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LALITHAA JEWELLERY MART IPO

ALREADY DEPARTEDNSE, BSE · MAINBOARD · GEMS, JEWELLERY AND WATCHES
INDICATIVE FARE / PRICE BAND
₹201
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 31 AUG 2026, 16:31 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹201
LOT SIZE
74 SHARES
ISSUE SIZE
₹1700.00 CR
MIN INVESTMENT
₹14,874 · 74 SHARES
P/E RATIO
9.95
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
17 AUG 26
✓ STOP CLEARED
CLOSES
19 AUG 26
✓ STOP CLEARED
ALLOTMENT
20 AUG 26
✓ STOP CLEARED
LISTING
24 AUG 26
✓ STOP CLEARED
ANCHOR BIDDING14 AUG 26REFUNDS INITIATED21 AUG 26SHARES IN DEMAT21 AUG 26ANCHOR LOCK-IN ENDS · 30 DAY19 SEPT 26ANCHOR LOCK-IN ENDS · 90 DAY18 NOV 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
END OF THE LINE · LISTING DAY

WHERE IT LANDED.

LISTING PRICE
₹265
DAY-1 LISTING GAIN
+31.84%
THE BOOKING SHEET · SUBSCRIPTION

HOW FULL THE BUS GOT.

OVERALL SUBSCRIPTION66.63×
QIB153.8×
NII78.17×
SMALL HNI53.59×
BIG HNI90.47×
RETAIL12.51×
THE CENTRE TICK = 1× · BUS FULL · SUBSCRIPTION FIGURES AS REPORTED BY THE EXCHANGES · TIMES THE ISSUE · INFORMATION ONLY
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
RETAIL · MINIMUM · AS PUBLISHED174₹14,874
RETAIL · MAXIMUM · COMPUTED13962₹1,93,362
SMALL HNI · MINIMUM · AS PUBLISHED141,036₹2,08,236
SMALL HNI · MAXIMUM · COMPUTED674,958₹9,96,558
BIG HNI · MINIMUM · AS PUBLISHED685,032₹10,11,432
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹201 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹5
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹1,200 CR
5,97,32,655 SHARES
OFFER FOR SALE
₹500 CR
2,48,75,621 SHARES
TOTAL SHARES OFFERED
8,46,08,276

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
20.2
EPS · POST-ISSUE
18.04
P/E RATIO
9.95
P/E · POST-ISSUE
11.14
RONW
39.9%
ROCE
42.6%
ROE
41.6%
PAT MARGIN
4.04%
PRICE / BOOK
3.43
NAV PER SHARE
₹58.6
DEBT / EQUITY
0.53
MARKET CAP
₹11,250.17 CR
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS5,182.266,929.6810,945.14
TOTAL INCOME16,800.6216,907.8825,039.8
PROFIT AFTER TAX359.83364.731,009.82
NET WORTH1,667.782,028.83,033.14
RESERVES AND SURPLUS1,552.461,675.392,679.74
TOTAL BORROWING824.18949.261,604.14
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)EPS (DILUTED)NAV (₹ PER SHARE)P/E (X)RONW (%)FINANCIAL STATEMENTS
Lalitha Jewellery Mart Limited20.220.258.639.9Consolidated
Kalyan Jewellers India Limited13.0813.0561.0946.8524.63Consolidated
Manoj Vaibhav Gems N Jewellers Limited23.5423.54170.67.1214.82Standalone
PC Jeweller Limited10.839.459.2610.32Consolidated
P N Gadgil Jewellers Limited30.230.2144.6322.1823.21Consolidated
Senco Gold Limited35.0835.06153.4511.526.07Consolidated
Thangamayil Jewellery Limited113.14113.14455.646.2627.93Standalone
Titan Company Limited57.1957.16179.7585.2536.48Consolidated
Tribhovandas Bhimji Zaveri Limited30.3230.32125.69.1427.06Consolidated
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

Source: All the financial information for listed industry peer mentioned above is on a consolidated basis (except Manoj Vaibhav Gems N Jewellers Limited and Thangamayil Jewellery Limited which is on standalone) and is sourced from the filings made with stock exchanges available on www.bseindia.com for the Financial Year ending March 31, 2026 Note: P/E figures for the peer are computed based on closing market price as on July 31, 2026 on www.bseindia.com, divided by Basic EPS based on the financial results declared by the peers available on website of www.bseindia.com for the Financial Year ending March 31, 2026. Return on Net Worth (%) = Net profit after tax, as restated / Average Net worth as restated as at year end. Net worth means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation. Net asset value per share = Equity attributable to owners of the company divided by weighted average number of shares considered for computing EPS

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
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 software34.55
Funding expenditure towards setting-up of 10 New Stores: (b) Expenditure towards inventory costs for setting up of New Stores998.68
General corporate purposes
INR CR 1,033.23 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

