Lalithaa Jewellery Mart IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Retail)
₹14,874
1 lot · 74 shares at the upper price band
Price band
₹201
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹1700 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- Mainboard
- Price band
- ₹201
- Issue size
- ₹1700 Cr
- Lot size
- 74
- Opens
- 17 Aug 2026
- Closes
- 19 Aug 2026
- Allotment
- 20 Aug 2026
- Listing
- 24 Aug 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- MUFG Intime India Pvt.Ltd.
- Minimum investment
- ₹14,874 (1 lot · 74 shares)
- Face value
- ₹5 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Fresh issue
- ₹1,200 Cr
- Offer for sale
- ₹500 Cr
- Listing at
- BSE, NSE
- Refunds
- 21 Aug 2026
- Shares credited
- 21 Aug 2026
- Promoter holding
- 97.72% before · 82.85% after
- Lead managers
- Anand Rathi Advisors Ltd., Equirus Capital Ltd.
Offer documents & links
Subscription by category
As of 19 Aug 2026, 1:23 pm.
Total subscription
46.72x
Full issue details
Details as published for this issue, read 11 Sept 2026, 4:57 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 17 to 19 Aug, 2026 |
|---|---|
| Listed on | Mon, Aug 24, 2026 |
| Face Value | ₹ 5 per share |
| Price Band | ₹190 to ₹201 |
| Issue Price | ₹201 per share |
| Lot Size | 74 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹ 19.00 |
| Total Issue Size | 8,46,08,276 shares (agg. up to ₹ 1,700 Cr) |
|---|---|
| Fresh Issue | 5,97,32,655 shares (agg. up to ₹ 1,200 Cr) |
| Offer for Sale | 2,48,75,621 shares of ₹ 5 (agg. up to ₹ 500 Cr) |
| Share Holding Pre Issue | 49,99,77,156 shares |
| Share Holding Post Issue | 55,97,09,811 shares |
| BSE Script Code / NSE Symbol | 544879 / LALITHAA |
| ISIN | INE0K9O01026 |
IPO Timetable
- IPO Open
- Mon, Aug 17, 2026
- IPO Close
- Wed, Aug 19, 2026
- Allotment
- Thu, Aug 20, 2026
- Refund
- Fri, Aug 21, 2026
- Credit of Shares
- Fri, Aug 21, 2026
- Listing
- Mon, Aug 24, 2026
Issue Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB | 4,21,39,302 | 50.00% | 49.81% | NA |
| − Anchor Investor | 2,52,83,581 | — | 29.88% | NA |
| − QIB (Ex. Anchor) | 1,68,55,721 | — | 19.92% | NA |
| NII (HNI) | 1,26,41,791 | 15.00% | 14.94% | NA |
| − bNII > ₹10L | 84,27,861 | — | 9.96% | 8,135 |
| − sNII < ₹10L | 42,13,930 | — | 4.98% | 4,067 |
| Retail | 2,94,97,513 | 35.00% | 34.86% | 3,98,615 |
| Preferential Reservations | ||||
| Employee | 3,29,670 | — | 0.39% | NA |
| Total | 8,46,08,276 | 100.00% | 100.00% | — |
Lalithaa Jewellery Mart IPO comprises a total issue size of 8,46,08,276 shares. The net offer to the public is 8,42,78,606 shares, after excluding 3,29,670 shares under a preferential allotment. Of the Net offer 4,21,39,302 (50.00%) are allocated to QIB , 1,26,41,791 (15.00%) allocated to NII 2,94,97,513 (35.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 74 | ₹14,874 |
| Retail (Max) | 13 | 962 | ₹1,93,362 |
| S-HNI (Min) | 14 | 1036 | ₹2,08,236 |
| S-HNI (Max) | 67 | 4958 | ₹9,96,558 |
| B-HNI (Min) | 68 | 5032 | ₹10,11,432 |
Investors can bid for a minimum of 74 shares and in multiples thereof.
