Shree Balaji (Mala) Textiles IPO Day 1 Live: Retail Leads As Subscription Reaches 0.47 Times 

Mumbai, July 22: Shree Balaji (Mala) Textiles IPO opened for public subscription on Wednesday, receiving a steady response from investors in the first few hours of bidding. As of 10:39 AM, the ₹18.90 crore SME public issue had been subscribed 0.47 times, with retail investors accounting for most of the demand. 

The three-day book-built IPO opened today and will remain available for subscription until July 24. Since this is only the opening day, investors are expected to monitor subscription trends over the next two sessions, particularly for institutional and high-net-worth participation. 

Retail Investors Take The Early Lead 

Retail investors have emerged as the biggest contributors during the opening hours of the issue. 

The Retail Individual Investor (RII) category was subscribed 0.71 times by the morning update, indicating encouraging participation from small investors even as the issue is still in its initial stages.

The Non-Institutional Investor (NII) portion was subscribed 0.52 times overall. Within this segment, the bNII category received 0.71 times subscription, while sNII stood at 0.15 times.

Meanwhile, the Qualified Institutional Buyers (QIB) portion remained unsubscribed, with no bids received in the non-anchor institutional category during the morning session. 

Shree Balaji (Mala) Textiles IPO Subscription Status Today 

According to exchange data available at 10:39 AM on July 22, investors had bid for 8,40,000 equity shares against 18,00,000 shares available for subscription. 

The category-wise subscription stood at: 

• QIB (Ex-Anchor): 0.00 times 
• NII: 0.52 times 
• Retail (RII): 0.71 times 
• Overall: 0.47 times 

The IPO had received 173 applications at the latest update.

Issue Details 

Shree Balaji (Mala) Textiles plans to raise ₹18.90 crore through a book-built SME public issue. 

The issue consists of: 

• Fresh Issue: 25,64,000 equity shares aggregating ₹18 crore 
• Market Maker Reservation: 1,36,000 equity shares aggregating ₹0.95 crore 

The company has fixed the price band at ₹66 to ₹70 per share. 

Retail investors must apply for a minimum of 4,000 shares, requiring an investment of ₹2,80,000 at the upper price band. The minimum application size for S-HNI investors is 6,000 shares, while B-HNI investors need to bid for at least 16,000 shares. 

Reservation For Investors 

The net issue has been allocated as follows: 

• QIB: 49.69% 
• Retail Investors: 35.10% 
• NII: 15.21% 

Additionally, 1,36,000 shares have been reserved for the market maker. 

Important IPO Dates 

• IPO Opens: July 22 2026 
• IPO Closes: July 24 2026 
• Expected Allotment: July 27 2026 
• Expected Refunds: July 28 2026 
• Expected Credit of Shares: July 28 2026 
• Tentative Listing: July 29 2026 

About Shree Balaji (Mala) Textiles 

Shree Balaji (Mala) Textiles is engaged in the textile business with a focus on manufacturing and marketing cotton sarees under the well-known ‘Mala’ brand. The company serves wholesalers, distributors and retailers across multiple Indian markets and offers a range of traditional sarees catering to different customer segments. 

Conclusion 

Shree Balaji (Mala) Textiles IPO has made a measured start on its opening day, with retail investors providing the initial momentum while institutional participation is yet to pick up. As bidding continues over the next two days, subscription levels will be closely watched to see whether demand strengthens across all investor categories before the issue closes on July 24.  

Source: 

• https://www.chittorgarh.net/reports/anchor-investor/shreebalajianchorintimation1dc15ade-36b0-4c4e-a1ee-8bd91f97e6ce.pdf