Lalithaa Jewellery Mart IPO was a Mainboard Book Built public issue by Lalithaa Jewellery Mart Limited. The public issue comprised a fresh issue of up to 5,97,01,492 equity shares aggregating up to ₹1,200 crore and an Offer for Sale of up to 2,48,75,622 equity shares aggregating up to ₹500 crore. The total Lalithaa Jewellery Mart IPO issue size was approximately ₹1,700 crore.
The Lalithaa Jewellery Mart IPO Price was fixed in the range of ₹190 to ₹201 per equity share with a face value of ₹5 per share. The IPO opened for subscription on August 17, 2026 and closed on August 19, 2026. The basis of allotment was finalised on August 20, refunds were initiated on August 21, and shares were credited to successful applicants on August 21. The shares were listed on BSE and NSE on August 24, 2026.
Lalithaa Jewellery Mart Limited is a jewellery retailer operating under the Lalitha brand, with a strong presence in South India. The company offers gold jewellery, silver jewellery, diamond jewellery and other jewellery products through its retail network. Its business is primarily focused on mass and value-conscious customers, with a strong presence in Tier II and Tier III cities.
The company was incorporated in November 1985 and has developed a regional retail network across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry. As of Fiscal 2026, the company operated 61 stores across 51 cities. A significant portion of its stores are located in Tier II and Tier III markets, which form an important part of its customer and revenue base.
Lalithaa Jewellery Mart follows an asset-light retail business model supported by backward integration and its own manufacturing capabilities. The company operates manufacturing facilities in Tamil Nadu and uses exclusive and non-exclusive arrangements with skilled karigars for jewellery production.
Its product portfolio includes gold jewellery, silver jewellery, diamond jewellery and other precious and semi-precious jewellery products. The company also operates jewellery purchase schemes designed to encourage customer savings and repeat purchases.
The Indian jewellery retail industry continues to benefit from rising disposable income, increasing organised retail penetration, consumer preference for branded jewellery, urbanisation and demand associated with weddings and festivals. At the same time, the industry is exposed to fluctuations in gold prices, working-capital requirements, competition, regulatory changes and changing consumer preferences.
Investors should carefully evaluate the company’s financial performance, store expansion plans, inventory management, gold price exposure, valuation, competitive position and risk factors before making an investment decision.
IPO Details
| Information | Details |
|---|---|
| IPO Name | Lalithaa Jewellery Mart IPO |
| Company Name | Lalithaa Jewellery Mart Limited |
| IPO Type | Book Built Issue |
| IPO Category | Mainboard IPO |
| Face Value | ₹5 Per Equity Share |
| Price Band | ₹190 to ₹201 Per Share |
| Issue Size | ₹1,700 Crore |
| Fresh Issue | ₹1,200 Crore |
| Offer for Sale | ₹500 Crore |
| IPO Open Date | 17 August 2026 |
| IPO Close Date | 19 August 2026 |
| Anchor Investor Bidding | 14 August 2026 |
| Basis of Allotment | 20 August 2026 |
| Refund Initiation | 21 August 2026 |
| Shares Credited to Demat Account | 21 August 2026 |
| Listing Date | 24 August 2026 |
| Listing Exchange | BSE & NSE |
| Lot Size | 74 Equity Shares |
| Retail Minimum Investment | ₹14,874 |
| Retail Maximum Investment | ₹1,93,362 |
| S-HNI Minimum Investment | ₹2,08,236 |
| B-HNI Minimum Investment | ₹10,11,432 |
| Registrar | MUFG Intime India Private Limited |
| Book Running Lead Managers | Anand Rathi Advisors Limited and Equirus Capital Limited |
The company intends to utilise the fresh issue proceeds primarily for setting up 10 new stores in India. The expenditure includes store fit-outs covering furniture and fixtures, equipment, IT hardware and software, as well as inventory costs required for establishing the new stores. The remaining proceeds are intended for general corporate purposes.