IPO Subscription Details
IPO Anchor Investors
| Bid Date | Fri, Aug 14, 2026 |
|---|---|
| Shares Offered | 2,52,83,581 |
| Anchor Portion (₹ Cr.) | 508.20 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Sep 18, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Nov 17, 2026 |
Lalithaa Jewellery Mart IPO raises ₹ 508.20 crore from anchor investors . Lalithaa Jewellery Mart IPO Anchor bid date is August 14, 2026 .
IPO Anchor Investors List
Investor Category Reservations
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | Up to ₹5Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
About Lalithaa Jewellery Mart Ltd.
Incorporated in November 1985, Lalithaa Jewellery Mart Limited is a jewellery retail company with a strong regional presence across South India, catering primarily to the mass and value-conscious customer segment. The Company offers a diverse range of gold, silver, diamond, precious and semi-precious jewellery, with a focus on quality, craftsmanship and original designs. The Company has established strong brand acceptance in Tier II and Tier III cities across southern India.
The Company operates through Large Format Stores and Medium Format Stores, which support its retail expansion and scale. It follows an asset-light retail business model with backward integration, supported by efficient inventory management and quality control processes. The Company also offers a diverse range of jewellery schemes, contributing to its robust customer base.
Lalithaa Jewellery Mart serves customers through its retail network, offering jewellery products across various categories and designs. The Company focuses on catering to the preferences of mass and value-conscious consumers while strengthening its presence in high-growth South Indian markets.
As of March 31, 2026, the Company had 7,059 employees across senior management, managerial, sales, security, administration, back-office and other functions.
Key Strengths
Strong regional presence with deep penetration in high-growth South Indian markets.
Brand catering to the mass and value-conscious segment with own manufacturing.
Strong brand pull in Tier II and Tier III cities with focus on quality, craftsmanship and original designs.
Large Format Stores and Medium Format Stores driving scale.
Robust customer base owing to diverse range of jewellery schemes.
Asset-light retail business model with backward integration, efficient inventory management and quality control processes.
Experienced promoter and management team with proven execution capabilities
Company Financials (Restated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 10,945.14 | 6,929.68 | 5,182.26 |
| Total Income | 25,039.80 | 16,907.88 | 16,800.62 |
| Profit After Tax | 1,009.82 | 364.73 | 359.83 |
| NET Worth | 3,033.14 | 2,028.80 | 1,667.78 |
| Reserves and Surplus | 2,679.74 | 1,675.39 | 1,552.46 |
| Total Borrowing | 1,604.14 | 949.26 | 824.18 |
| Amount in ₹ Crore |
Lalithaa Jewellery Mart Ltd.'s revenue increased by 48% and profit after tax (PAT) rose by 177% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Gems, Jewellery And Watches
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹267.51 |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹504.70 |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.92 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹216.79 |
| SMR Jewels Ltd. | SME | ₹63.74 Cr | ₹128 | 18.01 | ₹103.05 | -19.49% | ₹98.00 |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹80.95 |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹260.00 |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹64.00 |
View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding expenditure towards setting-up of 10 New Stores: (a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware and software | 34.55 |
| 2 | Funding expenditure towards setting-up of 10 New Stores: (b) Expenditure towards inventory costs for setting up of New Stores | 998.68 |
| 3 | General corporate purposes | 84.58 |
| 4 | Issue Expenses | 116.48 |
| Total | 1,234.29 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 41.60% |
| ROCE | 42.60% |
| Debt/Equity | 0.53 |
| RoNW | 39.90% |
| PAT Margin | 4.04% |
| NAV | 58.60 |
| Price to Book Value | 3.43 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 20.20 | 18.04 |
| P/E (x) | 9.95 | 11.14 |
| Market Cap at Offer Price | ₹10,050Cr. | ₹13,905.43 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 97.72% | 82.85% |
| Public | 2.28% | 17.15% |
| Total | 100% | 100% |
Company Promoters: M.Kiran Kumar Jain and Hemaa Kiran Kumar Jain.
