Shree Balaji (Mala) Textiles came to market through an SME IPO that opened on 22 July 2026 and closed on 24 July 2026, and the shares listed on 29 July 2026 on BSE SME. The price band was ₹66 to ₹70 per share and one lot was 2000 shares, so the minimum application was ₹1,40,000. The issue size was ₹18.9 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹133, a gain of 90% against the issue price of ₹70. Kfin Technologies Ltd was the registrar to the issue, and GYR Capital Advisors Pvt.Ltd was the lead manager.
As of 24 July 2026.
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Overall the issue was subscribed 200.42 times.
Incorporated in the year 2005, Shree Balaji (Mala) Textiles Limited is involved in manufacturing and wholesaling of high-quality cotton sarees in the B2B cotton sarees industry of India. The company uses the brand name ‘Mala Saree’ for its products and offers a wide variety of designs and styles that cater to different tastes of the consumers in India.
The company functions as a Business-to-Business (B2B) firm, which sells its products via a wide distribution channel that includes more than 100 brokers, 10 dealers, 65 wholesalers, and approximately 2,300 retailers till March 31, 2025. Its distribution channel covers Central, East, North, Northeast, South, and West India. The company’s manufacturing unit is based at Jetpur, Gujarat and is situated in about 9–14 gunthas land area.
It has the capability to manufacture a wide range of cotton sarees along with various options of designs and fabrics.
As described in the offer document.
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Shree Balaji (Mala) Textiles Limited finalised its anchor investor allocation on July 21, 2026, with 7,64,000 equity shares allotted to anchor investors at an anchor price of ₹70 per share, including a share premium of ₹60. The anchor book comprises 4 institutional investors. Shincho Asia Capital (Incorporated VCC Sub-Fund) received the largest allocation at 36.13%, followed by Visionary Capital Appreciation Fund at 26.18%.
Shine Star Build-Cap Pvt Ltd and Nine Alps Trust – Nine Alps Opportunity Fund each received 18.85% of the anchor portion.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Shree Balaji (Mala) Textiles IPO was a ₹18.9 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹66–₹70 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,80,000). The IPO was open from July 22 to July 24, 2026 and was subscribed 200.42x. Shares listed on BSE SME on July 29, 2026 at ₹133, a 90.0% premium to the issue price of ₹70. Kfin Technologies Ltd.
is the registrar. GYR Capital Advisors Pvt. Ltd. is the book running lead manager.
The price band of Shree Balaji (Mala) Textiles IPO is ₹66 to ₹70 per share.
The lot size of Shree Balaji (Mala) Textiles IPO is 2000 shares.
The minimum investment for Shree Balaji (Mala) Textiles IPO is approximately ₹2,80,000 based on the upper price band.
The allotment date of Shree Balaji (Mala) Textiles IPO is Jul 27, 2026.
Shree Balaji (Mala) Textiles IPO's final recorded GMP before listing was ₹25 per share (a 36% premium over the ₹70 upper price band). The shares listed at ₹133. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Shree Balaji (Mala) Textiles IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shree Balaji (Mala) Textiles IPO allotment status on Rupix for quick and easy access.
₹66 to ₹70 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,40,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,40,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 22 July 2026 and closed on 24 July 2026.
The basis of allotment was published on 27 July 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 29 July 2026 on BSE SME, opening at ₹133.
The issue size was ₹18.9 crore. The fresh issue was 27,00,000 shares (aggregating up to ₹18.9 crore).
It listed at ₹133 against an issue price of ₹70, a gain of 90 percent on listing day.