The Offer for Sale proceeds were received by the selling shareholder and did not accrue to the company.
Lalithaa Jewellery Mart IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 14 August 2026 |
| IPO Opening Date | 17 August 2026 |
| IPO Closing Date | 19 August 2026 |
| Basis of Allotment | 20 August 2026 |
| Refund Initiation | 21 August 2026 |
| Shares Credited to Demat Account | 21 August 2026 |
| Listing Date | 24 August 2026 |
The Lalithaa Jewellery Mart IPO allotment was finalised on August 20, 2026. Refunds and demat credit were processed on August 21, followed by listing on August 24, 2026.
Lalithaa Jewellery Mart IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not More Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
| Employee Reservation | 2,98,507 Equity Shares |
The final allocation within each category depended on valid applications received during the IPO bidding period.
Lalithaa Jewellery Mart IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 74 Shares | ₹14,874 |
| Retail Maximum | 13 Lots | 962 Shares | ₹1,93,362 |
| S-HNI Minimum | 14 Lots | 1,036 Shares | ₹2,08,236 |
| S-HNI Maximum | 67 Lots | 4,958 Shares | ₹9,96,558 |
| B-HNI Minimum | 68 Lots | 5,032 Shares | ₹10,11,432 |
The application amounts shown above are calculated using the upper price band of ₹201 per equity share. The minimum retail application required 74 shares, resulting in an investment of ₹14,874.
About Lalithaa Jewellery Mart Limited
Lalithaa Jewellery Mart Limited is an organised jewellery retailer operating under the Lalitha brand. The company was incorporated in November 1985 and has developed a significant retail presence in South India.
The company primarily caters to mass and value-conscious consumers and offers jewellery across different price points and product categories. Its portfolio includes gold jewellery, silver jewellery, diamond jewellery and other precious and semi-precious jewellery.
The company has established a strong presence in Tier II and Tier III cities in South India. As of Fiscal 2026, it operated 61 stores across 51 cities in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry.
The company’s retail network includes Large Format Stores and Medium Format Stores. Its strategy of focusing on smaller cities and towns allows it to target customers outside major metropolitan markets.
Lalithaa Jewellery Mart also benefits from backward integration through its manufacturing capabilities. As of Fiscal 2026, the company had arrangements with skilled karigars for manufacturing gold, silver and diamond jewellery.
The company has developed various jewellery purchase schemes to encourage customers to make advance payments towards future purchases. Such schemes can support customer retention and provide recurring engagement with its retail network.
The company also focuses on transparent pricing, product variety, customer service and quality. Its regional brand recognition and established store network form important components of its competitive position.
Business Operations
Lalithaa Jewellery Mart Limited operates an integrated jewellery retail business focused primarily on South Indian markets.
- Gold Jewellery – Gold jewellery forms the core of the company’s product portfolio and includes chains, rings, bangles, necklaces, earrings, pendants and other designs.
- Silver Jewellery – The company offers silver jewellery and silver articles catering to customers across different price segments.
- Diamond Jewellery – The company offers diamond-studded jewellery across selected product categories.
- Precious and Semi-Precious Jewellery – Its product range includes jewellery using precious and semi-precious stones and materials.
- Large Format Stores – The company operates large stores designed to provide customers with a wide range of jewellery products.
- Medium Format Stores – Medium-format stores help the company establish a presence in additional cities and towns.
- Jewellery Purchase Schemes – The company offers schemes that encourage customers to save or make instalment payments towards future jewellery purchases.
- Manufacturing Operations – The company has manufacturing capabilities supported by skilled karigars and backward integration.
- Tier II and Tier III Markets – A significant part of the company’s retail network is located in smaller cities and towns across South India.
- Customer-Focused Retailing – The company focuses on value-conscious customers through product variety, competitive pricing and customer service.
