Shree Balaji (Mala) Textiles IPO

Lot size and investment

Reservation

QIB

12,74,000 shares (49.69% of the Offer)

NII

3,90,000 shares (15.21% of the Offer)

Retail

9,00,000 shares (35.10% of the Offer)

Current GMP

₹56

▲+80.00%

Estimated listing price

₹126

Issue price ₹70

Highest

₹56

29 Jul

Lowest

₹11

19 Jul

GMP by day (₹ per share)

GMP is an unofficial indicator from an unregulated market. It is shown for information only and is not a prediction of the listing price or a recommendation to apply.

P/E (pre-issue)

8.62

P/E (post-issue)

11.85

EPS (₹)

5.91

Pre-issue P/E uses the shares outstanding before the IPO; post-issue P/E includes the new shares. Calculated by Be IPO Ready at the issue price on profit for the FY ended 31 Mar 2026.

Peers are other recent IPOs from the same industry, closest in issue size. Ratios are as disclosed at the time of each issue. This is not the listed-peer table from the offer document.

Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is engaged in the manufacturing and wholesale distribution of high-quality cotton sarees in India’s B2B cotton saree segment, based in West Bengal. The company markets its products under its own brand name “Mala Saree”, offering a wide range of designs and styles catering to diverse consumer preferences across India. The company operates on a Business-to-Business (B2B) model, distributing products through an extensive network comprising over 105 brokers, 13 dealers, 69 wholesalers, and approximately 3,000 retailers as of March 31, 2026. Its distribution network spans Central, East, North, Northeast, South, and West India, enabling broad market coverage and efficient product reach. Product Portfolio: Sarees: Cotton Saree, Embroidery, Fancy Saree, the company offers diverse range of products to various segments of the market that include sarees of different fabrics differentiated by weaving, patterns and ornamentation. The manufactured products range from normal to occasional wear with an average price of around ₹270 considering the low, medium and high range. The company’s manufacturing facility is located in Jetpur, Gujarat, spread over approximately 9–14 gunthas, and is equipped to produce a wide variety of cotton sarees with multiple design options and fabric variations. Its emphasis on quality, design innovation, and affordability has positioned it as a key player in the organized saree segment. As of July 15, 2026, the company have 47 employees and average 5 persons working as daily labour.

Objects of the issue

1. Funding working capital requirements of the Company₹16.5 Cr
2. General Corporate Purposes

Promoters and shareholding

Binod Kumar Kedia, Anita Kedia, Mrityunjay Commosales Pvt.Ltd.

Promoter holding, pre-issue

100%

Promoter holding, post-issue

72.74%