- POSITIVE
Annual Revenue Shree Balaji Mala Textiles Mar-2026 Annual Revenue is Rs 212 Cr which is growth of 9.8% YoY.
- POSITIVE
Annual Net Profit Shree Balaji Mala Textiles Mar-2026 Annual Net Profit is Rs 6 Cr which is growth of 18.4% YoY.

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 Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹264,000 | 2 | 2 | 2000 | 2.7 M | ₹66 - ₹70 | 72.74 % | ₹178.2 M - ₹189.0 M | RHP DOC |
Shree Balaji Mala Textiles IPO SUBSCRIPTION STATUS
24 Jul '26Shree 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
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
24 Jul 2026 (Day 3) | 303.15x | 335.5x | 59.82x |
23 Jul 2026 (Day 2) | 38.11x | 24.37x | 0.53x |
22 Jul 2026 (Day 1) | 6.94x | 2.67x | - |
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
Shree Balaji Mala Textiles IPO IMPORTANT DATES
| Issue Open Date | 22 Jul 2026 |
| Issue close Date | 24 Jul 2026 |
| Allotment Date | 27 Jul 2026 |
| Refund Date | 28 Jul 2026 |
| Demat Account Credit Date | 28 Jul 2026 |
| Listing Date | 29 Jul 2026 |
| Listing on Exchange(s) | BSE |
| Shree Balaji Mala Textiles Allotment Status | Exchange/ 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 Price | 133.0 |
| Listing Close Price | 126.3 |
| Listing Gain% | 90.0% |
| Current Gain% | -27.1% |
Shree Balaji Mala Textiles Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shree Balaji (Mala) Textiles Ltd. | 51 | 50.5 | 8.6 | 0.5 | 0.2 | 21.3 | 3.9 | 212.4 | 9.8 | 5.9 | 18.4 | 5.9 | 18.4 |
| Lenskart Solutions Ltd. | 678.2 | 117920 | 179.9 | 12.2 | 5.6 | 3.4 | 8988.3 | 28.2 | 493.6 | 67 | 3.8 | ||
| Page Industries Ltd. | 34500 | 38481 | 50.9 | -43.8 | 7.2 | 50.8 | 26.7 | 5310.7 | 6.3 | 763.8 | 4.8 | 677.6 | -1.2 |
| Pearl Global Industries Ltd. | 1192.6 | 11030.4 | 35.5 | 1.5 | 2.1 | 19 | 8.6 | 5061.7 | 11.5 | 277.7 | 11.8 | 33.6 | 23.7 |
| Timex Group India Ltd. | 605.9 | 6116.6 | 71.3 | 0.7 | 7.2 | 100.1 | 22.3 | 800.6 | 48.3 | 75.4 | 140.1 | 8.5 | 96.5 |
| Safari Industries (India) Ltd. | 1181.1 | 5773.9 | 35 | 3.2 | 2.7 | 15 | 11.6 | 2071.8 | 15.1 | 167.8 | 17.5 | 33.8 | 10.9 |
Shree Balaji Mala Textiles annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | Mar '26 | Mar '25 | Mar '24 |
|---|---|---|---|---|
| 212.4 | 193.4 | 195.9 | ||
Operating Exp. Ann. | 196.7 | 180.2 | 185.6 | |
Operating Profit Ann. | 15.3 | 12.9 | 9.9 | |
OPM Ann. % | 7.19% | 6.66% | 5.07% | |
| 204.5 | 186.8 | 192.6 | ||
EBITDA Ann. | 15.7 | 13.3 | 10.3 | |
EBITDA Ann. margin % | 7.40% | 6.87% | 5.25% | |
Interest Ann. | 7.4 | 6.3 | 6.6 | |
Depr. | 0.4 | 0.4 | 0.4 | |
PBT Ann. | 7.9 | 6.6 | 3.3 | |
Tax Ann. | 2.1 | 1.7 | 0.8 | |
| 5.9 | 5 | 2.5 | ||
Net Profit Ann. | 5.9 | 5 | 2.5 | |
NPM Ann. % | 2.76% | 2.56% | 1.25% | |
EPS Adj. latest Ann. | 5.9 | 5 | 2.5 |
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
| Name | Designation |
|---|---|
| Binod Kumar Kedia | Managing Director |
| Anita Kedia | Whole - Time Director |
| Shresth Kedia | Executive Director |
| Hemlata Kedia | Non- Executive Non- Independent Director |
| Gautam Dugar | Independent Director |
| Manoj Baid | Independent 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
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
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
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
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
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
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.
