MALA · BSE · Textile Products
Shree Balaji (Mala) Textiles IPO listed on 29 Jul 2026 on BSE at ₹133.00, a gain of 90.00% over the issue price of ₹70.00. The IPO was subscribed 209.64x overall.
Shree Balaji (Mala) Textiles IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 22 Jul 2026 |
| IPO Close Date | 24 Jul 2026 |
| Basis of Allotment | 27 Jul 2026 |
| Initiation of Refunds | 28 Jul 2026 |
| Credit of Shares to Demat | 28 Jul 2026 |
| Listing Date | 29 Jul 2026 |
Listing day gain
+90%
Listed at ₹133 (issue ₹70)
Issue
₹70
Listing
₹133
Current
₹126.35
+80.5% vs issue
Day range
₹126.35 – ₹139.65
Issue Size
2,700,000 shares
(aggregating up to ₹19.00 Cr)
Issue Price
₹66 – ₹70
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹280,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
2,564,000 shares
(aggregating up to ₹18 Cr)
Offer for Sale
[.]
Reserved for Market Maker
136,000 shares
(aggregating up to ₹0.95 Cr)
Issue Type
book building
Open Date
22 Jul
Close Date
24 Jul
Allotment
27 Jul
Listing
29 Jul
Last updated: 2 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 28 Jul 2026 Latest | ₹70 | ₹15 | ₹85 | ₹15 |
21.43%
|
7:54 PM |
| 28 Jul 2026 | ₹70 | ₹15 | ₹85 | ₹15 |
21.43%
|
7:53 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 24 Jul 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 113.55x | - |
| NII | 249.47x | - |
| bNII (bids above ₹10L) | 277.33x | - |
| sNII (bids below ₹10L) | 193.75x | - |
| Individual Investors | 228.24x | - |
| Total | 209.64x | - |
Showing the latest subscription snapshot.
View full subscription historyBinod Kumar Kedia, Anita Kedia, Mrityunjay Commosales Pvt.Ltd. are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹280,000 |
| Retail (Max) | 2 | 4,000 | ₹280,000 |
| S-HNI (Min) | 3 | 6,000 | ₹420,000 |
| S-HNI (Max) | 7 | 14,000 | ₹980,000 |
| B-HNI (Min) | 8 | 16,000 | ₹1,120,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,274,000 (47.19%) |
|
•
Anchor Investor Shares Offered
|
764,000 (28.30%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
510,000 (18.89%) |
| NII (HNI) Shares Offered | 390,000 (14.44%) |
|
•
bNII > ₹10L
|
260,000 (9.63%) |
|
•
sNII < ₹10L
|
130,000 (4.81%) |
| Individual Investors Shares Offered | 900,000 (33.33%) |
| Market Maker Shares Offered | 136,000 (5.04%) |
| Total Shares Offered | 2,700,000 (100.00%) |
Started in 2005 as a small trading business by promoter Binod Kumar Kedia, Shree Balaji (Mala) Textiles Limited has grown into a highly trusted name in India’s traditional ethnic wear market. Headquartered in the historic trading hub of Kolkata, West Bengal, the company has transformed into a major Business-to-Business (B2B) manufacturer and wholesale distributor. It is widely recognized across the country for its flagship brand, "Mala Saree."
The company focuses entirely on creating high-quality cotton sarees that combine rich Indian traditions with modern everyday designs. Over the last two decades, the brand has built a very loyal network of retail partners and wholesalers by consistently delivering comfortable and affordable ethnic wear. By managing everything from design curation to mass production, the enterprise has successfully sold over 75 lakh sarees to date.
Led by core promoters Binod Kumar Kedia, Anita Kedia, and Shresth Kedia, the company operates on a very strong financial foundation. For the fiscal year ending March 2025, its total operational revenue reached ₹193.44 crore, bringing in a net profit (PAT) of ₹4.95 crore. To scale its operations further, Shree Balaji (Mala) Textiles Limited has filed its initial papers for a public listing on the BSE SME platform. The company intends to utilize the incoming public funds to manage its rising working capital demands and expand its brand presence across new Indian states.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 195.89 | 193.44 | 212.4 |
| Profit After Tax (PAT) | 2.46 | 4.95 | 5.85 |
| EBITDA | 10.23 | 13.2 | 15.5 |
| Total Assets | 127.51 | 138.88 | 148.64 |
| Net Worth | 16.7 | 21.65 | 27.51 |
| Reserves & Surplus | 15.98 | 20.93 | 20.3 |
| Total Borrowing | 51.37 | 48.75 | 69.08 |
Revenue & Profit Trend
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹8.13 | ₹5.91 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 8.62x | 11.84x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹50 Cr | ₹69 Cr |
The basis of allotment for Shree Balaji (Mala) Textiles IPO was finalised on 27 Jul 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Shree Balaji (Mala) Textiles IPO is expected to open in Jul 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Shree Balaji (Mala) Textiles IPO is ₹66.00 - ₹70.00 per share.
As per market sources, Shree Balaji (Mala) Textiles IPO GMP is currently ₹15.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Shree Balaji (Mala) Textiles IPO stands at 209.64x overall.
The listing date for Shree Balaji (Mala) Textiles IPO is 29 Jul 2026.
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