Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is engaged in the manufacturing and wholesale distribution of cotton sarees in India. The company operates on a B2B model and sells its products under the "Mala Saree" brand, offering a wide range of cotton, embroidery, and fancy sarees across different price segments.
The company has built a strong distribution network comprising over 105 brokers, 13 dealers, 69 wholesalers, and around 3,000 retailers as of March 31, 2026, enabling it to serve customers across Central, East, North, Northeast, South, and West India.
Its manufacturing facility, located in Jetpur, Gujarat, is equipped to produce a variety of cotton sarees with different designs and fabric options. The company focuses on delivering affordable and quality products, with an average selling price of around ?270 per saree.
As of July 15, 2026, Shree Balaji (Mala) Textiles had 47 permanent employees along with around five daily wage workers.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49.69% | 13,41,630 crores |
| Non-Institutional Investors (NIIs) | 15.21% | 4,10,670 crores |
| Retail Individual Investors (RIIs) | 35.1% | 9,47,700 crores |
Strong distribution network with brokers dealers wholesalers and retailers across India.
Wide range of cotton sarees catering to different customer preferences and price segments.
Established relationships with suppliers and job workers supporting smooth operations.
Ability to procure raw materials in bulk helping improve operational efficiency.
Experienced promoters and management team with industry expertise.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 27 Jul '26 | 29 Jul '26 | 28 Jul '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 27,00,000 shares (aggregating up to To be announced) |
| Fresh Issue | 2,56,400 shares (aggregating up to ₹25,64,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | 2,000 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Shree Balaji Mala Textiles ipo has been designed to ensure broad participation while maintaining optimal price discovery.
65, Sir Hariram Goenka Street Ground Floor, Block-A, Bangur Arcade Kolkata
Kfin Technologies Ltd.
| Book Running Lead Manager(s) |
|---|
| GYR Capital Advisors Pvt.Ltd. |