Shree Balaji (Mala) Textiles IPO

Shree Balaji (Mala) Textiles is a listed issue, offered in a price band of ₹66 to ₹70 per share, in lots of 4000 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹66 – ₹70

Lot size

4000 shares

Minimum investment

₹2,80,000

Issue size

₹18.9 Cr

Fresh issue

₹18.9 Cr

Offer for sale

—

Opens

22 Jul 2026

Closes

24 Jul 2026

Listing date

29 Jul 2026

Registrar

Kfin Technologies Limited

Symbol

MALA

One lot of 4000 shares at the upper band price of ₹70 is ₹2,80,000 — the smallest retail application this issue accepts.

Lead managers: GYR Capital Advisors Private Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 24 Jul 2026, 06:00 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹14

Implied over upper band

20.00%

As of

21 Jul 2026, 11:00 am IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company has long-standing relationships with weavers/suppliers in key hubs, providing benefits in pricing, exclusivity, and payment terms.
• The company has a diversified product portfolio with multiple design options to cater to all genres.
• The company has a standardized procurement system and procures most products on a purchase-order basis, ensuring procurement flexibility.
• The company has a strong supplier network that ensures a steady flow of inventory and prevents stock-outs.
• The company's marketing strategy is a balanced mix of traditional distribution, direct selling, and modern digital engagement.
• The company has a dedicated design team responsible for apparel product development and innovation.
• The company has a strong market presence due to its network of brokers, dealers, wholesalers, and retailers.

Risk factors disclosed in the offer document

• The business is highly concentrated on the sale of women's sarees, making it vulnerable to demand and consumer preference changes.
• The company's prospects depend on the strength of its key brand, and failure to maintain or grow sales could adversely affect the business.
• Reliance on outsourcing a significant proportion of production processes to third-parties without exclusivity arrangements poses risks.
• The warehouse, factory, and majority of jobbers are based in specific geographical regions, exposing operations to regional risks.
• Any failure in quality control processes may damage the company's reputation and adversely affect its business.
• The company experienced negative cash flows from operating activities in Fiscal 2026 and may continue to experience negative cash flows in the future.
• The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (Kfin Technologies Limited) after the issue closes. Track the whole calendar in the IPO Centre.

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