Summary
Lalithaa Jewellery Mart IPO opens for subscription on August 17th, 2026, and closes on August 19th, 2026, with a price band of ₹190 to ₹201.
This is a mainboard book-building IPO that will list on the BSE and NSE platforms on August 24th, 2026.
The company is issuing a fresh issue of ₹1200 cr (approx) and an offer for sale of ₹500 cr (approx), with a minimum investment of 1 lot or 74 shares.
Lalithaa Jewellery Mart IPO is a mainboard book-building IPO that is scheduled to open for subscription on August 17, 2026 and close on August 19, 2026. It is issuing both fresh issues and offers for sale at a total of approximately ₹1700 cr, with a price band fixed at ₹190 to ₹201.
The raised funds are to be utilised for expenditure on furniture and fixtures, IT hardware and software, equipment, and inventory costs of its new 10 stores, and for general corporate purposes.
Lalithaa Jewellery Mart IPO Key Details
The table below presents the essential details investors should know before applying for the Lalithaa Jewellery Mart IPO.
| IPO Open Date | 17 August 2026 |
| Close Date | 19 August 2026 |
| Face value | ₹5 per share |
| Price Band | ₹190 to ₹201 |
| IPO Lot Size | 74 shares |
| Fresh issue | ₹1200 Cr approx |
| Offer for Sale | ₹500 Cr approx |
| Type of issue | Book-building mainboard |
| Listing at | BSE and NSE |
| Total Issue Size (₹ Crore) | ₹1700 approx |
| Minimum Investment | 1 lot or 74 shares |
Lalithaa Jewellery Mart IPO Timeline
Below is the complete schedule of events for the Lalithaa Jewellery Mart IPO.
| Bid Opening | 17 August 2026 |
| Bid Closing | 19 August 2026 |
| Tentative Allotment | 20 August 2026 |
| Initiation of Refunds | 21 August 2026 |
| Credit of Shares to Demat | 21 August 2026 |
| Tentative Listing Date | 24 August 2026 |
| UPI mandate closing date | 19 August 2026 |
Key Performance Indicators of Lalithaa Jewellery Mart IPO
These financial ratios highlight the company’s profitability, capital efficiency, and overall financial performance over the past three financial years.
| 31-03-2026 | 31-03-2025 | 31-03-2024 | |
| ROE (%) | 41.60 | 20.90 | 25.96 |
| ROCE (%) | 42.60 | 25.58 | 30.44 |
| Debt Equity (in times) | 0.53 | 0.51 | 0.49 |
| RoNW (%) | 39.90 | 19.73 | 24.16 |
| PAT Margin (%) | 4.04 | 2.16 | 2.14 |
| EBITDA margin (%) | 6.69 | 4.38 | 4.05 |
| Price to book | 3.43 |
Lalithaa Jewellery Mart IPO Financial Details
The Financial information of the Lalithaa Jewellery Mart IPO is as follows.
| FY 2025-2026 | FY 2024-2025 | FY 2023-2024 | |
| Revenue | 25,023.93 | 16,897.32 | 16,788.05 |
| Total Asset | 10,945.14 | 6,929.69 | 5,182.26 |
| Profit | 1,009.82 | 364.73 | 359.83 |
(Amount in ₹ Crore)
Lalithaa Jewellery Mart IPO Subscription Status
The subscription data is not available yet.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
Lalithaa Jewellery Mart IPO Grey Market Premium (GMP)
The current status of the Grey Market Premium for the Lalithaa Jewellery Mart IPO shows a GMP of ₹41. Therefore, according to the status, the estimated listing price is ₹242, with an estimated gain of 20.40%.
| GMP Date | GMP | Est. Listing Price | Est. Gain | Last updated |
| 13-08-2026 | ₹41 | ₹242 | 20.40% | 13-08-2026, 8:35 |
| 12-08-2026 | ₹41 | ₹242 | 20.40% | 12-08-2026, 23:37 |
| 11-08-2026 | ₹17 | ₹218 | 8.46% | 11-08-2026, 23:37 |
| 10-08-2026 | ₹ | ₹ | 10-08-2026, 13:50 |
GMP is the premium value of the share in the unofficial market before it opens for subscription.
