IPO Guru

IPO Listed — 29 Jul 2026

Listing Price: ₹133

vs Issue Price ₹70 +₹63 (+90%)

Shree Balaji (Mala) Textiles SME IPO GMP History | Listing Price ₹133 & Kostak Rate

IPO
Final GMP
₹ 56
80.0%
Final Kostak
₹ 0
Final Sub. to Sauda
₹ 0

Shree Balaji (Mala) Textiles SME IPO has been listed on July 29, 2026 at a listing price of ₹133, against the issue price of ₹70 — a gain of ₹63 (+90%). The GMP peaked at ₹56 on 29 July 2026 and reached a low of ₹11 on 19 July 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Shree Balaji (Mala) Textiles SME IPO raised ₹18.9 Cr. through its IPO at a price band of ₹66 to ₹70 per share, with a lot size of 2000 shares. The IPO was open for subscription from 22 Jul 2026 to 24 Jul 2026.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
29 Jul 2026 ₹ 56 80.0% ₹ 0 ₹ 0
28 Jul 2026 ₹ 55 78.6% ₹ 0 ₹ 0
27 Jul 2026 ₹ 15 21.4% ₹ 0 ₹ 0
26 Jul 2026 ₹ 13 18.6% ₹ 0 ₹ 0
25 Jul 2026 ₹ 13 18.6% ₹ 0 ₹ 0
24 Jul 2026 ₹ 13 18.6% ₹ 0 ₹ 0
23 Jul 2026 ₹ 16 22.9% ₹ 0 ₹ 0
22 Jul 2026 ₹ 16 22.9% ₹ 0 ₹ 0
21 Jul 2026 ₹ 15 21.4% ₹ 0 ₹ 0
20 Jul 2026 ₹ 13 18.6% ₹ 0 ₹ 0
19 Jul 2026 ₹ 11 15.7% ₹ 0 ₹ 0
18 Jul 2026 ₹ 19 27.1% ₹ 0 ₹ 0
17 Jul 2026 ₹ 19 27.1% ₹ 0 ₹ 0
16 Jul 2026 ₹ 19 27.1% ₹ 0 ₹ 0

Shree Balaji (Mala) Textiles SME IPO Dates

Event Date
Open Date 22 Jul, 2026
Close Date 24 Jul, 2026
Allotment Date 27 Jul, 2026
Refund Date TBA
Credit to Demat TBA
Listing Date 29 Jul, 2026

Shree Balaji (Mala) Textiles SME IPO Actual Listing Price

Basis Value
Issue Price ₹70
GMP-Based Estimate (Pre-Listing) ₹126 (+80%)
Actual Listing Price ₹133 (+90%)
Listing Gain / Loss +₹63 per share
Listing Date 29 Jul, 2026

Is Shree Balaji (Mala) Textiles SME IPO GMP Reliable?

Grey market premium for Shree Balaji (Mala) Textiles SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the Shree Balaji (Mala) Textiles SME IPO full review for a fundamentals-based assessment before making any grey market trades.

Shree Balaji (Mala) Textiles SME IPO IPO Kostak Rate Explained

The Kostak rate for Shree Balaji (Mala) Textiles SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Shree Balaji (Mala) Textiles SME IPO

Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is engaged in the manufacturing and wholesale distribution of high-quality cotton sarees in India’s B2B cotton saree segment, based in West Bengal. The company markets its products under its own brand name “Mala Saree”, offering a wide range of designs and styles catering to diverse consumer preferences across India. The company operates on a Business-to-Business (B2B) model, distributing products through an extensive network comprising over 105 brokers, 13 dealers, 69 wholesalers, and approximately 3,000 retailers as of March 31, 2026. Its distribution network spans Central, East, North, Northeast, South, and West India, enabling broad market coverage and efficient product reach. Product Portfolio: Sarees: Cotton Saree, Embroidery, Fancy Saree, the company offers diverse range of products to various segments of the market that include sarees of different fabrics differentiated by weaving, patterns and ornamentation. The manufactured products range from normal to occasional wear with an average price of around ₹270 considering the low, medium and high range. The company’s manufacturing facility is located in Jetpur, Gujarat, spread over approximately 9–14 gunthas, and is equipped to produce a wide variety of cotton sarees with multiple design options and fabric variations. Its emphasis on quality, design innovation, and affordability has positioned it as a key player in the organized saree segment. As of July 15, 2026, the company have 47 employees and average 5 persons working as daily labour.

Strengths & Risks

Strengths

  • Diversified supplier and customer base
  • Vast and versatile product portfolio for women
  • Ability to buy in bulk quantities
  • Experienced Promoters and management team
  • Long Standing Relationship with job workers

Risks

  • Around 95% of products are outsourced through job-work, creating heavy dependence on job workers.
  • Operates in a highly competitive and fragmented cotton-saree segment with thin margins.
  • High working-capital intensity; borrowings rose to ₹69 cr in FY26.
  • B2B model dependent on a distribution network of brokers, dealers and wholesalers.
  • Reviewer notes the issue appears aggressively priced; SME listings carry lower liquidity and higher volatility.

Frequently Asked Questions about Shree Balaji (Mala) Textiles SME IPO

What is the GMP of Shree Balaji (Mala) Textiles SME IPO?

The current Grey Market Premium (GMP) of Shree Balaji (Mala) Textiles SME IPO is ₹ 56.

What is the Kostak Price of Shree Balaji (Mala) Textiles SME IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Shree Balaji (Mala) Textiles SME IPO is currently not available.

What is the Subject to Sauda Price of Shree Balaji (Mala) Textiles SME IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.

What was the actual listing price of Shree Balaji (Mala) Textiles SME IPO?

Shree Balaji (Mala) Textiles SME IPO listed on July 29, 2026 at ₹133, against the issue price of ₹70 — a gain of +90%.

How did the GMP of Shree Balaji (Mala) Textiles SME IPO trend before listing?

The GMP of Shree Balaji (Mala) Textiles SME IPO was rising in its final days before listing. The GMP peaked at ₹56 on 29 July 2026. View the day-wise table above for the complete GMP history.

Explore Shree Balaji (Mala) Textiles SME IPO Further

For a complete picture before making your investment decision, explore these resources:

Discussion 0

💡
Commenting as
Markdown supported: **bold**, _italics_

No comments yet

Be the first to share your thoughts!

Advertisement