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Lalithaa Jewellery Mart IPO 2026: ₹1,700 Crore Issue, 12-Store Expansion and Jewellery Retail Analysis
Lalithaa Jewellery Mart IPO opens August 17, 2026 at ₹190–₹201 per share. Explore its ₹1,7...
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L
Mainboard IPO
LISTED
BSE, NSE
LALITHAA
Lalithaa Jewellery Mart IPO
Lalithaa Jewellery Mart IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹70
+34.8%
Est. Listing: ₹271.00
Price Band
₹190 - ₹201
Per equity share
Lot Size
74 Shares
Min Invest: ₹14,874
Issue Size
₹1,700 Cr
Total Public Offering
Issue Dates
16 August 2026 – 18 August 2026
Bidding period
Subscription
62.97x
Total overall demand
Lalithaa Jewellery Mart IPO Details
Key facts at a glance| IPO Open Date | 16 August 2026 | IPO Close Date | 18 August 2026 |
|---|---|---|---|
| Basis of Allotment | 19 August 2026 | Listing Date | 23 August 2026 |
| Price Band | ₹190 - ₹201 per share | Face Value | ₹10 per share |
| Market Lot Size | 74 Shares | Min Investment (Retail) | ₹14,874 |
| Total Issue Size | ₹1,700 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Lalithaa Jewellery Mart IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 16 August 2026 | Confirmed |
| IPO Close Date | 18 August 2026 | Confirmed |
| Basis of Allotment | 19 August 2026 | Tentative |
| Initiation of Refunds | 21 August 2026 | Tentative |
| Credit of Shares to Demat | 21 August 2026 | Tentative |
| IPO Listing Date | 23 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 19 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Lalithaa Jewellery Mart IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 74 Shares | ₹14,874 |
| Retail (Max) | 13 Lots | 962 Shares | ₹1,93,362 |
| S-HNI (Min) | 14 Lots | 1,036 Shares | ₹2,08,236 |
| S-HNI (Max) | 67 Lots | 4,958 Shares | ₹9,96,558 |
| B-HNI (Min) | 68 Lots | 5,032 Shares | ₹10,11,432 |
Lalithaa Jewellery Mart IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹70 +34.8%
Estimated Listing Price
₹271.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 20 Aug 2026 | ₹55 | ₹256.00 | +27.36% |
| 19 Aug 2026 | ₹40 | ₹241.00 | +19.90% |
| 13 Aug 2026 | ₹41 | ₹242.00 | +20.40% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Lalithaa Jewellery Mart IPO Subscription Status
Demand breakdown by investor category
Retail
11.81x
QIB
145.38x
NII / HNI
73.90x
Total
62.97x
About Lalithaa Jewellery Mart
Lalithaa Jewellery Mart Limited is a jewellery company with operations primarily based in South India, where it caters to value-conscious, mass-market consumers across Tier I, II, and III cities. The company is engaged in the business of manufacturing, wholesaling, and retailing a diverse range of products, including gold, diamond-studded, platinum, and silver jewellery. Its revenue is generated through the direct sale of these items in its retail stores. A key feature of its business model is the use of jewellery purchase schemes that allow customers to pay in advance, either as a lump sum or in installments. In return for these advance payments, customers can purchase jewellery at a later date and receive benefits, such as significant waivers on wastage charges, which help in customer retention and securing sales.
Key Strengths
- Regional market leader across the South Indian organized retail jewellery market.
- Transparent pricing model that drives strong trust and customer loyalty.
- Widespread retail footprint with sixty-one showrooms across five southern states.
- Promoter-led management with decades of expertise in the jewellery industry.
- Consistent financial performance driven by a highly efficient inventory turnover.
Key Risks
- Heavy revenue dependence on gold jewellery sales over other products.
- Gold price volatility, which directly impacts profitability and margins.
- Intense market competition from both organized and unorganized regional retailers.
- Brand reputation damage could severely affect customer footfall and sales.
- Seasonal sales fluctuations are tied closely to festivals and wedding periods.
Lalithaa Jewellery Mart IPO Reservation & Share Quotas
The Lalithaa Jewellery Mart IPO has a category-wise reservation for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). The reservation structure determines the proportion of the net offer available for subscription by different investor categories.
