Archive · 27 Jul 2026
Shree Balaji (Mala) Textiles IPO Allotment Today
Shree Balaji (Mala) Textiles Ltd.
is a company that makes and sells cotton sarees in India.
They are having an IPO, which is like a big sale of their company's shares to the public.
The IPO was open for bidding from July 22 to July 24, and the allotment of shares will be announced on July 27.
The shares will start trading on the BSE SME platform on July 29.
The company wants to raise ₹18.90 crore from this IPO to help with their business needs.
The shares are currently selling for ₹66-70 each, and people who want to buy them need to invest at least ₹2.80 lakh.
The company has a strong presence in the Indian textile market, with a network of over 3,000 retailers across the country.
Shree Balaji (Mala) Textiles IPO allotment to be announced on 27 July.
IPO received strong response from investors during the subscription period.
Shares to be listed on BSE SME on 29 July.
Grey market premium (GMP) for the IPO is ₹13, with an estimated listing price of ₹83.
Company aims to raise ₹18.90 crore to fund working capital and general corporate purposes.
- Who
- Shree Balaji (Mala) Textiles Ltd.
- What
- IPO allotment and listing
- When
- 27 July (allotment), 29 July (listing)
- Where
- BSE SME
- Why
- To raise funds for working capital and general corporate purposes
Investor Optimism
Market Skepticism
Market Performance
Investor Optimism
Investors are optimistic about the IPO's strong grey market premium and expected listing price.
Market Skepticism
Some market analysts remain skeptical about the sustainability of the premium and the company's long-term performance.
- IPO Allotment Date
- 27 July
- Listing Date
- 29 July
- IPO Price Band
- ₹66-70 per share
- Grey Market Premium (GMP)
- ₹13
- Estimated Listing Price
- ₹83
- Total Issue Size
- ₹18.90 crore
- Minimum Investment
- ₹2.80 lakh
- Company Establishment Year
- 2005