Lalithaa Jewellery Mart IPO
GMP, Subscription, Price, Dates & Financial Details
Diamond & Jewellery
Lalitha Jewellery Mart is a prominent South Indian jewellery retailer operating under the brand name “Lalithaa.” The company offers a diverse portfolio of jewellery products, including gold, silver, and diamond jewellery, with a primary focus on gold jewellery. Its product range includes rings,…
Open Date
Mon, 17 Aug 2026
Close Date
Wed, 19 Aug 2026
Price Band
₹ 190 – 201
Lot Size
74
Issue Size
₹ 1,700.00 Cr
Minimum Investment
₹ 14,874 (74 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Lalithaa Jewellery Mart IPO is set to open its Initial Public Offering (IPO) for subscription on August 17, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹1,700 Crore, comprising a fresh issue of 5.97 Crore equity shares aggregating to ₹1,200.00 Crore and an offer for sale (OFS) of 2.49 Crore equity shares aggregating to ₹500.00 Crore by the existing shareholders.
The Lalithaa Jewellery Mart IPO will open for subscription on August 17, 2026, and close on August 19, 2026. The basis of allotment is expected to be finalized on August 20, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 24, 2026.
The company has fixed the price band at ₹190 to ₹201 per share, with a lot size of 74 shares. Retail investors will require a minimum investment of ₹14,874 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited is the registrar to the issue. Equirus Capital Private Limited, and Anand Rathi Advisors Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Lalithaa Jewellery Mart IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 19, 2026.
Lalithaa Jewellery Mart IPO Timeline (Tentative)
- IPO Open Date
- Mon, 17 Aug 26
- IPO Close Date
- Wed, 19 Aug 26
- Basis of Allotment
- Thu, 20 Aug 26
- Initiation of Refunds
- Fri, 21 Aug 26
- Credit of Shares to Demat
- Fri, 21 Aug 26
- Listing Date
- Mon, 24 Aug 26 — NSE & BSE
Open Date
17 August 2026
Close Date
19 August 2026
Basis Of Allotment
20 August 2026
Listing Date
24 August 2026
IPO Subscription
Check Live Subscription →The Lalithaa Jewellery Mart IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 17 August 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (0%), while Non-Institutional Investors (NIIs) receive 0 shares (0%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 0 | 0% |
| Retail Investors | 0 | 0% |
| Non-Institutional | 0 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 10945.14 | 6929.68 | 5182.26 |
| Revenue | 25039.8 | 16907.88 | 16800.62 |
| Profit After Tax | 1009.82 | 364.73 | 359.83 |
| Net Worth | 3033.14 | 2028.8 | 1667.78 |
| Reserve & Surplus | 2679.74 | 1675.39 | 1552.46 |
| Total Borrowings | 1604.14 | 949.26 | 824.18 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Lalitha Jewellery Mart Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 41.6 | 20.9 | 25.96 |
| ROCE % | 42.6 | 25.58 | 30.44 |
| Debt / Equity | 0.53 | 0.51 | 0.49 |
| RoNW % | 39.9 | 19.73 | 24.16 |
| Pat Margin % | 4.04 | 2.16 | 2.14 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Lalithaa Jewellery Mart Ltd | 5 | 0 | 20.2 | 20.2 | 39.9 | 58.6 |
| Kalyan Jewellers India Ltd | 10 | 46.85 | 13.08 | 13.05 | 24.63 | 61.09 |
| Manoj Vaibhav Gems N Jewellers Ltd | 10 | 7.12 | 23.54 | 23.54 | 14.82 | 170.6 |
| PC Jeweller Limited | 10 | 9.26 | 1 | 0.83 | 10.32 | 9.45 |
| P N Gadgil Jewellers Ltd | 10 | 22.18 | 30.2 | 30.2 | 23.21 | 144.63 |
About Lalitha Jewellery Mart Limited
Lalitha Jewellery Mart is a prominent South Indian jewellery retailer operating under the brand name “Lalithaa.” The company offers a diverse portfolio of jewellery products, including gold, silver, and diamond jewellery, with a primary focus on gold jewellery. Its product range includes rings, earrings, pendants, necklaces, chains, bangles, bracelets, and other jewellery designs. In FY2024, approximately 93.96% of the company’s revenue was generated from gold jewellery, highlighting its strong focus on the gold jewellery segment.
Retail Presence
The company has established a strong retail presence across Tamil Nadu, Telangana, Karnataka, and the Union Territory of Puducherry. As of December 31, 2024, Lalithaa operated 56 stores across 46 cities. Each store has an aggregate area of more than 5,000 sq. ft.
A majority of the company’s stores are strategically located in Tier II and Tier III cities in South India, enabling Lalithaa to target markets with significant growth potential and cater to customers beyond major metropolitan cities. This extensive retail network provides the company with a strong regional presence and direct access to a broad customer base.
Manufacturing Facilities
Lalithaa operates two jewellery manufacturing facilities, both located in Tamil Nadu. These facilities are situated at:
- Thirumudivakkam, Chennai – approximately 43,681.96 sq. ft.
- Maraimalai, Kanchipuram – approximately 20,000 sq. ft.
