{"id":17403,"date":"2026-07-20T19:37:24","date_gmt":"2026-07-20T14:07:24","guid":{"rendered":"https:\/\/thankyoubharat.com\/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":"2026-07-20T19:37:24","modified_gmt":"2026-07-20T14:07:24","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:\/\/thankyoubharat.com\/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 \u2018Mala Saree\u2019 Brand, Launches Rs 18.90 Crore Fresh Issue IPO on BSE SME"},"content":{"rendered":"<div>\n<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\u00a0<strong>\u201cMala Saree\u201d<\/strong>\u00a0brand, is entering the capital markets with its Initial Public Offering (IPO) on the\u00a0<strong>BSE SME<\/strong>\u00a0platform. The company is tapping the capital markets with a\u00a0<strong>100% fresh issue<\/strong>\u00a0IPO of up to\u00a0<strong>27 lakh equity shares<\/strong>\u00a0of face value of \u20b9 10 each on the BSE SME platform, aiming to raise\u00a0<strong>\u20b9 18.90 crore<\/strong>\u00a0at a price band of\u00a0<strong>\u20b966 \u2013 \u20b970 per share<\/strong>\u00a0(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\u2019s working capital requirements and for general corporate purposes. The\u00a0<strong>anchor investor date\u00a0<\/strong>has been fixed as\u00a0<strong>Tuesday, July 21, 2026<\/strong>. The issue will open for public subscription on\u00a0<strong>Wednesday, July 22, 2026<\/strong>, and close on\u00a0<strong>Friday, July 24, 2026<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Book Running Lead Manager:<\/strong>\u00a0GYR 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:\u00a0<\/strong>Up to<strong>\u00a027,00,000 equity shares\u00a0<\/strong>of face value of \u20b9 10 each\u00a0<strong>(100% fresh issue)<\/strong>\u00a0<\/li>\n<li><strong>Market Maker Portion:\u00a0<\/strong>Up to\u00a0<strong>1,36,000 equity shares<\/strong>\u00a0of face value of \u20b9 10 each<\/li>\n<li><strong>Anchor Investor Portion<\/strong>: Up to\u00a0<strong>7,64,000 equity shares<\/strong>\u00a0of face value of \u20b9 10 each<\/li>\n<li><strong>Net QIB Portion:\u00a0<\/strong>Up to\u00a0<strong>5,10,000 equity shares<\/strong>\u00a0of face value of \u20b9 10 each<\/li>\n<li><strong>Non-Institutional Investors:\u00a0<\/strong>Not less than\u00a0<strong>3,90,000 equity shares<\/strong>\u00a0of face value of \u20b9 10 each<\/li>\n<li><strong>Individual Investors Portion<\/strong>: Not less than\u00a0<strong>900,000 equity shares<\/strong>\u00a0of 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.\u00a0<\/li>\n<li>Pan-India distribution network serving brokers, wholesalers, dealers, and retailers.\u00a0<\/li>\n<li>Portfolio of women\u2019s ethnic wear, primarily comprising cotton sarees under the \u201cMala Saree\u201d brand.\u00a0<\/li>\n<li>Bulk procurement supported by warehousing and inventory management infrastructure.\u00a0<\/li>\n<li>Promoter-led management with over three decades of industry experience.\u00a0<\/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\u00a0<\/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\u00a0<\/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\u00a0<\/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\u00a0<\/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 (%)\u00a0<\/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 (%)\u00a0<\/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\u00a0<\/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\u2019s B2B textile market under its\u00a0<strong>\u201cMala Saree\u201d<\/strong>\u00a0brand. 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\u00a0<strong>90.75%<\/strong>\u00a0of FY26 revenue. As on March 31, 2026, the Company\u2019s products are distributed across 20+ states through a network of over\u00a0<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\u00a0<strong>3,774 sq. ft. Kolkata showroom<\/strong>\u00a0and\u00a0<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<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], July 20: 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\u00a0\u201cMala Saree\u201d\u00a0brand, is entering the capital markets with its Initial Public Offering (IPO) on the\u00a0BSE SME\u00a0platform. The company is tapping the capital markets with a\u00a0100% fresh issue\u00a0IPO<\/p>\n","protected":false},"author":1,"featured_media":17404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13],"class_list":["post-17403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/posts\/17403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/comments?post=17403"}],"version-history":[{"count":0,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/posts\/17403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/media\/17404"}],"wp:attachment":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/media?parent=17403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/categories?post=17403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/tags?post=17403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}