ANCHOR INVESTOR
2,52,83,581
SHARES
QIB
1,68,55,722
Not more than 50% of the offer
NII (HNI)
1,26,41,791
Not less than 15% of the offer
SNII
42,13,930
SHARES
BNII
84,27,861
SHARES
RETAIL
2,94,97,512
Not less than 35% of the offer
EMPLOYEE
3,29,670
SHARES
8,46,08,276 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Lalitha Jewellery Mart Limited is a prominent jewellery retail chain in South India, operating under the well-recognized "Lalithaa" brand. The company offers a wide selection of gold, silver, and diamond jewellery, catering to a broad customer base across multiple price segments and occasions. Gold jewellery forms the core of its business, with products such as rings, earrings, pendants, necklaces, chains, bangles, bracelets, and other traditional and contemporary designs. During Fiscal 2024, gold jewellery contributed approximately 93.96% of the company's total revenue. The company has established a strong retail footprint across the southern states of Tamil Nadu, Telangana, Karnataka, and the Union Territory of Puducherry. As of December 31, 2024, it operated 56 stores across 46 cities , with each showroom spanning more than 5,000 square feet. A significant portion of its network is concentrated in Tier II and Tier III cities, enabling the company to capitalize on growing demand in emerging markets. To support its retail operations, Lalitha Jewellery Mart operates two manufacturing facilities located at Thirumudivakkam in Chennai and Maraimalai in Kanchipuram. These facilities collectively provide substantial production capacity for meeting customer demand and maintaining quality standards. The company also promotes customer engagement through dedicated jewellery savings schemes. Its popular plans include "Dhana Vandhanam" , which allows monthly investments ranging from ₹1,000 to ₹10,000, and "Free-yo-Flexi" , offering investment options between ₹1,000 and ₹25,000 per month. As of December 31, 2024, these schemes had over 420,261 active participants . Key Competitive Advantages One of the fastest-growing regional jewellery retailers in India, supported by strong operating revenue growth between Fiscal 2022 and Fiscal 2024. Extensive presence across Tier II and Tier III markets in South India, providing access to high-growth customer segments. Network of large and medium-format stores designed to enhance customer experience and drive sales growth. Strong customer loyalty supported by a wide range of jewellery savings and investment schemes. Led by an experienced promoter group and management team with deep expertise in the jewellery retail industry.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
M.Kiran Kumar Jain, Hemaa Kiran Kumar Jain
HOLDING PRE-ISSUE
97.72%
HOLDING POST-ISSUE
82.85%
BOOK-RUNNING LEAD MANAGERS
2 APPOINTED
Anand Rathi Advisors Ltd., Equirus Capital Ltd.
REGISTRAR TO THE ISSUE
NAME
MUFG Intime India Pvt.Ltd.
PHONE
022-49186000
THE COMPANY
PHONE
+044 2834 9869
REGISTERED OFFICE
123, Usman Road, T. Nagar, Chennai, Chennai, Tamil Nadu, 600017
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Lalithaa Jewellery Mart IPO price band?+

The indicative price band is ₹201 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Lalithaa Jewellery Mart IPO?+

One lot is 74 shares. At the upper band of ₹201, one lot works out to ₹14,874.

How many lots can a retail investor apply for in the Lalithaa Jewellery Mart IPO?+

A retail application runs from 1 lot (74 shares, ₹14,874) up to 13 lots (962 shares, ₹1,93,362) — the most that fits under SEBI's ₹2 lakh retail ceiling.

What is the minimum HNI application in the Lalithaa Jewellery Mart IPO?+

A small-HNI (sHNI) application starts at 14 lots — 1,036 shares, ₹2,08,236. A big-HNI (bHNI) application starts at 68 lots — 5,032 shares, ₹10,11,432, above the ₹10 lakh boundary.

When does the Lalithaa Jewellery Mart IPO open and close?+

The issue opened on 17 Aug 2026 and closed on 19 Aug 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Lalithaa Jewellery Mart IPO allotment?+

Allotment is scheduled for 20 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When did Lalithaa Jewellery Mart list?+

Listing took place on 24 Aug 2026 on NSE, BSE.

Where will Lalithaa Jewellery Mart be listed?+

Lalithaa Jewellery Mart is listed on NSE, BSE. It is a mainboard issue.

How large is the Lalithaa Jewellery Mart IPO?+

The issue size is ₹1700.00 Cr — a fresh issue of ₹1,200 cr and an offer for sale of ₹500 cr. Figures are indicative and subject to the RHP.

What is the difference between the fresh issue and the offer for sale in the Lalithaa Jewellery Mart IPO?+

Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.

How was the Lalithaa Jewellery Mart IPO subscribed?+

The issue was subscribed 66.63× overall. By category: qib 153.8×, nii 78.17×, small hni 53.59×, big hni 90.47×, retail 12.51×. Subscription figures are as reported by the exchanges.

At what price did Lalithaa Jewellery Mart list?+

Lalithaa Jewellery Mart listed at ₹265, +31.84% against the issue price.

Who is the registrar for the Lalithaa Jewellery Mart IPO?+

The registrar to the issue is MUFG Intime India Pvt.Ltd. (022-49186000), lalithaajewellery.ipo@linkintime.co.in.

Where can I check the Lalithaa Jewellery Mart IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

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PRE-IPO STOCK ONLY · WE DO NOT ACCEPT IPO APPLICATIONS
Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —