Shree Balaji (Mala) Textiles Limited

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

  • IPO Opening Date: July 22, 2026

  • IPO Closing Date: July 24, 2026

  • Allotment Finalization: July 27, 2026

  • Tentative Listing Date: July 29, 2026 (BSE SME)

  • Price Band: ₹66 to ₹70 per share

  • Lot Size: 2,000 shares

  • Minimum Retail Investment: ₹2,80,000 (Requires bidding for 2 lots / 4,000 shares)

  • Total Issue Size: ₹18.90 Crore (Entirely a Fresh Issue of 27 lakh shares)

    2. Fundamental & Financial Highlights

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)

Financial Year Total Income / Revenue Profit After Tax (PAT) EBITDA Total Borrowings Net Worth
FY26 ₹212.40 Cr ₹5.85 Cr ₹15.50 Cr ₹69.08 Cr ₹27.51 Cr
FY25 ₹193.44 Cr ₹4.95 Cr ₹13.20 Cr ₹48.75 Cr ₹21.65 Cr
FY24 ₹195.89 Cr ₹2.46 Cr ₹10.23 Cr ₹51.37 Cr ₹16.70 Cr

Key Performance Indicators (KPIs)

  • Return on Net Worth (RoNW): 21.28% (FY26)

  • Basic EPS: ₹8.13

  • Post-IPO P/E Ratio: 11.84x

  • Pre-IPO Market Capitalization: ₹69.33 Crore

Strengths & Risks

  • Strengths: Strong B2B presence under the recognizable “Mala Saree” brand; established distribution pipeline across multiple Indian regions; experienced core promoters.

  • 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:

  • Current GMP: ~₹19 per share

  • Estimated Listing Price: ₹89 per share (₹70 Cap Price + ₹19 GMP)

  • Expected Listing Gain: ~27.14%

    > Note: Grey Market Premium (GMP) is strictly an informal, unregulated market indicator. It reflects prevailing trader sentiment prior to listing but should not be taken as a direct forecast or guarantee of the eventual stock performance.
             ipoind.com
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