As per the provided allocation structure, 50% of the offer is reserved for Qualified Institutional Buyers, excluding the anchor investor portion. Non-Institutional Investors have a reservation of 15%, while the remaining 35% is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Ex. Anchor) | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Note: The exact number of equity shares allocated to each investor category can be updated once the final reservation and anchor allocation details are available. The final allotment will depend on subscription levels and the finalized basis of allotment.
Lalithaa Jewellery Mart IPO Anchor Investors
The Lalithaa Jewellery Mart IPO anchor investor bidding is scheduled for August 14, 2026, ahead of the public issue opening. The final anchor investor list, number of equity shares allocated and total anchor allocation amount will be available after completion of the anchor bidding process.
Anchor investors are subject to applicable lock-in requirements. As per the provided structure, 50% of the anchor allocation will be subject to a 30-day lock-in period, while the remaining 50% will be subject to a 90-day lock-in period.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 14, 2026 |
| Anchor Investors List | To be Updated |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
Note: The anchor investor list, shares allocated, anchor issue size and exact lock-in expiry dates will be updated after the final anchor allocation details are announced.
Lalithaa Jewellery Mart IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 17 Aug 2026 |
| IPO Close Date | 19 Aug 2026 |
| Basis of Allotment | 20 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 24 Aug 2026 |
Note: The timeline for Lalithaa Jewellery Mart IPO is tentative and subject to change.
Lalithaa Jewellery Mart Promoters and Shareholding Pattern
The promoters of Lalithaa Jewellery Mart are M. Kiran Kumar Jain and Hemaa Kiran Kumar Jain. Prior to the IPO, the promoter and promoter group collectively hold 97.72% of the company's equity share capital, while other shareholders hold the remaining 2.28%.
The promoter and promoter group hold 48,85,74,576 equity shares before the IPO, while other shareholders hold 1,14,02,580 equity shares. The company's total number of equity shares is expected to increase from 49,99,77,156 shares before the IPO to 55,97,09,811 shares after completion of the issue.
Promoters of Lalithaa Jewellery Mart
- M. Kiran Kumar Jain
- Hemaa Kiran Kumar Jain
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 48,85,74,576 | 97.72% | – | -% |
| Others* | 1,14,02,580 | 2.28% | – | -% |
| Total | 49,99,77,156 | 100% | 55,97,09,811 | 100% |
Note: The above table presents the available pre-IPO and post-IPO shareholding information for Lalithaa Jewellery Mart. The exact post-IPO promoter and public shareholding percentages can be updated once the complete post-issue shareholding pattern is available.
Lalithaa Jewellery Mart Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Lalithaa Jewellery About Mart
Lalithaa Jewellery Mart, founded in November 1985, is a growing jewellery retail company with a strong presence across Tier II and Tier III cities in South India. Its product portfolio includes a wide range of gold, silver, diamond, precious, and semi-precious jewellery.
Its collection offers a wide range of jewellery across various categories, including chains, Rings, Bangles, Necklaces, haaram, Drops, sacred idols, pendants, and coins, across kids, men, and teenagers, perfect for every occasion. The firm operates its business via 2 manufacturing facilities in Thirumudivakkam, Chennai, and Maraimalainagar, Kanchipuram, covering an area of 43,681.96 sq. ft. and 20,000.00 sq. ft. As of April 2026, Lalithaa Jewellery operates 63 showrooms across Andhra Pradesh, Karnataka, Tamil Nadu, Telangana, Puducherry, and Chennai.
Lalithaa Jewellery Mart Company Financial Report
To Be Updated Soon
Lalithaa Jewellery Mart Company Valuation & Key Performance Indicators
To Be Updated Soon
Lalithaa Jewellery Mart Peer Group Comparison
To Be Updated Soon
Lalithaa Jewellery Mart Lead Managers & Merchant Bankers
- Anand Rathi Advisors Ltd.
- Equirus Capital Ltd.
Lalithaa Jewellery Mart IPO FAQs
Lalithaa Jewellery Mart IPO opens for subscription on 16 August 2026 and closes on 18 August 2026.
The price band for Lalithaa Jewellery Mart IPO is set at ₹190.00 to ₹201.00 per share.
The minimum market lot size is 74 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 74 Shares (₹14,874).
The latest Grey Market Premium (GMP) for Lalithaa Jewellery Mart IPO is ₹70. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Lalithaa Jewellery Mart IPO is tentatively scheduled for 19 August 2026, and shares are expected to list on the stock exchanges on 23 August 2026.
The registrar details will be confirmed in the official prospectus.
Lalithaa Jewellery Mart IPO Analysis & Articles