Lalithaa Jewellery Mart IPO is a book-built public offering with a total issue size of ₹1,700 crore. The issue consists of a fresh issue of 5.97 crore equity shares worth ₹1,200 crore, along with an offer for sale (OFS) of 2.49 crore equity shares aggregating to ₹500 crore.
The IPO will open for subscription on August 17, 2026, and will remain available for bidding until August 19, 2026. The basis of allotment is likely to be finalized on August 20, 2026. Shares of the company are proposed to be listed on both the NSE and BSE, with the tentative listing scheduled for August 24, 2026.
The company has fixed the IPO price band at ₹190 to ₹201 per share. Investors can apply in a minimum lot of 74 shares. At the upper end of the price band, a retail investor will need to invest at least ₹14,874 for one lot.
Anand Rathi Advisors Ltd. has been appointed as the book-running lead manager for the issue, while MUFG Intime India Pvt. Ltd. will act as the registrar to the IPO.
Refer to Lalithaa Jewellery Mart IPO RHP for detailed Information
Lalithaa jewellery mart IPO GMP Today
Lalithaa jewellery mart IPO last GMP is ₹26, last updated August 16 2026 02:35 pm. With the upper price band of ₹201, Lalithaa jewellery mart IPO’s Estimated listing is ₹227 (cap price + today’s GMP). Tha expected percentage gain/loss per share is 12.94%
We update the GMP daily. Based on grey market activity over the last 6 session, the IPO’s GMP is trending upward today, indicating expectations of a strong listing. During this period, the GMP ranged from a low of ₹17 to a high of ₹41 . stay with us for the latest Lalithaa jewellery mart IPO GMP updates, daily price trends, and expected listing price.
| GMP Date | IPO Price | GMP | EST. Listing Price | EST. Profit* | Last Updated |
|---|---|---|---|---|---|
| 16-08-2026 | ₹201 | ₹26 | ₹227(12.94%) | ₹1924 | 14:35 |
| 15-08-2026 | ₹201 | ₹25 | ₹226(12.44%) | ₹1850 | 15:55 |
| 14-08-2026 | ₹201 | ₹24 | ₹225(11.94%) | ₹1776 | 15:16 |
| 13-08-2026 | ₹201 | ₹38 | ₹239(18.91%) | ₹2812 | 14:25 |
| 12-08-2026 | ₹201 | ₹41 | ₹242(20.40%) | ₹3034 | 14:26 |
| 11-08-2026 | ₹201 | ₹17 | ₹218(8.46%) | ₹1258 | 13:59 |
Lalithaa jewellery mart IPO Details
| IPO Open Date | 17-08-2026 |
| IPO Close Date | 19-08-2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹190 to ₹201 Per Share |
| Issue Size | Approx ₹1700 cr. |
| Fresh Issue | Approx ₹1200 cr. |
| Offer For Sale | Approx 2,48,75,621 Equity Share |
| Issue Type | Book Built Issue |
| IPO Listing | NSE,BSE |
Issue Reservation
| Investor Category | Shares Offered % |
|---|---|
| Retail Shares Offered | 35% |
| NII Shares Offered | 15% |
| QIB Shares Offered | 50% |
Lalithaa jewellery mart IPO Market Lot
The Lalithaa jewellery mart IPO minimum market lot is 74 shares with ₹14,874 application amount. The retail investors can apply up-to 13 lots with 962 shares of ₹1,93,362 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 74 | ₹14,874 |
| Retail Maximum | 13 | 962 | ₹1,93,362 |
| S-HNI Minimum | 14 | 1,036 | ₹2,08,236 |
| S-HNI Maximum | 67 | 4,958 | ₹9,96,558 |
| B-HNI Minimum | 68 | 5,032 | ₹10,11,432 |
Lalithaa jewellery mart IPO Anchor Investors
| Anchor Bidding Date | 14-08-2026 |
| Shares Offered | [.] Shares |
| Lock-in period end date 50% shares(30 Days) | 20-09-2026 |
| Lock-in period end date 50% shares (90 Days) | 19-11-2026 |
Lalithaa jewellery mart IPO Dates
The Lalithaa jewellery mart IPO Open date is August 17 and the close date is August 19. The Lalithaa jewellery mart IPO allotment will be finalized on August 20 and the IPO listing on August 24.
| IPO Open Date: | 17-08-2026 |
| IPO Close Date: | 19-08-2026 |
| Basis of allotment: | 20-08-2026 |
| Refunds: | 21-08-2026 |
| Credit to Demat Account: | 21-08-2026 |
| IPO Listing Date: | 24-08-2026 |
Lalithaa Jewellery Mart IPO Strengths and Risks
Key Strengths
1️⃣Strong Regional Brand Presence in South India Lalithaa Jewellery has developed a strong market presence in South India, one of the largest jewellery-consuming regions in the country. The company has demonstrated robust revenue growth while steadily increasing its store network, helping it strengthen customer reach and brand recognition.
2️⃣Scalable Organized Retail Business Model
As a large organized jewellery retailer, the company benefits from efficient inventory management, stronger sourcing capabilities, and the ability to serve customers across multiple locations. These advantages help improve operational efficiency and support long-term growth.
Key Risks
1️⃣High Dependence on Gold Jewellery Sales
Gold jewellery contributes more than 92% of the company’s operating revenue. Any adverse changes in gold prices, supply availability, government regulations, or consumer demand could significantly impact the company’s business performance and profitability.