Industry Overview
India has one of the world’s largest jewellery markets, with gold jewellery representing a major component of domestic jewellery consumption. Jewellery demand is influenced by weddings, festivals, cultural traditions, household savings, gifting and investment preferences.
The organised jewellery retail segment has been gaining importance as consumers increasingly prefer branded retailers, transparent pricing, product certification, quality assurance and organised customer service.
Growth in disposable income, increasing urbanisation and expansion of organised retail into Tier II and Tier III cities are creating opportunities for established jewellery retailers.
South India is an important jewellery consumption market, supported by strong cultural demand for gold jewellery and a large base of retail customers.
However, jewellery retailers also face significant challenges. Gold price volatility can influence consumer purchasing decisions, inventory values and working-capital requirements. The sector is also highly competitive, with organised national chains competing alongside regional and local jewellery retailers.
Regulatory requirements relating to hallmarking, taxation, imports, precious metals and consumer protection can also influence operating costs and compliance requirements.
Business Strategy
Lalithaa Jewellery Mart Limited focuses on expanding its store network, strengthening its regional presence and serving mass and value-conscious customers.
The company intends to use the IPO proceeds to establish 10 new stores in India. The planned expenditure includes store fit-outs and inventory requirements, allowing the company to expand its retail footprint.
The company also intends to strengthen its presence in underpenetrated markets across South India. Its existing concentration in Tier II and Tier III cities provides a platform for further expansion in similar markets.
Another important part of the company’s strategy is maintaining a broad jewellery portfolio across different product categories and price points. This allows the company to target customers with different purchasing requirements.
The company also aims to strengthen studded gold jewellery and expand silverware and other lower-value product categories. Product diversification can help the company cater to different customer segments and reduce dependence on a single jewellery category.
Its asset-light retail approach, backward integration, established brand presence and customer purchase schemes form part of its strategy to maintain customer relationships and support future growth.
Lalithaa Jewellery Mart IPO Financial Information
A company’s financial performance provides important information about its revenue growth, profitability, capital efficiency and financial position. Lalithaa Jewellery Mart reported significant improvement in revenue and profitability during FY2026.
Lalithaa Jewellery Mart Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹16,788.05 Crore | ₹16,897.32 Crore | ₹25,023.93 Crore |
| Total Income | ₹16,800.62 Crore | ₹16,905.58 Crore | ₹25,039.80 Crore |
| EBITDA | ₹680.17 Crore | ₹740.36 Crore | ₹1,673.50 Crore |
| Profit Before Tax | ₹484.55 Crore | ₹490.38 Crore | ₹1,359.91 Crore |
| Profit After Tax (PAT) | ₹359.83 Crore | ₹364.73 Crore | ₹1,009.82 Crore |
| Net Worth | ₹1,667.78 Crore | ₹2,028.80 Crore | ₹3,033.14 Crore |
| Total Assets | ₹5,182.26 Crore | ₹6,929.68 Crore | ₹10,945.14 Crore |
| Total Borrowings | ₹824.18 Crore | ₹949.26 Crore | ₹1,604.14 Crore |
The company reported revenue from operations of ₹25,023.93 crore in FY2026 compared with ₹16,897.32 crore in FY2025. Profit after tax increased significantly from ₹364.73 crore in FY2025 to ₹1,009.82 crore in FY2026.
EBITDA increased from ₹740.36 crore in FY2025 to ₹1,673.50 crore in FY2026. Net worth also increased from ₹2,028.80 crore in FY2025 to ₹3,033.14 crore in FY2026.
The sharp improvement in FY2026 financial performance was accompanied by growth in the company’s retail operations. Investors should nevertheless assess whether the improved margins and profitability can be sustained as the company expands its store network and operates in a highly competitive jewellery market.
