MediumPositive
Announced Mon, 27 Jul · 15:05 IST

Shree Balaji (Mala) Textiles IPO allotment to be out today. Here's GMP, how to check status

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AI summary

Shree Balaji (Mala) Textiles SME IPO allotment is set for 27 July, with listing on BSE SME scheduled for 29 July. The fresh issue of 27 lakh equity shares at a price band of ₹66-70 aims to raise ₹18.90 crore, primarily for working capital needs. The IPO is trading at a grey market premium of ₹13, implying an estimated listing price of around ₹83, about 18.57 percent above the upper price band.