Shree Balaji Mala IPO: dates, price band, lot size and GMP
Shree Balaji Mala IPO listed on 29 Jul at ₹133 (BSE SME). Issue dates 22 – 24 Jul 2026, price band ₹70, lot 2,000 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Shree Balaji Mala listed on 29 Jul 2026 on BSE SME at ₹133, +₹63 (+90.0%) against the ₹70 upper band. Shree Balaji Mala IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Shree Balaji Mala IPO has a price band of ₹70, a lot of 2,000 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 22 – 24 Jul 2026 |
| Price band | ₹70 |
| Lot size | 2,000 shares |
| Issue size | ₹18.90 Cr |
| Fresh issue | ₹17.95 Cr |
| Subscription | 200.34x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | GYR Capital Advisors Pvt.Ltd. |
| Status | Listed |
Timeline
- Issue opens: 22 Jul
- Issue closes: 24 Jul
- Allotment: 27 Jul
- Refunds: 28 Jul
- Demat credit: 28 Jul
- Listing: 29 Jul
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 113.55x |
| NII | 249.47x |
| sNII | 193.75x |
| bNII | 277.33x |
| Retail | 228.24x |
| Total | 200.34x |
Last updated 24 Jul 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹69.33 Cr |
| P/E (pre-issue) | 8.62x |
| P/E (post-issue) | 11.84x |
| Fresh issue (shares) | 25,64,000 |
| Total shares offered | 25,64,000 |
| Promoter holding pre-issue | 100% |
| Promoters | Binod Kumar Kedia, Anita Kedia, Mrityunjay Commosales Pvt.Ltd. |
| Lead managers | GYR Capital Advisors Pvt.Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | shreebalaji.ipo@kfintech.com |
| Company website | malasaree.com |
| Anchor bid date | 21 Jul 2026 |
| Anchor lock-in ends (50%) | 26 Aug 2026 |
| Anchor lock-in ends (remaining) | 25 Oct 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 4,000 | ₹2,80,000 |
| Retail (maximum) | 2 | 4,000 | ₹2,80,000 |
| sNII (minimum) | 3 | 6,000 | ₹2,80,000 |
| bNII (minimum) | 3 | 6,000 | ₹11,20,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 29.8% | 7,64,000 | |
| QIB | 19.9% | 5,10,000 | Not more than 50% of the Net Issue |
| NII (HNI) | 15.2% | 3,90,000 | Not less than 15% of the Net Issue |
| sNII | 5.1% | 1,30,000 | |
| bNII | 10.1% | 2,60,000 | |
| Retail | 35.1% | 9,00,000 | Not less than 35% of the Net Issue |
| Market Maker | 5.3% | 1,36,000 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 24 Jul | 113.55x | 249.47x | 193.75x | 277.33x | 228.24x | 200.34x |
Key ratios
| EPS (pre-issue) | ₹8.13 |
|---|---|
| EPS (post-issue) | ₹5.91 |
| P/E (pre-issue) | 8.62x |
| P/E (post-issue) | 11.84x |
| PAT margin | 2.56% |
| Price / book | 2.33x |
| NAV per share | ₹30.05 |
| Market cap (upper band) | ₹69.33 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 148.64 | 138.88 | 127.51 | +7% |
| Total Income | 212.4 | 193.44 | 195.89 | +9.8% |
| Profit After Tax | 5.85 | 4.95 | 2.46 | +18.2% |
| EBITDA | 15.5 | 13.2 | 10.23 | +17.4% |
| NET Worth | 27.51 | 21.65 | 16.7 | +27.1% |
| Reserves and Surplus | 20.3 | 20.93 | 15.98 | −3% |
| Total Borrowing | 69.08 | 48.75 | 51.37 | +41.7% |
About Shree Balaji Mala
Shree Balaji (Mala) Textiles Limited is primarily engaged in the manufacturing and wholesale trading of cotton sarees, serving the Business-to-Business (B2B) textile market across India. The company markets its products under the well-recognized “Mala Saree” brand, offering an extensive collection of cotton sarees featuring diverse patterns, designs, and styles to cater to varying customer preferences. The company has established a robust distribution network that facilitates the supply of its products across multiple regions of the country. As of March 31, 2025, its network comprised more than 100 brokers, 10 dealers, 65 wholesalers, and approximately 2,300 retailers.
This widespread presence enables the company to effectively serve customers across North, South, East, West, Central, and Northeast India. Its manufacturing facility is situated in Jetpur, Gujarat, and spans approximately 9–14 gunthas of land. The facility is equipped with the necessary infrastructure to produce a broad range of cotton sarees in various fabric qualities, colors, and design combinations. Through a focus on product quality, evolving fashion trends, and competitive pricing, the company has built a strong position within India's organized cotton saree industry.
Objects of the issue
- Funding working capital requirements of the Company — ₹16.5 Cr
- General Corporate Purposes
Net proceeds: ₹16.5 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shree Balaji (Mala) Textiles Ltd. (issuer) | 8.13 | 8.13 | 38.17 | — | 21.28% | — | — |
| N R Vandana Tex Industries Limited | 4.73 | 4.73 | 31.11 | 15.03x | 14.43% | 2.29 | — |
| Saraswati Saree Depot Limited | 5.89 | 5.89 | 49.16 | 9.32x | 12.02% | 1.1 | — |
All the financial information for listed industry peer mentioned above is sourced from the Annual Reports of the aforesaid companies for the year ended March 31, 2025 and stock exchange data dated July 14, 2026 to compute the corresponding financial ratios for the financial year ended March 31, 2026.
Offer documents: DRHP (PDF) · RHP (PDF)
Frequently asked questions
When does the Shree Balaji Mala IPO open and close?
The issue is scheduled for 22 – 24 Jul 2026.
What is the Shree Balaji Mala IPO price band?
The price band is ₹70 per share with a lot size of 2,000 shares.
How big is the Shree Balaji Mala IPO?
The total issue size is ₹18.90 Cr.
When will Shree Balaji Mala list?
The tentative listing date is 29 Jul on the SME platform.
How do I apply for the Shree Balaji Mala IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Shree Balaji Mala · as filed with SEBI · bsesme.com
- Red herring prospectus (RHP), Shree Balaji Mala · as filed · bseindia.com
- Registrar allotment page, Kfin Technologies Ltd. · allotment 27 Jul · ipostatus.kfintech.com
- BSE SME issues page · listing 29 Jul · bsesme.com
- Shree Balaji Mala company website · malasaree.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 29 Jul, 03:59 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Shree Balaji Mala IPO”, https://buyunlistedshares.com/ipo/shree-balaji-mala-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
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