Shree Balaji (Mala) Textiles IPO GMP today is Rs 16. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
MALA
Shree Balaji (Mala) Textiles IPO GMP & Allotment
Shree Balaji (Mala) Textiles Limited is an ethnic apparel company primarily focused on the sale of women’s sarees under its distinctive brand, Mala. The company’s core business revolves around its main product specialisation, cotton sarees, alongside embroidery and fancy sarees. It generates revenue from operations through product sales and sales of services to a business-to-business-focused market. Strategically adopting an asset-light operating model, the company relies heavily on outsourcing, manufacturing approximately 95% of its products through an extensive network of independent third-party job workers. While the company maintains its own manufacturing facility in Jetpur, Gujarat, the majority of its production processes, such as bleaching, printing, and embellishments, are outsourced to these intermediaries. The business relies heavily on traditional distribution channels, serving a wide network of retailers, wholesalers, and dealers, with its primary revenue generation heavily concentrated within the Eastern India region.
- IPO Price Band
- ₹66.00 - ₹70.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 24 Jul 2026
- Listing Date
- 29 Jul 2026
Quick Answer & Highlights
Shree Balaji (Mala) Textiles IPO GMP Today & Key Takeaways
Last updated: 24 Jul 2026
Shree Balaji (Mala) Textiles IPO officially listed on 29 Jul 2026 at Rs 133.00, delivering a +90.00% listing gain compared to its issue price of Rs 70.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹16.
Shree Balaji (Mala) Textiles IPO officially listed on 29 Jul 2026 at ₹133.00, delivering a +90.00% listing gain compared to its issue price of ₹70.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹16.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹16 | +22.86% vs upper band (24 Jul 2026) |
| Est. Listing Price | ₹133.00 | +90.00% Est. Listing Gain |
| Price Band | ₹66.00 - ₹70.00 | SME IPO |
| Retail Minimum Investment | ₹2,80,000 | 2 Lot (2,000 Shares) |
| Bidding Window | 22 Jul 2026 – 24 Jul 2026 | Listed |
| Allotment & Listing Dates | Allotment: 27 Jul 2026 | Listing: 29 Jul 2026 |
Current GMP Status
₹16
+22.86% vs upper band
Est. Listing Gain
+90.00%
Last Trend
24 Jul 2026
Listing Price
₹133.00
Retail Entry
₹2,80,000
IPO Details
Complete IPO information
| IPO Open Date | 22 Jul 2026 |
|---|---|
| IPO Close Date | 24 Jul 2026 |
| IPO Price Band | ₹66.00 - ₹70.00 |
| Lot Size | 2,000 Shares |
| Current GMP | ₹16 |
| Estimated Listing Gain | +90.00% |
| Issue Size | Approx ₹18.90 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 186.34x |
| Minimum Investment | ₹2,80,000 |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Shree Balaji (Mala) Textiles is priced at ₹70 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,80,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Shree Balaji (Mala) Textiles stands at ₹16, implying an estimated listing gain of around 22.86% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Shree Balaji (Mala) Textiles's IPO was subscribed 186.34x overall, with a category-wise breakdown of Retail 228.24x, QIB 113.55x.
Among the strengths highlighted in Shree Balaji (Mala) Textiles's IPO documents: Experienced Promoters possessing deep domain knowledge to effectively scale up the business operations.; Possession of a vast, versatile, and diversified product portfolio of sarees for women..
Investors should also weigh the risk factors Shree Balaji (Mala) Textiles has disclosed, including: A substantial portion of total revenue is highly concentrated on a single product segment of cotton sarees..
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
22 Jul 2026
✓
Bidding Closes
24 Jul 2026
✓
Allotment
27 Jul 2026
✓
Listing
29 Jul 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 22 Jul 2026 | Completed |
| Bidding Closes | 24 Jul 2026 | Completed |
| Allotment | 27 Jul 2026 | Completed |
| Listing | 29 Jul 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 24 Jul 2026 | ₹16.00 | - | 22.86% |
| 23 Jul 2026 | ₹16.00 | +₹1.00 | 22.86% |
| 22 Jul 2026 | ₹15.00 | +₹1.00 | 21.43% |
| 21 Jul 2026 | ₹14.00 | - | 20.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,80,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,80,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹4,20,000 |
| S-HNI Maximum | 7 Lot | 14,000 | ₹9,80,000 |
| B-HNI Minimum | 8 Lot | 16,000 | ₹11,20,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- Experienced Promoters possessing deep domain knowledge to effectively scale up the business operations.
- Possession of a vast, versatile, and diversified product portfolio of sarees for women.
- Maintained long-standing operational relationships with a network of third-party job workers.
- Established business ability to procure fabric and material requirements in bulk quantities.
- Presence of a management team and an efficient operational team with established track records.
Risks
- A substantial portion of total revenue is highly concentrated on a single product segment of cotton sarees.
- Operations are highly dependent on third-party job workers who manufacture approximately 95% of the products.
- Revenue generation is heavily concentrated in the Eastern India region, heightening exposure to regional risks.
- The company experienced negative cash flows from operating activities during the recent 2026 fiscal year.
- Business operations are dependent on a domestic market and subject to seasonal demand variations around regional festivals.
Analysis
Shree Balaji (Mala) Textiles IPO Reservation
Shree Balaji (Mala) Textiles Limited has reserved shares for different categories of investors in accordance with the applicable SEBI regulations for SME book-built public issues. The allocation covers Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors.
