
Textile · Listed on BSE · 22 Jul 2026 - 24 Jul 2026
Jagat JoshiShree Balaji (Mala) Textiles Limited was founded in 2005 and began its journey in the manufacturing and wholesale distribution of high-quality cotton sarees. The firm sells its products under the brand “Mala Saree,” offering a wide range of designs and styles to appeal to a diverse customer base. As of March 2026, the firm operates in a B2B model, distributing products to over 105 brokers, 13 dealers, 69 wholesalers, and approximately 3,000 retailers.
Its product portfolio includes Cotton Saree, Embroidery, and Fancy Saree comes in different fabrics, weaving, patterns, and ornamentation, starting from the range of around ₹270, considering the low, medium, and high range. Its manufacturing facility is located in Jetpur, Gujarat, and comprises a diverse range of cotton sarees with multiple design options and fabric variations.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 29-Jul-2026 12:59 PM | +₹56 | ₹126 | +80.00% | ₹1,12,000 |
| 28-Jul-2026 12:59 PM | +₹15 | ₹85 | +21.43% | ₹30,000 |
| 27-Jul-2026 12:59 PM | +₹13 | ₹83 | +18.57% | ₹26,000 |
| 25-Jul-2026 12:59 PM | +₹13 | ₹83 | +18.57% | ₹26,000 |
| 24-Jul-2026 12:59 PM | +₹16 | ₹86 | +22.86% | ₹32,000 |
| 23-Jul-2026 12:59 PM | +₹16 | ₹86 | +22.86% | ₹32,000 |
| 22-Jul-2026 12:59 PM | +₹15 | ₹85 | +21.43% | ₹30,000 |
| 21-Jul-2026 12:59 PM | +₹14 | ₹84 | +20.00% | ₹28,000 |
| 17-Jul-2026 12:59 PM | +₹19 | ₹89 | +27.14% | ₹38,000 |
| 20-Feb-2026 12:59 PM | +₹14 | ₹84 | +20.00% | ₹28,000 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| QIB (Ex. Anchor) | 113.55x | 5,10,000 | 5,79,10,000 | ₹405.37 Cr |
| NII | 249.47x | 3,90,000 | 9,72,94,000 | ₹681.06 Cr |
| bNII > ₹10L | 273.13x | 2,64,000 | 7,21,06,000 | ₹504.74 Cr |
| sNII < ₹10L | 199.90x | 1,26,000 | 2,51,88,000 | ₹176.32 Cr |
| Retail | 228.24x | 9,00,000 | 20,54,16,000 | ₹1,437.91 Cr |
| Total | 200.34x | 18,00,000 | 36,06,20,000 | ₹2,524.34 Cr |
| Period Ended | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| Total Income | 212.40 | 193.44 | 195.89 |
| Profit After Tax | 5.85 | 4.95 | 2.46 |
| EBITDA | 15.50 | 13.20 | 16.70 |
| NET Worth | 27.51 | 21.65 | 16.70 |
| Reserves and Surplus | 20.30 | 20.93 | 15.98 |
| Total Borrowing | 69.08 | 48.75 | 51.37 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Saraswati Saree Depot Ltd | 5.89 | 9.32 | 12.02 | 12.02 | 635.97 |
| N R Vandana Tex Industries Limited | 4.73 | 15.03 | 31.11 | 14.43 | 304.69 |
Binod Kumar Kedia ,Anita Kedia ,Mrityunjay Commosales Pvt.Ltd. is the company's promoter of Shree Balaji (Mala) Textiles.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100.00% | 72.74% |
| Others* | 0.00% | 27.26% |
Join the discussion
Please sign in to leave a comment or reply.