Here are the fundamental details, financial performance metrics, and Grey Market Premium (GMP) data for the Shree Balaji (Mala) Textiles Limited SME IPO.
1. IPO & Company Overview
Incorporated in 2005, Kolkata-based Shree Balaji (Mala) Textiles Limited is a manufacturer, wholesaler, and exporter of cotton sarees and women’s apparel. Operating under its established brand name “Mala Saree,” the company relies on a nationwide B2B distribution network of brokers, dealers, wholesalers, and retailers.
Key Dates & Issue Details
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IPO Opening Date: July 22, 2026
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IPO Closing Date: July 24, 2026
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Allotment Finalization: July 27, 2026
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Tentative Listing Date: July 29, 2026 (BSE SME)
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Price Band: ₹66 to ₹70 per share
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Lot Size: 2,000 shares
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Minimum Retail Investment: ₹2,80,000 (Requires bidding for 2 lots / 4,000 shares)
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Total Issue Size: ₹18.90 Crore (Entirely a Fresh Issue of 27 lakh shares)
The company has demonstrated steady top-line growth over the past few years, though its increasing debt profile is a factor to note.
Key Financials (in ₹ Crores)
Key Performance Indicators (KPIs)
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Return on Net Worth (RoNW): 21.28% (FY26)
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Basic EPS: ₹8.13
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Post-IPO P/E Ratio: 11.84x
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Pre-IPO Market Capitalization: ₹69.33 Crore
Strengths & Risks
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Strengths: Strong B2B presence under the recognizable “Mala Saree” brand; established distribution pipeline across multiple Indian regions; experienced core promoters.
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Risks: Heavy product concentration in the women’s saree market; relies extensively on outsourcing to third-party manufacturing partners without exclusive contracts; recent fiscal cycles have encountered negative cash flows from operating activities.
3. Grey Market Premium (GMP)
As of July 17, 2026, market sentiments indicate positive initial demand:
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Current GMP: ~₹19 per share
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Estimated Listing Price: ₹89 per share (₹70 Cap Price + ₹19 GMP)
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Expected Listing Gain: ~27.14%