FinanceDalal Street Investment Journal
Mala Saree Brand Owner Shree Balaji (Mala) Textiles Launches Rs 18.90 Crore SME IPO; Check Price Band, Dates and Key Details

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Shree Balaji (Mala) Textiles Limited, owner of the Mala Saree brand, launched an Rs 18.90 crore SME IPO on the BSE SME platform via a 100% fresh issue of up to 27 lakh equity shares.
The IPO price band is set at Rs 66 to Rs 70 per share, with a minimum lot size of 4,000 shares; the issue opens on July 22, 2026 and closes on July 24, 2026.
Net proceeds from the fresh issue will be used to fund working capital requirements and general corporate purposes.
The Kolkata-based company manufactures cotton sarees under the Mala Saree brand, operating an in-house facility in Jetpur, Gujarat and a network of over 200 job workers.