Offer For Sale - Selling Shareholder
| Name | Category | No. of Shares Offered | Amount (₹ cr.) |
|---|---|---|---|
| Kiran Kumar Jain | Promoter | 2,48,75,621 | 499.82 |
| Total | — | 2,48,75,621 | 499.82 |
Lalithaa Jewellery Mart IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 10 | 0 | 2 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 153.80 | 1,68,55,722 | 2,59,24,36,894 |
| NII | 78.17 | 1,26,41,791 | 98,82,54,312 |
| bNII (> ₹10L) | 90.47 | 84,27,861 | 76,24,26,736 |
| sNII (< ₹10L) | 53.59 | 42,13,930 | 22,58,27,576 |
| Retail | 12.51 | 2,94,97,512 | 36,89,36,620 |
| Employee | 9.10 | 3,29,670 | 30,00,848 |
| Total | 66.63 | 5,93,24,695 | 3,95,26,28,674 |
The Lalithaa Jewellery Mart IPO is subscribed 66.63 times on August 19, 2026 6:53:38 PM (Day 3). The public issue subscribed 12.51 times in the retail category, 153.80 times in the QIB category, and 78.17 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 45,44,201
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs fees | 60.18 |
| 2 | Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs | 14.50 |
| 3 | Brokerage and selling commission and bidding/uploading charges for members of the Syndicate (including their subSyndicate Members), Registered Brokers, RTAs and CDPs | 2.56 |
| 4 | Fees payable to the Registrar to the Offer | 0.67 |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 7.71 |
| 6 | Printing and stationery expenses | 1.34 |
| 7 | Advertising and marketing expenses | 9.97 |
| 8 | Fees payable to the Depositories | 3.89 |
| 9 | Fees payable to legal counsels, auditors, independent chartered accountant, practicing company secretary &other advisors | 10.59 |
| 10 | Miscellaneous | 5.08 |
| Total | 116.48 |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹ 201.00 | ₹ 201.00 |
| Open | ₹ 265.30 | ₹ 265.00 |
| Low | ₹ 244.30 | ₹ 244.40 |
| High | ₹ 274.30 | ₹ 274.40 |
| Last Trade | ₹ 248.40 | ₹ 248.44 |
Check IPO Performance…
IPO Registrar
MUFG Intime India Pvt.Ltd.
022-49186000
lalithaajewellery.ipo@linkintime.co.in
IPO Lead Manager(s)
Anand Rathi Advisors Ltd.
Equirus Capital Ltd.
Contact Details
Lalithaa Jewellery Mart Ltd. Address
123, Usman Road,
T. Nagar,
Chennai
Chennai, Tamil Nadu , 600017
+044 2834 9869
cosec@lalithaajewellery.com
Lalithaa Jewellery Mart IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Lalithaa Jewellery IPO Turns Into A Blockbuster: Shares List 32% Higher; Check How Much Investors Made
Goodreturns · 1 Sept 2026
Shanti Gold International Buys 1.44 Lakh Shares In Lalithaa Jewellery Mart For ₹3.88 Crore
Sahi · 31 Aug 2026
Did you get Lalithaa Jewellery Mart IPO? Shares up 36% from IPO price -What's next for investors? Buy more?Sell or hold?
TradingView · 24 Aug 2026
Lalithaa Jewellery Mart Share Price Today: Stock Lists at 31.84% Premium. ₹4,736 profit per lot
India Infoline · 24 Aug 2026
Lalithaa Jewellery Mart IPO: Shares Make Strong Debut, List With 32% Premium At Rs 265.30 On BSE
NDTV Profit · 24 Aug 2026
Lalithaa Jewellery Mart shares shine on debut, list at 32% premium over IPO price
economictimes.com · 24 Aug 2026
Lalithaa Jewellery Mart Share Price Falls After Strong Listing. What Should Allotted Investors Do?
NDTV Profit · 24 Aug 2026