2️⃣Working Capital Intensive Business
The jewellery retail business requires maintaining substantial inventory levels, resulting in high working capital requirements. In Fiscal 2026, inventory accounted for approximately 96.81% of the company’s total current assets. Any disruption in financing or inventory management could adversely affect operations and financial performance.
Pre and Post-IPO Shareholding Pattern
| 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.
Objects of the Issue
| Purpose | Crores |
|---|---|
| Expansion of the retail network through the launch of 10 new stores, including investment in store interiors, furniture & fixtures, equipment, and required IT infrastructure/software. | ₹34.55 |
| Procurement of inventory and stock required for the successful establishment and operation of the proposed 10 new stores. | ₹998.68 |
| General corporate purposes. | ₹- |
| Total | 1033.23 |
About
Lalithaa Jewellery Mart Limited is one of India’s leading jewellery retail companies, incorporated in 1985. The company primarily focuses on the retail sale of gold jewellery and also offers silver jewellery, silver articles, and diamond jewellery. With a strong presence across South India, Lalithaa Jewellery has built a trusted brand among customers through its extensive store network and wide product range.
The company is committed to providing quality jewellery, transparent pricing, and a diverse selection of designs catering to different customer preferences. Lalithaa Jewellery aims to strengthen its market position by expanding its retail footprint and opening new stores across key regions in India. According to the RHP, the company plans to establish additional stores by Fiscal 2028 to support its long-term growth strategy.
Lalithaa jewellery mart IPO Company Financial Report
| Period Ended | Revenue | Expense | Pat | Assets |
|---|---|---|---|---|
| 2024 | ₹16,800.62 | ₹16,316.07 | ₹359.83 | ₹5,182.26 |
| 2025 | ₹16,907.88 | ₹16,404.58 | ₹364.73 | ₹6,929.68 |
| 2026 | ₹25,039.80 | ₹23,679.54 | ₹1,009.82 | ₹10,945.14 |
Lalithaa jewellery mart IPO Valuation – FY2026
Check Lalithaa jewellery mart IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE | 41.60% |
| ROCE | 42.60% |
| EBITDA Margin | 6.69% |
| PAT Margin | 4.04% |
| Debt to equity ration | 0.53 |
| Earning Per Share(EPS) | ₹20.20 |
| P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 39.90% |
| Net Asset Value(NAV) | ₹58.60 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Titan Company Limited | 65.80 | 76.92 | 25.20% | 231.00 | 51,084 |
| Kalyan Jewellers India Ltd | 14.15 | 42.90 | 24.80% | 61.10 | 18,548 |
| Thangamayil Jewellery Ltd | 126.30 | 43.00 | 28.10% | 456.00 | 3,842 |
| Senco Gold Limited | 25.20 | 13.50 | 25.60% | 153.00 | 5,237 |
| Manoj Vaibhav Gems | 11.50 | 13.60 | 15.00% | 89.20 | 2,126 |
| PN Gadgil Jewellers Ltd | 18.40 | 38.20 | 23.40% | 114.50 | 6,110 |
| Tribhovandas Bhimji Zaveri | 9.80 | 22.40 | 11.20% | 98.40 | 2,217 |
| PC Jeweller Limited | -0.85 | N/A | -3.50% | 82.10 | 1,248 |
Lalithaa jewellery mart IPO Lead Managers aka Merchant Bankers
- Anand Rathi Advisors Ltd.
- Equirus Capital Ltd.
Lalithaa jewellery mart Company Address
Lalithaa Jewellery Mart Ltd.
123, Usman Road,
T. Nagar,
Chennai
Chennai, Tamil Nadu, 600017
Phone: +044 2834 9869
Email: cosec@lalithaajewellery.com
Website: https://www.lalithaajewellery.com/
Lalithaa jewellery mart IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: lalithaajewellery.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
FAQs
What is Lalithaa Jewellery Mart IPO?
Lalithaa Jewellery Mart IPO is a ₹1,700 crore book-built IPO comprising a fresh issue of ₹1,200 crore and an offer for sale of ₹500 crore.
When does Lalithaa Jewellery Mart IPO open and close?
The IPO opens on August 17, 2026 and closes on August 19, 2026.
What is the price band of Lalithaa Jewellery Mart IPO?
The price band is ₹190 to ₹201 per share.
What is the lot size and minimum investment for Lalithaa Jewellery Mart IPO?
The lot size is 74 shares. At the upper price band of ₹201, the minimum retail investment is ₹14,874.
When is Lalithaa Jewellery Mart IPO allotment expected?
The IPO allotment is expected to be finalized on August 20, 2026.
When will Lalithaa Jewellery Mart IPO list?
The shares are proposed to list on BSE and NSE on August 24, 2026, subject to applicable approvals and market conditions.
What does Lalithaa Jewellery Mart do?
Lalithaa Jewellery Mart is a jewellery retailer focused on gold, silver, diamond, precious and semi-precious jewellery, with a strong presence across South India.
Who are the lead manager and registrar of Lalithaa Jewellery Mart IPO?
Anand Rathi Advisors Ltd. is the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar of the issue.
Disclaimer
I am not a SEBI-registered Research Analyst, Investment Adviser, or any other SEBI-regulated financial professional. The information provided on this website regarding IPOs, GMP, stock markets, and other financial topics is for educational and informational purposes only.
The content published on this website should not be considered financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.