Shree Balaji Mala Ipo
Shree Balaji (Mala) Textiles IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
GYR Capital Advisors Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | July 22, 2026 |
| IPO Close Date | July 24, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹66 to ₹70 Per Share |
| Issue Size | Approx ₹18.90 Crores |
| Fresh Issue | Approx ₹18.90 Crores |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,80,000 |
| Retail Maximum | 2 | 4,000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 6,000 | ₹4,20,000 |
| S-HNI Maximum | 7 | 14,000 | ₹9,80,000 |
| B-HNI Minimum | 8 | 16,000 | ₹11,20,000 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 7,64,000 Shares | 28.30% |
| QIB (Ex. Anchor) | 5,10,000 Shares | 18.89% |
| NII Shares Offered | 3,90,000 Shares | 14.44% |
| Retail Shares Offered | 9,00,000 Shares | 33.33% |
| Anchor Bidding Date | July 21, 2026 |
| Anchor Investors List | |
| Shares Offered | 7,64,000 Shares |
| Anchor Size | 5.35 Cr. |
| lock-in period end date 50% shares (30 Days) | Aug 26, 2026 |
| lock-in period end date 50% shares (90 Days) | Oct 25, 2026 |
| IPO Open Date: | July 22, 2026 |
| IPO Close Date: | July 24, 2026 |
| Basis of Allotment: | July 27, 2026 |
| Refunds: | July 28, 2026 |
| Credit to Demat Account: | July 28, 2026 |
| IPO Listing Date: | July 29, 2026 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 72,05,000 | 100% |
| Promoter Holding Post Issue | 99,05,000 | -% |
| Purpose | Crores |
| Funding Working Capital Requirements | ₹16.50 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹195.89 | ₹192.60 | ₹2.46 | ₹127.51 |
| 2025 | ₹193.44 | ₹186.84 | ₹4.95 | ₹138.88 |
| 2026 | ₹212.40 | ₹204.47 | ₹5.85 | ₹148.64 |
| KPI | Values |
| ROE: | 23.82% |
| ROCE: | 15.65% |
| EBITDA Margin: | 7.30% |
| PAT Margin: | 2.76% |
| Debt to equity ratio: | 2.51 |
| Earning Per Share (EPS): | ₹8.13(Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 21.28% |
| Net Asset Value (NAV): | ₹38.17 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| N R Vandana Tex Industries Limited | 4.73 | 15.03 | 14.43% | 31.11 | 304.69 Cr. |
| Saraswati Saree Depot Ltd | 5.89 | 9.32 | 12.02% | 49.16 | 635.97 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |