Shree Balaji (Mala) Textiles IPO Details

Incorporated in 2005, Shree Balaji (Mala) Textiles Limited is engaged in the manufacturing and wholesale distribution of high-quality cotton sarees in India’s B2B cotton saree segment. The company markets its products under its own brand name “Mala Saree”, offering a wide range of designs and styles catering to diverse consumer preferences across India.

The company operates on a Business-to-Business (B2B) model, distributing products through an extensive network comprising over 100 brokers, 10 dealers, 65 wholesalers, and approximately 2,300 retailers as of March 31, 2025. Its distribution network spans Central, East, North, Northeast, South, and West India, enabling broad market coverage and efficient product reach.

The company’s manufacturing facility is located in Jetpur, Gujarat, spread over approximately 9–14 gunthas, and is equipped to produce a wide variety of cotton sarees with multiple design options and fabric variations. Its emphasis on quality, design innovation, and affordability has positioned it as a key player in the organized saree segment.