Lalithaa Jewellery Mart IPO Key Performance Indicators (KPIs)
Key Performance Indicators help investors assess the company’s profitability, capital efficiency, leverage and asset utilisation.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 41.60% |
| Return on Capital Employed (ROCE) | 42.60% |
| Return on Net Worth (RoNW) | 39.90% |
| EBITDA Margin | 6.69% |
| PAT Margin | 4.04% |
| Debt-to-Equity Ratio | 0.53 |
| Earnings Per Share (EPS) | ₹20.20 |
| Net Asset Value (NAV) Per Share | ₹58.60 |
| Price to Book Value | 3.43x |
| P/E at Upper Price Band | Approximately 9.95x |
The company reported ROE of 41.60% and ROCE of 42.60% in FY2026. Its EBITDA margin improved to 6.69%, while PAT margin stood at 4.04%.
The debt-to-equity ratio was 0.53 in FY2026. Based on the upper price band of ₹201 and FY2026 EPS of approximately ₹20.20, the P/E multiple was approximately 9.95 times.
Investors should consider these ratios alongside the company’s inventory requirements, store expansion plans, gold price exposure and working-capital cycle.
Objects of the Lalithaa Jewellery Mart IPO
The company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Funding expenditure towards setting up 10 new stores in India.
- Capital expenditure for furniture and fixtures at the new stores.
- Purchase and installation of equipment for the new stores.
- Investment in IT hardware and software for the new stores.
- Funding inventory costs required for setting up the new stores.
- General corporate purposes.
The company has estimated approximately ₹34.55 crore for capital expenditure relating to store fit-outs and approximately ₹998.68 crore for inventory costs associated with setting up the 10 new stores.
The remaining portion of the fresh issue proceeds is intended for general corporate purposes.
The proceeds from the Offer for Sale were received by the selling shareholder and did not accrue to Lalithaa Jewellery Mart Limited.
Lalithaa Jewellery Mart IPO Listing Performance
Lalithaa Jewellery Mart shares were listed on BSE and NSE on August 24, 2026. The final issue price was ₹201 per share.
| Particular | Value |
|---|---|
| Listing Exchange | BSE & NSE |
| Listing Date | 24 August 2026 |
| Issue Price | ₹201 Per Share |
| BSE Listing Price | ₹265.30 Per Share |
| NSE Listing Price | ₹265 Per Share |
| BSE Listing Gain | ₹64.30 Per Share |
| BSE Listing Gain (%) | 31.99% |
| NSE Listing Gain | ₹64 Per Share |
| NSE Listing Gain (%) | 31.84% |
The shares made a strong debut, listing at ₹265 on the NSE and ₹265.30 on the BSE against the issue price of ₹201.
The NSE listing represented a premium of 31.84%, while the BSE listing represented a premium of approximately 31.99%.
An investor allotted one minimum lot of 74 shares at the issue price would have a notional listing gain of approximately ₹4,736 based on the NSE listing price of ₹265, before considering applicable charges and taxes.
The listing performance reflects strong market demand, although investors should focus on the company’s long-term financial performance rather than short-term listing gains.
Lalithaa Jewellery Mart IPO Subscription Status
The Lalithaa Jewellery Mart IPO received strong demand from investors during the three-day bidding period. The issue received bids for approximately 395.22 crore shares against approximately 6.28 crore shares available for subscription, resulting in an overall subscription of 62.97 times.
Lalithaa Jewellery Mart IPO Subscription
| Investor Category | Final Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 145.38x |
| Non-Institutional Investors (NII) | 73.90x |
| Retail Individual Investors (RII) | 11.81x |
| Employee Category | 8.55x |
| Total Subscription | 62.97x |
The QIB category was subscribed 145.38 times, while the NII category received 73.90 times subscription. The retail category was subscribed 11.81 times and the employee portion was subscribed 8.55 times.
The strong subscription across categories indicated significant investor interest in the issue. The high demand also made allotment highly competitive, particularly for retail applicants.
