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The Economic Times

Business

Ritesh Presswala

Shree Balaji (Mala) Textiles SME IPO opens today; GMP signals 21% premium. Check key details

GMP IPO Grey Market Premium

Shree Balaji (Mala) Textiles' BSE SME initial public offering (IPO) opens for subscription today, July 22, 2026, and will remain open until July 24, 2026. Ahead of the issue, the IPO has garnered attention in the grey market, where it is currently trading at a premium of around 21.43% over its upper price band of Rs 70.

The IPO is entirely a fresh issue of 27 lakh equity shares, aiming to raise Rs 18.90 crore. The company has fixed the price band at Rs 66-70 per share.

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