{"id":69616,"date":"2026-07-20T19:37:22","date_gmt":"2026-07-20T14:07:22","guid":{"rendered":"https:\/\/nationalinsight.in\/index.php\/2026\/07\/20\/shree-balaji-mala-textiles-limited-the-company-behind-the-mala-saree-brand-launches-rs-18-90-crore-fresh-issue-ipo-on-bse-sme\/"},"modified":"2026-07-20T19:37:22","modified_gmt":"2026-07-20T14:07:22","slug":"shree-balaji-mala-textiles-limited-the-company-behind-the-mala-saree-brand-launches-rs-18-90-crore-fresh-issue-ipo-on-bse-sme","status":"publish","type":"post","link":"https:\/\/nationalinsight.in\/index.php\/2026\/07\/20\/shree-balaji-mala-textiles-limited-the-company-behind-the-mala-saree-brand-launches-rs-18-90-crore-fresh-issue-ipo-on-bse-sme\/","title":{"rendered":"Shree Balaji (Mala) Textiles Limited, the Company Behind the &#8216;Mala Saree&#8217; Brand, Launches Rs 18.90 Crore Fresh Issue IPO on BSE SME"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>New Delhi [India], July 20:<\/strong> Shree Balaji (Mala) Textiles Limited is a contract manufacturer and wholesaler of cotton sarees in India\u2019s B2B cotton sarees wholesale segment. Under its flagship&nbsp;<strong>&#8220;Mala Saree&#8221;<\/strong>&nbsp;brand, is entering the capital markets with its Initial Public Offering (IPO) on the&nbsp;<strong>BSE SME<\/strong>&nbsp;platform. The company is tapping the capital markets with a&nbsp;<strong>100% fresh issue<\/strong>&nbsp;IPO of up to&nbsp;<strong>27 lakh equity shares<\/strong>&nbsp;of face value of \u20b9 10 each on the BSE SME platform, aiming to raise&nbsp;<strong>\u20b9 18.90 crore<\/strong>&nbsp;at a price band of&nbsp;<strong>\u20b966 \u2013 \u20b970 per share<\/strong>&nbsp;(lot size: minimum 4000 shares and in multiples of 2000 equity shares thereafter).<\/p>\n<p class=\"wp-block-paragraph\">The proceeds from the Fresh Issue are proposed to be utilised towards meeting the Company&#8217;s working capital requirements and for general corporate purposes. The&nbsp;<strong>anchor investor date&nbsp;<\/strong>has been fixed as&nbsp;<strong>Tuesday, July 21, 2026<\/strong>. The issue will open for public subscription on&nbsp;<strong>Wednesday, July 22, 2026<\/strong>, and close on&nbsp;<strong>Friday, July 24, 2026<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Book Running Lead Manager:<\/strong>&nbsp;GYR Capital Advisors Private Limited<\/p>\n<p class=\"wp-block-paragraph\"><strong>Issue Structure<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Total Issue Size:&nbsp;<\/strong>Up to<strong>&nbsp;27,00,000 equity shares&nbsp;<\/strong>of face value of \u20b9 10 each&nbsp;<strong>(100% fresh issue)<\/strong>&nbsp;<\/li>\n<li><strong>Market Maker Portion:&nbsp;<\/strong>Up to&nbsp;<strong>1,36,000 equity shares<\/strong>&nbsp;of face value of \u20b9 10 each<\/li>\n<li><strong>Anchor Investor Portion<\/strong>: Up to&nbsp;<strong>7,64,000 equity shares<\/strong>&nbsp;of face value of \u20b9 10 each<\/li>\n<li><strong>Net QIB Portion:&nbsp;<\/strong>Up to&nbsp;<strong>5,10,000 equity shares<\/strong>&nbsp;of face value of \u20b9 10 each<\/li>\n<li><strong>Non-Institutional Investors:&nbsp;<\/strong>Not less than&nbsp;<strong>3,90,000 equity shares<\/strong>&nbsp;of face value of \u20b9 10 each<\/li>\n<li><strong>Individual Investors Portion<\/strong>: Not less than&nbsp;<strong>900,000 equity shares<\/strong>&nbsp;of face value of \u20b9 10 each<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Competitive Strengths<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Diversified supplier and customer base with long-standing business relationships.