Lalithaa Jewellery Mart IPO GMP
Lalithaa Jewellery Mart IPO GMP was an unofficial indicator of market sentiment before the stock market listing. Ahead of listing, the grey market premium was reported at elevated levels, with market indications reaching around ₹75 per share.
Against the issue price of ₹201, a GMP of ₹75 would indicate an implied price of approximately ₹276. However, the actual NSE listing price was ₹265 and the BSE listing price was ₹265.30.
GMP is not regulated by SEBI or stock exchanges and does not guarantee the actual listing price or future market performance. Investors should consider the company’s financial performance, valuation, business model and risk factors rather than relying solely on grey market indications.
Since the shares have now been listed, the GMP is no longer relevant for determining the actual listing price.
Lalithaa Jewellery Mart IPO Review
Lalithaa Jewellery Mart IPO provided investors with exposure to an established regional jewellery retailer with a significant presence across South India.
One of the company’s important strengths is its established retail network. The company operated 61 stores across 51 cities in Fiscal 2026, with a significant presence in Tier II and Tier III cities.
The company focuses on mass and value-conscious consumers and offers a broad product portfolio comprising gold, silver and diamond jewellery. Its strong regional presence and brand recognition provide an established platform for further store expansion.
The company’s financial performance also improved significantly in FY2026. Revenue from operations increased to ₹25,023.93 crore from ₹16,897.32 crore in FY2025, while PAT increased to ₹1,009.82 crore from ₹364.73 crore.
EBITDA increased substantially during the same period, and the company’s ROE and ROCE were above 40% in FY2026.
Another positive factor is its backward integration and manufacturing capabilities. The company works with skilled karigars and has developed manufacturing infrastructure to support its jewellery retail operations.
The company also plans to establish 10 new stores using the IPO proceeds. A substantial portion of the fresh issue proceeds is intended for inventory requirements for these stores, while the remaining amount will fund store fit-outs and general corporate purposes.
However, jewellery retail is a working-capital-intensive business. A significant amount of capital is required for maintaining jewellery inventory, and changes in gold prices can affect inventory values and customer demand.
The company is also heavily dependent on gold jewellery. Any sustained change in consumer preferences or gold prices could influence revenue and margins.
Competition is another important risk. Lalithaa Jewellery Mart competes with national jewellery chains, regional organised retailers and local jewellery stores. Maintaining customer loyalty and achieving attractive returns from new stores will be important for future growth.
The company is also exposed to seasonal demand because jewellery purchases are closely linked to weddings, festivals and other occasions.
Overall, Lalithaa Jewellery Mart has an established regional presence, strong FY2026 financial performance, a large store network and plans for further expansion. Investors should nevertheless evaluate inventory management, gold price exposure, store-level economics, competition and future profitability before making investment decisions.
Lalithaa Jewellery Mart IPO Strengths
- Established jewellery brand with a long operating history since 1985.
- Strong presence across South Indian jewellery markets.
- Significant retail network across Tier II and Tier III cities.
- Broad portfolio of gold, silver and diamond jewellery.
- Focus on mass and value-conscious customers.
- Asset-light retail business model supported by backward integration.
- Strong growth in revenue and profitability during FY2026.
- Healthy ROE and ROCE.
- Established customer base supported by jewellery purchase schemes.
- Own manufacturing capabilities and relationships with skilled karigars.
- Planned expansion through 10 new stores.
- Strong investor demand during the IPO.
Lalithaa Jewellery Mart IPO Risk Factors
- Significant dependence on gold jewellery sales.
- Gold price volatility may affect customer demand and inventory values.
- Jewellery retail requires substantial working capital.
- The industry is highly competitive.
- Demand can be seasonal and dependent on weddings and festivals.
- New store expansion may involve execution and location-selection risks.
- Inventory management is critical to maintaining profitability.
- Changes in hallmarking, taxation and other regulations may increase compliance costs.
- Changes in consumer preferences may affect product demand.
- Brand reputation and customer trust are important to jewellery retail.
