Mumbai, July 29 -- The scrip was listed at Rs 133, a 90% premium to the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 139.65 and a low of Rs 126.35. About 10.24 lakh shares of the company changed hands at the counter.

Shree Balaji (Mala) Textiles' IPO was subscribed 186.34 times. The issue opened for bidding on 22 July 2026 and it closed on 24 July 2026. The price band of the IPO was fixed between Rs 66 to Rs 70 per share.

The IPO comprised 27,00,000 equity shares. The company intends to utilize the net proceeds for funding the working capital requirements of the company and general corporate purposes.

Ahead of the IPO, Shree Balaji (Mala) ...