New Delhi, July 22 -- Shree Balaji Mala Textiles IPO Day 1: The initial public offerings (IPO) of Shree Balaji Mala Textiles Ltd have hit the Indian primary market today, and it will remain open for bidding until 24 July 2026. The company's management has declared the Shree Balaji Mala Textiles IPO price band at Rs.66 to Rs.70 per share. The company aims to raise Rs.19 crore from this initial offer through the issuance of only fresh shares. The bookbuilding issue is proposed for listing on the BSE SME platform.

Meanwhile, ahead of the BSE SME IPO opening date, the company's shares are available in the grey market. According to market observers, the company's shares are trading at a premium of Rs.19 in the grey market today. They said tha...