Shree Balaji (Mala) Textiles Ltd. logo

Shree Balaji (Mala) Textiles was incorporated on September 30, 2005. The company is a manufacturer and wholesaler of cotton sarees operating in India’s B2B textile market under the “Mala Saree” brand. Leveraging decades of industry experience, it offers a wide range of cotton saree designs and distributes its products through an extensive network of brokers, dealers, wholesalers, and retailers across India

Bidding Dates
22 Jul 2026 - 24 Jul 2026
Subscription
186.34x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹264,0002220002.7 M₹66 - ₹7072.74 %₹178.2 M - ₹189.0 MRHP DOC

Shree Balaji Mala Textiles IPO SUBSCRIPTION STATUS

24 Jul '26
Total186.34x
Retail Individual Investor303.15x
HNI (NII) Investors335.5x
Qualified Institutional Buyers59.82x

Shree Balaji Mala Textiles IPO overall subscription rate was 186.34 times the total available shares

Shree Balaji Mala Textiles IPO retail subscription rate was 303.15 times in the retail segment

Shree Balaji Mala Textiles IPO non-institutional investor subscription rate was 335.5 times in the non-institutional investor category

Shree Balaji Mala Textiles IPO Qualified Institutional Bidder subscription rate was 59.82 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
24 Jul 2026
(Day 3)
303.15x335.5x59.82x
23 Jul 2026
(Day 2)
38.11x24.37x0.53x
22 Jul 2026
(Day 1)
6.94x2.67x-

Shree Balaji Mala Textiles FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY26 212.0 5.9 -13.3 -13.4 7.3%
FY25 193.0 4.9 8.8 8.5 6.8%
FY24 195.5 2.5 4.0 3.9 5.2%

Shree Balaji Mala Textiles IPO SUBSCRIPTION STATUS DETAILS

Shree Balaji Mala Textiles had 2.7 M shares on offer

Shree Balaji Mala Textiles IPO offer price was in the range ₹66 - ₹70

Shree Balaji Mala Textiles IPO minimum Investment was ₹264000

Shree Balaji Mala Textiles IPO issue size was ₹ 178.2 M - ₹ 189.0 M

Shree Balaji Mala Textiles had a minimum lot size of 2000 Shares per application

Shree Balaji Mala Textiles NUMBER OF SHARES ON OFFER

Total2.7 M
Fresh Issue2.7 M
Offer for Sale0
Post Issue Promoter Holding %72.74 %

Shree Balaji Mala Textiles IPO IMPORTANT DATES

Issue Open Date22 Jul 2026
Issue close Date24 Jul 2026
Allotment Date27 Jul 2026
Refund Date28 Jul 2026
Demat Account Credit Date28 Jul 2026
Listing Date29 Jul 2026
Listing on Exchange(s)BSE
Shree Balaji Mala Textiles Allotment StatusExchange/ Registrar

Shree Balaji Mala Textiles IPO subscription opened on 22 Jul 2026, and closed on 24 Jul 2026

IPO allotment for Shree Balaji Mala Textiles was finalized on Monday, 27 Jul 2026

IPO listing for Shree Balaji Mala Textiles was on BSE on Wednesday, 29 Jul 2026

Shree Balaji Mala Textiles IPO LISTING GAINS

Issue Price (adjusted)70.0
Listing Open Price133.0
Listing Close Price126.3
Listing Gain%90.0%
Current Gain%-27.1%

Shree Balaji Mala Textiles Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Shree Balaji (Mala) Textiles Ltd.5150.58.60.50.221.33.9212.49.85.918.45.918.4
Lenskart Solutions Ltd.678.2117920179.912.25.63.48988.328.2493.6673.8
Page Industries Ltd.345003848150.9-43.87.250.826.75310.76.3763.84.8677.6-1.2
Pearl Global Industries Ltd.1192.611030.435.51.52.1198.65061.711.5277.711.833.623.7
Timex Group India Ltd.605.96116.671.30.77.2100.122.3800.648.375.4140.18.596.5
Safari Industries (India) Ltd.1181.15773.9353.22.71511.62071.815.1167.817.533.810.9

