The board of Shree Balaji Mala Textiles Ltd—an SME company listing on the BSE SME platform—has officially announced its IPO price band and issue schedule. Retail investors keen on participating should take note of the key investment parameters below.
| Company | Shree Balaji Mala Textiles Ltd (SME) |
|---|---|
| Exchange | BSE SME |
| Price Band | ₹66–₹70 per share |
| Lot Size | 2,000 shares |
| Minimum Retail Investment | ₹1,40,000 |
| Issue Opens | 22 July 2026 |
| Issue Closes | 24 July 2026 |
Shree Balaji Mala Textiles Ltd operates in India’s B2B cotton sarees wholesale segment, manufacturing and distributing under the brand “Mala Saree”. As of March 31, 2026, it had a distribution network spanning over 105 brokers, 13 dealers, 69 wholesalers and approximately 3,000 retailers across all regions of India, including Central, East, North, Northeast, South and West ([malasaree.com](https://malasaree.com/resource/About_Us.aspx?utm_source=openai)).
In fiscal 2026, approximately 90.75% of the company’s revenue came from cotton sarees, with total sales amounting to ₹21,197.18 lakhs ([malasaree.com](https://malasaree.com/resource/About_Us.aspx?utm_source=openai)).
This IPO presents an opportunity for retail investors to gain exposure to the textile manufacturing sector through a company with established operations and brand reach. The defined price band and SME listing make it an accessible investment for those looking to diversify into smaller-cap Indian plays.
Retail investors should ensure their applications are submitted between 22 and 24 July 2026 to secure an allotment opportunity.
Stay tuned to IPOPlus for live subscription updates, allotment status, and comprehensive coverage as the listing unfolds.