Shree Balaji (Mala) Textiles Ltd. has announced public offering of 2700000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 60.00 per share. The gross proceeds of the issue are expected to be Rs 1,890.00 lakhs.
The company's initial public offer (IPO) will open on 22 July 2026 and is expected to close on 24 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 66.00-70.00 per share.
The IPO includes a fresh Issue of 2700000 Equity Shares of the Company at an price of Rs 70.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Shree Balaji (Mala) Textiles Ltd. anticipates using the proceeds of the issue for .
GYR Capital Advisors Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.