Shree Balaji Mala Textiles INFORMATION ON IPO ISSUE

About Shree Balaji Mala Textiles

Shree Balaji (Mala) Textiles was incorporated on September 30, 2005. The company is a manufacturer and wholesaler of cotton sarees operating in India’s B2B textile market under the “Mala Saree” brand. Leveraging decades of industry experience, it offers a wide range of cotton saree designs and distributes its products through an extensive network of brokers, dealers, wholesalers, and retailers across India

Object of the Issue

  • Funding the working capital requirements of the company
  • General corporate purposes

Shree Balaji Mala Textiles - PROMOTERS

Name
Binod Kumar Kedia
Anita Kedia
Shresth Kedia
Mrityunjay Commosales Private Limited

Shree Balaji Mala Textiles - MANAGEMENT & LEADERSHIP

NameDesignation
Binod Kumar KediaManaging Director
Anita KediaWhole - Time Director
Shresth KediaExecutive Director
Hemlata KediaNon- Executive Non- Independent Director
Gautam DugarIndependent Director
Manoj BaidIndependent Director

Shree Balaji Mala Textiles Book Running Lead Manager

GYR Capital Advisors Private Limited

shreebalajimala.ipo@gyrcapitaladvisors.in

Shree Balaji Mala Textiles Registrar to the Offer

Kfin Technologies Limited

shreebalaji.ipo@kfintech.com

Shree Balaji Mala Textiles Strengths

Diversified supplier & customer base

The company has over three decades of experience in the women’s apparel industry and has built strong, long-standing relationships with suppliers and manufacturers across key textile hubs in India. These relationships support efficient sourcing, competitive pricing, exclusive designs, and a diversified product portfolio tailored to regional customer preferences, enhancing the company’s market position and operational efficiency

Strength

Ability to buy in bulk quantities

The company benefits from strong procurement capabilities, enabling it to source products in large quantities and maintain a diverse product offering for its broad customer base. Its strategically located showroom in Kolkata, supported by four nearby warehouses, helps ensure efficient inventory management, consistent product availability, and optimized supply chain operations

Strength

Diverse product portfolio

The company offers a diverse portfolio of women’s ethnic wear, primarily focused on cotton sarees across various fabrics, patterns, weaves, and occasions. Its emphasis on quality, evolving fashion trends, and culturally diverse designs enables it to cater to a broad customer base, while recent expansion into synthetic sarees has further strengthened its product offerings

Strength

Shree Balaji Mala Textiles Risks

Quality control risks

Any failure in the company’s quality control processes may result in product defects, customer complaints, returns, or exchanges, potentially harming its reputation and customer relationships. Inability to consistently maintain product quality standards could adversely affect its business, financial condition, and results of operations

Risk

Depend on third party suppliers

The company relies on third-party suppliers for raw materials, finished goods, accessories, and packaging materials, making it vulnerable to supply disruptions, shortages, and price volatility. Any inability to procure adequate quantities of quality materials at competitive prices could increase costs, disrupt operations, and adversely affect its business, cash flows, and profitability

Risk

Seasonal demand & inventory risk

The company’s sales are influenced by seasonal demand, particularly during festive periods such as Durga Puja, Diwali, and other regional celebrations, which may lead to fluctuations in revenue and operating performance across quarters. Any mismatch between inventory levels and customer demand during peak seasons could result in excess stock, margin pressure, and adverse effects on cash flows, profitability, and business operations

Risk

IPO FAQs

  • The promoters of the company are Binod Kumar Kedia, Anita Kedia, Shresth Kedia and Mrityunjay Commosales Private Limited.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
  • The price band of the IPO is Rs 66.0 - 70.0.
  • The IPO application opens on Jul 22, 2026 and closes on Jul 24, 2026.
  • The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
  • For all category investors, the minimum application amount for this IPO is Rs. 264,000.0, the maximum value for this IPO is Rs 280,000.0.
  • This IPO will be allotted on Jul 27, 2026.
  • The refund will be credited to your account on Jul 28, 2026.
  • The allotted shares will be credited to your demat on Jul 28, 2026.
  • Shree Balaji (Mala) Textiles Ltd.’s shares listed on the stock exchanges on Jul 29, 2026.