The category-wise reservation ensures balanced participation from institutional and retail investors while providing broad market access during the IPO subscription period.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 7,64,000 Shares | 28.30% |
| QIB (Ex. Anchor) | 5,10,000 Shares | 18.89% |
| NII Shares Offered | 3,90,000 Shares | 14.44% |
| Retail Shares Offered | 9,00,000 Shares | 33.33% |
Analysis
Shree Balaji (Mala) Textiles IPO Anchor Investors
Shree Balaji (Mala) Textiles Limited has scheduled its anchor investor bidding one day before the IPO opens for public subscription. The anchor portion is reserved for eligible institutional investors and is intended to attract quality institutional participation before the public issue begins.
The final list of anchor investors and the amount mobilized through the anchor book will be announced after the completion of the anchor allocation process. The currently available details are provided below.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 21, 2026 |
| Anchor Investors List | |
| Shares Offered | 7,64,000 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The names of anchor investors, the total anchor investment amount, and the exact lock-in expiry dates will be updated after the completion of the anchor allocation and official disclosure by the company.
Analysis
Shree Balaji (Mala) Textiles IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 22 Jul 2026 |
| IPO Close Date | 24 Jul 2026 |
| Basis of Allotment | 27 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 29 Jul 2026 |
Note: The timeline for Shree Balaji (Mala) Textiles IPO is tentative and subject to change.
Analysis
Shree Balaji (Mala) Textiles IPO Promoters and Holding Pattern
The promoters of Shree Balaji (Mala) Textiles Limited are Binod Kumar Kedia, Anita Kedia, and Mrityunjay Commosales Pvt. Ltd. The promoter group has played a significant role in the company's establishment, operational growth, and business development over the years.
Prior to the IPO, the promoters hold the entire equity share capital of the company. Following the fresh issue of shares, the promoter stake will be diluted, although the promoter group is expected to continue retaining management control of the company after the public issue.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 72,05,000 | 100% |
| Promoter Holding Post Issue | 99,05,000 | -% |
Note: The post-issue promoter shareholding percentage will be updated after the completion of the IPO process and the final allotment of equity shares, as disclosed in the company's post-issue shareholding pattern.
Analysis
Shree Balaji (Mala) Textiles Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
Shree Balaji (Mala) Textiles - About IPO
Shree Balaji (Mala) Textiles Limited was founded in 2005 and began its journey in the manufacturing and wholesale distribution of high-quality cotton sarees. The firm sells its products under the brand “Mala Saree,” offering a wide range of designs and styles to appeal to a diverse customer base. As of March 2026, the firm operates in a B2B model, distributing products to over 105 brokers, 13 dealers, 69 wholesalers, and approximately 3,000 retailers.
Its product portfolio includes Cotton Saree, Embroidery, and Fancy Saree comes in different fabrics, weaving, patterns, and ornamentation, starting from the range of around ₹270, considering the low, medium, and high range. Its manufacturing facility is located in Jetpur, Gujarat, and comprises a diverse range of cotton sarees with multiple design options and fabric variations.
Analysis
Shree Balaji (Mala) Textiles Company Financials
To Be Updated Soon
Analysis
Shree Balaji (Mala) Textiles Company Valuation – FY2026
To Be Updated Soon
Analysis
Shree Balaji (Mala) Textiles IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt. Ltd.
Comparison
Compare Shree Balaji (Mala) Textiles IPO with similar IPOs
FAQ
Shree Balaji (Mala) Textiles IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 16 and an issue price of Rs 70, the estimated listing price for Shree Balaji (Mala) Textiles IPO is Rs 86.00 (approx 22.86% listing gain). Actual listing price is determined by market demand on the listing day.
Shree Balaji (Mala) Textiles IPO price band is Rs 66.00 to Rs 70.00. Check the latest issue price, lot size and GMP together before applying.
Shree Balaji (Mala) Textiles IPO open date is 22 Jul 2026, close date is 24 Jul 2026, and listing date is 29 Jul 2026.
Shree Balaji (Mala) Textiles IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,80,000.
Shree Balaji (Mala) Textiles is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Shree Balaji (Mala) Textiles IPO subscription status currently shows Retail 228.24x, QIB 113.55x, Overall 186.34x.
Shree Balaji (Mala) Textiles Limited is an ethnic apparel company primarily focused on the sale of women’s sarees under its distinctive brand, Mala. The company’s core business revolves around its main product specialisation, cotton sarees, alongside embroidery and fancy sarees. It generates revenue from operations through product sales and sales of services to a business-to-business-focused market. Strategically adopting an asset-light operating model, the company relies heavily on outsourcing, manufacturing approximately 95% of its products through an extensive network of independent third-party job workers. While the company maintains its own manufacturing facility in Jetpur, Gujarat, the majority of its production processes, such as bleaching, printing, and embellishments, are outsourced to these intermediaries. The business relies heavily on traditional distribution channels, serving a wide network of retailers, wholesalers, and dealers, with its primary revenue generation heavily concentrated within the Eastern India region.
Shree Balaji (Mala) Textiles IPO issue size is 18.90 and the expected allotment date is 27 Jul 2026.
In our empirical study of 104 Indian IPO listings, positive GMP was followed by a positive listing gain 69.9% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 7.8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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