The manufacturing infrastructure supports the company’s jewellery production requirements and enables it to maintain greater control over its product designs, manufacturing processes, and supply chain.
Jewellery Savings Schemes
In addition to its retail jewellery business, Lalithaa offers customer-focused jewellery savings and purchase schemes, which encourage customers to make regular monthly investments towards future jewellery purchases.
The company offers schemes such as:
- Dhana Vandhanam: Customers can make monthly investments ranging from ₹1,000 to ₹10,000.
- Free-yo-Flexi: Customers can invest between ₹1,000 and ₹25,000 per month, providing greater flexibility in their monthly contributions.
These schemes help the company build long-term relationships with customers while generating a recurring customer base and supporting future jewellery purchases.
As of December 31, 2024, the company had approximately 420,261 active customers enrolled across its jewellery savings schemes, demonstrating strong customer participation and the effectiveness of these programmes in driving customer engagement and loyalty.
Lalithaa Jewellery Mart IPO Promoters
- M. Kiran Kumar Jain
- Hemaa Kiran Kumar Jain
Promoters Holding
Holding Pre Issue
97.72%
Holding Post Issue
82.85%
Lalithaa Jewellery Mart IPO Objective
The Company Lalitha Jewellery Mart IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of expenditure towards setting up of 10 new stores in India (“New Stores”). The funding is proposed to be utilised towards the following broad heads:
(a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware and software [34.55 cr]
(b) Expenditure towards inventory costs for setting up of New Stores [998.68 cr] - General corporate purposes
Lalitha Jewellery Mart Limited Address / Contact Details
Lalithaa Jewellery Mart Ltd.
123, Usman Road,
T. Nagar,Chennai
Chennai, Tamil Nadu, 600017
Phone: +044 2834 9869
Email: cosec@lalithaajewellery.com
Website: http://www.lalithaajewellery.com/
IPO Snapshot
Lalithaa Jewellery Mart IPO Lot Size
The Lalithaa Jewellery Mart IPO has a lot size of 74 shares. Retail investors require a minimum investment of ₹14,874 by applying for 1 lot (74 shares). The maximum application allowed for the retail category is 13 lots (962 shares), requiring an investment of ₹1,93,362.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 74 | 14,874.00 |
| Retail (Max) | 13 | 962 | 193,362.00 |
| S-HNI (Min) | 14 | 1,036 | 208,236.00 |
| S-HNI (Max) | 67 | 4,958 | 996,558.00 |
| B-HNI (Min) | 68 | 5,032 | 1,011,432.00 |
Issue Reservation
Book Running Lead Managers
- Equirus Capital Private Limited
- Anand Rathi Advisors Limited
IPO Documents & Links
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Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Lalithaa Jewellery Mart IPO?
Lalithaa Jewellery Mart IPO is a Book-building IPO with a total issue size of ₹1700 crore. The Lalithaa Jewellery Mart IPO price band is ₹190 to 201 per share. The Lalithaa Jewellery Mart IPO subscription opens on Mon, Aug 17, 2026, and closes on Wed, Aug 19, 2026. The Lalithaa Jewellery Mart IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Lalithaa Jewellery Mart IPO.
When will the Lalithaa Jewellery Mart IPO open for subscription?
The Lalithaa Jewellery Mart IPO opens on Mon, Aug 17, 2026 and closes on Wed, Aug 19, 2026
What is Lalithaa Jewellery Mart IPO Price Band?
Lalithaa Jewellery Mart IPO Price Band is ₹190 to 201 per share.
What is Lalithaa Jewellery Mart IPO Lot Size?
Lalithaa Jewellery Mart IPO lot size is 74 shares, Retail investors need a minimum investment of ₹14874 based on the upper price band
What is the minimum investment for Lalithaa Jewellery Mart IPO?
The minimum investment for Lalithaa Jewellery Mart IPO is ₹14874, based on one lot of 74 shares at the upper price band of ₹201 per share.
How to apply for Lalithaa Jewellery Mart IPO?
Investors can apply for the Lalithaa Jewellery Mart IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 19, 2026. The application amount remains blocked until the Lalithaa Jewellery Mart IPO allotment is finalized.
What is Lalithaa Jewellery Mart IPO Issue Size?
Lalithaa Jewellery Mart IPO issue size is ₹1700 crores.
What is the Lalithaa Jewellery Mart IPO Allotment Date?
Lalithaa Jewellery Mart IPO allotment date is Thu, Aug 20, 2026.
Who is the Lalithaa Jewellery Mart IPO Registrar?
The registrar for Lalithaa Jewellery Mart IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Lalithaa Jewellery Mart IPO allotment status, refund processing, and other IPO-related information.
What is the Lalithaa Jewellery Mart IPO GMP?
The Lalithaa Jewellery Mart IPO GMP (Grey Market Premium) is ₹0 as of Mon, Aug 10, 2026. Based on the upper price band of ₹201 per share, the estimated Lalithaa Jewellery Mart IPO listing price is ₹201, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Lalithaa Jewellery Mart IPO Lead Manager?
The book-running lead managers (BRLMs) for the Lalithaa Jewellery Mart IPO are Anand Rathi Advisors Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Lalithaa Jewellery Mart IPO Red Herring Prospectus (RHP).