Soon
Shree Balaji (Mala) Textiles Peer Group Comparison
To Be Updated Soon
Shree Balaji (Mala) Textiles Lead Managers & Merchant Bankers
- GYR Capital Advisors Pvt. Ltd.
Shree Balaji (Mala) Textiles IPO FAQs
Shree Balaji (Mala) Textiles IPO opens for subscription on 21 July 2026 and closes on 23 July 2026.
The price band for Shree Balaji (Mala) Textiles IPO is set at ₹66.00 to ₹70.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,80,000).
The latest Grey Market Premium (GMP) for Shree Balaji (Mala) Textiles IPO is ₹16. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Shree Balaji (Mala) Textiles IPO is tentatively scheduled for 26 July 2026, and shares are expected to list on the stock exchanges on 28 July 2026.
The registrar details will be confirmed in the official prospectus.
Shree Balaji (Mala) Textiles IPO Analysis & Articles
