Shree Balaji (Mala) Textiles Limited, the Company Behind the 'Mala Saree' Brand, Launches Rs 18.90 Crore Fresh Issue IPO on BSE SME
Jul 21, 2026
New Delhi [India], July 21: Shree Balaji (Mala) Textiles Limited is a contract manufacturer and wholesaler of cotton sarees in India's B2B cotton sarees wholesale segment. Under its flagship "Mala Saree" brand, is entering the capital markets with its Initial Public Offering (IPO) on the BSE SME platform. The company is tapping the capital markets with a 100% fresh issue IPO of up to 27 lakh equity shares of face value of ₹ 10 each on the BSE SME platform, aiming to raise ₹ 18.90 crore at a price band of ₹66 - ₹70 per share (lot size: minimum 4000 shares and in multiples of 2000 equity shares thereafter).
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