- Competition from organised and unorganised regional jewellery retailers may affect margins.
- Economic slowdowns may reduce discretionary spending on jewellery.
Lalithaa Jewellery Mart IPO Promoters
Lalithaa Jewellery Mart Limited is promoted by M. Kiran Kumar Jain and Hemaa Kiran Kumar Jain.
Before the IPO, the promoter and promoter group held approximately 97.72% of the company’s equity share capital. Following the IPO, promoter and promoter group shareholding was expected to reduce to approximately 82.85%.
M. Kiran Kumar Jain is the Chairman and Managing Director of the company, while Hemaa Kiran Kumar Jain serves as Whole-Time Director.
The promoters have significant experience in the jewellery retail business and have been associated with the company’s development and expansion over several decades.
Lalithaa Jewellery Mart IPO Promoters Details
| Promoter | Designation |
|---|---|
| M. Kiran Kumar Jain | Chairman & Managing Director |
| Hemaa Kiran Kumar Jain | Whole-Time Director |
The promoter and promoter group held 48,85,74,576 equity shares before the IPO, representing approximately 97.72% of the pre-issue share capital.
Lalithaa Jewellery Mart IPO Management Team
The company is led by an experienced management team with expertise in jewellery retail, operations, finance and corporate management.
| Name | Designation |
|---|---|
| M. Kiran Kumar Jain | Chairman & Managing Director |
| Hemaa Kiran Kumar Jain | Whole-Time Director |
| P. Rajeswaran | Whole-Time Director |
| Subramaniam Bhama | Chief Financial Officer |
| Jitendra Kumar Pal | Company Secretary & Compliance Officer |
| Poonam Jagdambaprasad Dubey | Independent Director |
| Vandana Mayur Amrutiya | Independent Director |
| Nayan Jagdishchandra Rawal | Independent Director |
The management team focuses on expanding the retail network, strengthening operations, improving customer experience, managing inventory and maintaining the company’s position in the South Indian jewellery market.
Lalithaa Jewellery Mart IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, coordinating refunds and demat credit, and handling investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | MUFG Intime India Private Limited |
| Website | MUFG Intime Official Website |
| IPO Allotment Status | MUFG Intime IPO Allotment Status |
| Email ID | [email protected] |
| Contact Number | +91 8108114949 |
Lalithaa Jewellery Mart IPO Lead Manager Details
The Book Running Lead Managers were responsible for managing the IPO process, coordinating regulatory requirements and assisting the company throughout the public issue.
| Particular | Details |
|---|---|
| Lead Manager 1 | Anand Rathi Advisors Limited |
| Lead Manager 2 | Equirus Capital Limited |
Lalithaa Jewellery Mart Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Lalithaa Jewellery Mart Limited |
| Registered Office | 123, Usman Road, T. Nagar, Chennai – 600017, Tamil Nadu, India |
| Website | Lalithaa Jewellery Official Website |
| Email ID | [email protected] |
| Contact Number | +91 44 2834 9869 |
| CIN | U36911TN1985PLC012417 |
How to Check Lalithaa Jewellery Mart IPO Allotment Status
Investors could check the Lalithaa Jewellery Mart IPO Allotment Status after the basis of allotment was finalised through the registrar’s website or through the relevant stock exchange facilities.
Through MUFG Intime India Private Limited
- Visit the official MUFG Intime IPO allotment portal.
- Select Lalithaa Jewellery Mart IPO from the available IPO list.
- Choose PAN Number, Application Number or DP/Client ID.
- Enter the required details.
- Submit the information to view the allotment status.
Through BSE
- Visit the official BSE IPO application status facility.
- Select Lalithaa Jewellery Mart IPO.
- Enter your PAN Number or application details.
- Complete the required verification.
- Submit the information to check the allotment result.
Through NSE
- Visit the official NSE IPO bid verification facility.
- Select the relevant IPO.
