Shree Balaji (Mala) Textiles Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 46.27x | 1,274,000 | 58,954,000 | ₹9 Cr |
| NII (HNI) | 🔥 249.70x | 390,000 | 97,382,000 | ₹3 Cr |
| Retail | 🔥 224.50x | 900,000 | 202,052,000 | ₹6 Cr |
| Market Maker | — | 136,000 | — | ₹1 Cr |
| Σ Total | 🔥 139.78x | 2,564,000 | 358,388,000 | ₹18 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 212 | 193 | 196 |
| EBITDA | 16 | 13 | 10 |
| Profit After Tax | 6 | 5 | 2 |
| Net Worth | 28 | 22 | 17 |
| Total Assets | 149 | 139 | 128 |
| Reserves & Surplus | 20 | 21 | 16 |
| Total Borrowing | 69 | 49 | 51 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Working Capital Requirements – 16.50
- General Corporate Purposes –
Company Overview
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. 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 100 brokers, 10 dealers, 65 wholesalers, and approximately 2,300 retailers as of March 31, 2025. Its distribution network spans Central, East, North, Northeast, South, and West India, enabling broad market coverage and efficient product reach.
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.