Shree Balaji (Mala) Textiles IPO Day 3 Live: Issue Subscribed 20.51x; Closes Today Evening, Retail Demand Stays Strong

Mumbai, July 24: Following the close of the subscription period’s first two days, Shree Balaji (Mala) Textiles IPO entered its final bidding day on July 24 2026 with strong investor participation. The issue was subscribed 20.51 times as of around 10:04 AM on Day 3, with the subscription window scheduled to close later today.

Individual investors continued to lead demand, with their portion subscribed 32.00 times. The non-institutional investor category was subscribed 19.49 times, while the QIB portion excluding anchor investors stood at 1.00 time.

The ₹18.90 crore BSE SME IPO opened for subscription on July 22 2026 and closes on July 24 2026. Since these are morning figures, the subscription numbers can change substantially before bidding closes.

Shree Balaji (Mala) Textiles IPO Subscription Status Summary

According to the latest available morning subscription data, investors had bid for 3,69,12,000 shares against 18,00,000 shares available for subscription, taking the overall subscription to 20.51 times.

Individual investors remained the strongest category, with bids for 2,88,00,000 shares against 9,00,000 shares offered. NII investors bid for 76,02,000 shares against 3,90,000 shares available.

The current figures are not the final Day 3 subscription numbers. Investors should track the closing data after the subscription window ends on July 24 2026.

Shree Balaji (Mala) Textiles IPO Issue Details

Shree Balaji (Mala) Textiles IPO is a book-built SME issue with a total size of ₹18.90 crore. The issue comprises a fresh issue of 27,00,000 shares, including the market maker reservation.

The IPO price band is ₹66 to ₹70 per share, with the issue price shown at ₹70 per share. The lot size is 2,000 shares, while individual investors are required to apply for at least 4,000 shares, involving ₹2,80,000 at ₹70 per share.

Shree Balaji (Mala) Textiles IPO Allotment And Listing Timeline

After bidding closes, the allotment process is expected to be completed on July 27 2026. Investors who receive shares are expected to see them credited to their demat accounts on July 28 2026.

Refunds or UPI mandate unblocking for unsuccessful applicants are also scheduled for July 28 2026. The shares are scheduled to list on the BSE SME platform on July 29 2026.

What Happens After Shree Balaji (Mala) Textiles IPO Closes?

Once the issue closes later today, final subscription figures across investor categories will become available. The company and registrar will then proceed with the basis of allotment.

Applicants can subsequently check whether shares have been allotted using their PAN, application details or other credentials supported by the registrar. Successful applicants will receive shares in their demat accounts, while funds blocked for unsuccessful bids will be released according to the IPO timetable.

About Shree Balaji (Mala) Textiles

Shree Balaji (Mala) Textiles is raising funds through a fresh capital issue and its shares are proposed to list on BSE SME. Kfin Technologies Limited is the registrar to the issue, while GYR Capital Advisors Private Limited is the book-running lead manager.

The IPO has reserved 1,36,000 shares for the market maker. Of the net offer, 12,74,000 shares are allocated to the QIB category, 3,90,000 shares to NII investors and 9,00,000 shares to individual investors.

Conclusion

Shree Balaji (Mala) Textiles IPO entered its final subscription day with overall demand at 20.51 times in morning trade, driven primarily by individual investors at 32.00 times and NIIs at 19.49 times.

With bidding closing later on July 24 2026, these figures remain provisional and may change through the session. Attention will next shift to the final subscription numbers, followed by allotment expected on July 27 2026 and the BSE SME listing scheduled for July 29 2026.

Source:

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