- Enter the required application or PAN details.
- Complete the verification process.
- Submit the information to view the application status.
The basis of allotment was finalised on August 20, 2026, while refunds and demat credits were processed on August 21, 2026.
Lalithaa Jewellery Mart IPO Conclusion
Lalithaa Jewellery Mart IPO provided investors with an opportunity to participate in an established jewellery retailer with a strong regional presence across South India.
The company operates a sizeable retail network across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry, with significant penetration in Tier II and Tier III cities. Its focus on mass and value-conscious customers, broad jewellery portfolio and regional brand presence are important business strengths.
The company’s FY2026 financial performance was strong. Revenue from operations increased to ₹25,023.93 crore, while profit after tax reached ₹1,009.82 crore. EBITDA also increased significantly, supported by improved operating performance.
The company intends to use fresh issue proceeds primarily for setting up 10 new stores and funding their inventory requirements. Successful execution of this expansion plan will be important for sustaining future growth.
However, investors should consider the company’s dependence on gold jewellery, working-capital requirements, gold price volatility, competition, seasonal demand and risks associated with new-store expansion.
The IPO received exceptionally strong investor interest, with the issue subscribed 62.97 times overall. The shares subsequently listed at ₹265 on NSE and ₹265.30 on BSE against the issue price of ₹201, representing listing gains of approximately 31.84% and 31.99%, respectively.
The strong listing indicates positive market sentiment, but long-term investment decisions should be based on earnings growth, inventory management, store productivity, cash flows, competitive positioning and valuation.
A detailed assessment of the company’s financial performance, business strategy, industry outlook, valuation and risk factors can help investors determine whether the stock is suitable for their investment objectives.
Lalithaa Jewellery Mart IPO FAQs
What is Lalithaa Jewellery Mart IPO?
Lalithaa Jewellery Mart IPO was the Mainboard public issue of Lalithaa Jewellery Mart Limited, a jewellery retailer operating under the Lalitha brand with a strong presence across South India.
What was the Lalithaa Jewellery Mart IPO issue size?
The total issue size was approximately ₹1,700 crore, comprising a fresh issue of ₹1,200 crore and an Offer for Sale of ₹500 crore.
What was the Lalithaa Jewellery Mart IPO Price?
The Lalithaa Jewellery Mart IPO Price band was ₹190 to ₹201 per equity share. The final issue price was ₹201 per share.
What was the Lalithaa Jewellery Mart IPO Lot Size?
The Lalithaa Jewellery Mart IPO Lot Size was 74 equity shares. At the upper price band of ₹201, one lot required an investment of ₹14,874.
When did the Lalithaa Jewellery Mart IPO open and close?
The IPO opened for subscription on August 17, 2026 and closed on August 19, 2026.
What was the Lalithaa Jewellery Mart IPO GMP?
The Lalithaa Jewellery Mart IPO GMP reached around ₹75 per share before listing. GMP is an unofficial market indicator and does not guarantee the actual listing price.
What was the Lalithaa Jewellery Mart IPO Subscription Status?
The Lalithaa Jewellery Mart IPO Subscription Status showed an overall subscription of 62.97 times. QIBs subscribed 145.38 times, NIIs 73.90 times and retail investors 11.81 times.
When was Lalithaa Jewellery Mart IPO listed?
Lalithaa Jewellery Mart shares were listed on BSE and NSE on August 24, 2026. The shares opened at ₹265 on NSE and ₹265.30 on BSE against the issue price of ₹201.
Who was the registrar for Lalithaa Jewellery Mart IPO?
MUFG Intime India Private Limited was the registrar to the Lalithaa Jewellery Mart IPO.
What does Lalithaa Jewellery Mart Limited do?
Lalithaa Jewellery Mart Limited is a jewellery retailer offering gold, silver, diamond and other jewellery products through its retail network, primarily serving customers across South India with a significant presence in Tier II and Tier III cities.
