Shree Balaji (Mala) Textiles IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 195.89 | 193.44 | 212.40 |
| Expense | 192.60 | 186.84 | 204.47 |
| Profit (PAT) | 2.46 | 4.95 | 5.85 |
| Total Assets | 127.51 | 138.88 | 148.64 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| N R Vandana Tex Industries Limited | 4.73 | 15.03 | 14.43 | 31.11 | 304.69 Cr |
| Saraswati Saree Depot Ltd | 5.89 | 9.32 | 12.02 | 49.16 | 635.97 Cr |
Promoters: Binod Kumar Kedia, Anita Kedia, Shresth Kedia, and Mrityunjay Commosales Private Limited
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 72,05,000 | 100.00% |
Strengths & Risks
- Heavily oversubscribed — 200.2x overall (so far).
- Strong institutional (QIB) demand — 113.6x.
- Strong return on equity — 24%.
- Thin profit margin — 2.8%.
- Elevated leverage — debt/equity of 2.51.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
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.
| Purpose | Amount (Cr) |
|---|---|
| Funding Working Capital Requirements | 16.50 |
| General Corporate Purpose | - |
Resources & Documents
Shree Balaji (Mala) Textiles Ltd., 65, Sir Hariram Goenka Street,, Ground Floor, Block-A, Bangur Arcade,, Kolkata, West Bengal, 700007
Shree Balaji (Mala) Textiles has set a price band of Rs 66–Rs 70 per share for an issue size of Rs 19 crore. The stock listed with a 90.00% gain versus its issue price on July 29, 2026.
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.
The issue is promoted by Binod Kumar Kedia, Anita Kedia, Shresth Kedia, and Mrityunjay Commosales Private Limited with GYR Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding Working Capital Requirements (Rs 17 crore) and General Corporate Purpose.
Grey market is quoting a premium of +Rs 47 (+67.1% over issue price), up Rs 31 from the previous session. Final subscription data records overall subscription at 200.16x, retail at 227.73x, QIB at 113.55x, NII at 249.81x.
On fundamentals, the company is posting revenue growth of 9.8%, a profit margin of 2.8%, return on equity of 23.8% in its most recent reported period. Listed peers in this segment include N R Vandana Tex Industries Limited (P/E 15.03x) and Saraswati Saree Depot Ltd (P/E 9.32x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Shree Balaji (Mala) Textiles IPO GMP — What It Means
The latest grey market premium for Shree Balaji (Mala) Textiles IPO is ₹47 (+67.1%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Shree Balaji (Mala) Textiles it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Shree Balaji (Mala) Textiles GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!