Lalithaa Jewellery Mart IPO Reservation
The following table shows the distribution of shares reserved for retail investors, QIBs, and NIIs under the IPO.
| Investor Category | Offered No. of Shares |
| QIBs | Not more than 50% of the net offer |
| NIIs | Not less than 15% of the net offer |
| Retails | Not less than 35% of the net offer |
| Total | – |
Lalithaa Jewellery Mart IPO Lot Sizes
Investors can refer to the minimum and maximum investment requirements for each investor category as per the prescribed lot size.
| Application | Lot | Shares | Amount |
| Retail (Min) | 1 | 74 | ₹14,874 |
| Retail (Max) | 13 | 962 | ₹1,93,362 |
| S-HNI (Min) | 14 | 1,036 | ₹2,08,236 |
| S-HNI (Max) | 67 | 4,958 | ₹9,96,558 |
| B-HNI (Min) | 68 | 5,032 | ₹10,11,432 |
Lalithaa Jewellery Mart IPO Prospectus
Investors can access the offered prospectus for the Lalithaa Jewellery Mart IPO mentioned below.
About Lalithaa Jewellery Mart Ltd.
Lalithaa Jewellery Mart Ltd. is a jewellery retail shop that delivers a diverse range of gold, silver, and diamond jewellery. It was established in 1985. They provide various styles and designs, serving mostly in South India. They have a total of 61 stores across South Indian cities. The company is one of the key players in the Indian organised jewellery market with the highest operating revenue per store, such as ₹410.23 cr in FY2026, ₹281.62 cr in FY2025, and ₹316.76 cr in FY2024. The company provides authenticated BIS-hallmarked jewellery and focuses on craftsmanship, design, and quality at competitive prices.
Promoters:
- Kiran Kumar Jain
- Hemaa Kiran Kumar Jain
| Book Runner | Anand Rathi Advisors Ltd. Equirus Capital Ltd. |
| Issue Registrar | MUFG Intime India Pvt. Ltd. |
Purpose of Lalithaa Jewellery Mart IPO
The company intends to deploy the funds raised through this public issue toward specific operational and strategic goals, as detailed in the table below.
| Particulars | Estimated Amount in ₹ Crore |
| For expenditure of 10 new stores for furniture and fixtures, equipment, IT hardware, and software | 34.55 |
| For expenditure of 10 new stores for inventory cost | 998.68 |
| Sub Total | 1,033.23 |
| General corporate purpose | _ |
| Total | _ |
Lalithaa Jewellery Mart Ltd.- Strengths and benefits
- The company has a strong presence in the South Indian market, with gradual growth in the number of stores (61 in FY2026) and increasing operating revenue.
- The company aims to cater to the mass and value-conscious customer with quality and affordable jewellery.
- The company attracts more customers by opening stores in Tier-II and Tier-III cities, providing quality, craftsmanship, and original design for various occasions. It opened 45 out of 61 stores in Tier II and Tier III cities in FY2026.
Lalithaa Jewellery Mart Ltd- Risks and limitations
- A significant portion of revenue heavily depends on the selling of gold jewellery, contributing 92.33% in FY2026, 94.58% in FY2025, and 93.96% in FY2024 (approximately).
- The company’s promoters, directors, managerial personnel, and senior manager are involved in legal proceedings, making it prone to significant impact on the overall business in the event of an adverse decision.
- Since the company creates their own innovative and fashionable designs, being unable to do so in future may affect the demand for its products.
Lalithaa Jewellery Mart IPO Review
Lalithaa Jewellery Mart IPO is a book-built mainboard IPO, issuing fresh issues of ₹1200 cr (approx) and offers for sale of ₹500 cr (approx), which is fixed to open on 17 August 2026 and close on 19 August 2026. The shares will be listed on the NSE and BSE platforms on 24 August 2026. The company aims to utilise the IPO funds to finance furniture and fixtures, equipment, IT hardware and software, and inventory costs of its new 10 stores, along with general corporate purposes.
Overall, the IPO allows investors to invest in one of the leading retail jewellery companies that has shown significant performance in the last few years. However, they must analyse all the necessary details of the IPO along with the company’s valuation before making an investment decision.
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Lalithaa Jewellery Mart IPO FAQs
Lalithaa Jewellery Mart IPO is a mainboard book-building issue comprising a fresh issue of approximately ₹1,200 crore and an OFS of around ₹500 crore, with a price band of ₹190–₹201 per share.
Investors can apply through their broker’s IPO platform using a valid Demat account and UPI facility. Applications can be placed during the IPO bidding period.
The IPO has positives such as strong revenue growth, an established South Indian retail presence and store expansion plans. However, its high dependence on gold jewellery sales and other disclosed risks require careful consideration.
The IPO will open for subscription on August 17, 2026, and close on August 19, 2026.
The IPO lot size is 74 shares. At the upper price band of ₹201, one lot requires an investment of ₹14,874.
The tentative IPO allotment date is August 20, 2026.
The shares are expected to be listed on the NSE and BSE on August 24, 2026.