&nbsp;<\/li>\n<li>Pan-India distribution network serving brokers, wholesalers, dealers, and retailers.&nbsp;<\/li>\n<li>Portfolio of women&#8217;s ethnic wear, primarily comprising cotton sarees under the &#8220;Mala Saree&#8221; brand.&nbsp;<\/li>\n<li>Bulk procurement supported by warehousing and inventory management infrastructure.&nbsp;<\/li>\n<li>Promoter-led management with over three decades of industry experience.&nbsp;<\/li>\n<li>Manufacturing is supported through a network of more than 200 job workers across key textile hubs.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Financial Highlights<\/strong><\/p>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Particulars&nbsp;<\/strong><\/td>\n<td><strong>FY2026<\/strong><\/td>\n<td><strong>FY2025<\/strong><\/td>\n<td><strong>FY2024<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Revenue from Operations&nbsp;<\/td>\n<td>21,197.18<\/td>\n<td>19,304.37<\/td>\n<td>19,554.07<\/td>\n<\/tr>\n<tr>\n<td>Total Income&nbsp;<\/td>\n<td>21,239.90<\/td>\n<td>19,343.56<\/td>\n<td>19,589.37<\/td>\n<\/tr>\n<tr>\n<td>EBITDA&nbsp;<\/td>\n<td>1,550.10<\/td>\n<td>1,320.29<\/td>\n<td>1,022.69<\/td>\n<\/tr>\n<tr>\n<td>EBITDA Margin (%)<\/td>\n<td>7.30%<\/td>\n<td>6.83%<\/td>\n<td>5.22%<\/td>\n<\/tr>\n<tr>\n<td>PAT<\/td>\n<td>585.42<\/td>\n<td>494.61<\/td>\n<td>245.64<\/td>\n<\/tr>\n<tr>\n<td>PAT Margin (%)&nbsp;<\/td>\n<td>2.76%<\/td>\n<td>2.56%<\/td>\n<td>1.26%<\/td>\n<\/tr>\n<tr>\n<td>RoE (%)<\/td>\n<td>23.82%<\/td>\n<td>25.79%<\/td>\n<td>15.87%<\/td>\n<\/tr>\n<tr>\n<td>RoCE (%)&nbsp;<\/td>\n<td>15.65%<\/td>\n<td>18.17%<\/td>\n<td>14.41%<\/td>\n<\/tr>\n<tr>\n<td>Debt- Equity Ratio&nbsp;<\/td>\n<td>2.51<\/td>\n<td>2.25<\/td>\n<td>3.08<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<h3 class=\"wp-block-heading\"><strong>About<\/strong> <strong>Shree Balaji (Mala) Textiles <\/strong><\/h3>\n<p class=\"wp-block-paragraph\"><strong>Shree Balaji (Mala) Textiles Limited<\/strong>, incorporated in 2005 and promoted by the Kedia family, is a Kolkata-based contract manufacturer and wholesaler of cotton sarees in India&#8217;s B2B textile market under its&nbsp;<strong>&#8220;Mala Saree&#8221;<\/strong>&nbsp;brand. The Company operates an integrated manufacturing model comprising an in-house facility in Jetpur, Gujarat, and a network of over 200 job-work partners. Its portfolio includes over 600+ varieties of saree designs, with cotton sarees contributing&nbsp;<strong>90.75%<\/strong>&nbsp;of FY26 revenue. As on March 31, 2026, the Company&#8217;s products are distributed across 20+ states through a network of over&nbsp;<strong>100 brokers, 13 dealers, 69 wholesalers, and approximately 3,000 retailers<\/strong>, supported by B2B e-commerce via the SOLV platform. Operations are anchored by a&nbsp;<strong>3,774 sq. ft. Kolkata showroom<\/strong>&nbsp;and&nbsp;<strong>four warehouses<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], July 20: Shree Balaji (Mala) Textiles Limited [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":69615,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-69616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/posts\/69616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/comments?post=69616"}],"version-history":[{"count":0,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/posts\/69616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/media\/69615"}],"wp:attachment":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/media?parent=69616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/categories?post=69616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/tags?post=69616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}