Lalithaa Jewellery Mart IPO: dates, price band, lot size and GMP
Lalithaa Jewellery Mart IPO listed on 24 Aug at ₹265 (NSE, BSE). Issue dates 17 – 19 Aug 2026, price band ₹201, lot 74 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Lalithaa Jewellery Mart listed on 24 Aug 2026 on NSE, BSE at ₹265, +₹64 (+31.8%) against the ₹201 upper band. Lalithaa Jewellery Mart IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Lalithaa Jewellery Mart IPO has a price band of ₹201, a lot of 74 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 17 – 19 Aug 2026 |
| Price band | ₹201 |
| Lot size | 74 shares |
| Issue size | ₹1,700.00 Cr |
| Fresh issue | ₹1,200 Cr |
| Offer for sale | ₹500 Cr |
| Subscription | 66.63x |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead managers | Anand Rathi Advisors Ltd., Equirus Capital Ltd. |
| Status | Listed |
Timeline
- Issue opens: 17 Aug
- Issue closes: 19 Aug
- Allotment: 20 Aug
- Refunds: 21 Aug
- Demat credit: 21 Aug
- Listing: 24 Aug
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 153.8x |
| NII | 78.17x |
| sNII | 53.59x |
| bNII | 90.47x |
| Retail | 12.51x |
| Total | 66.63x |
Last updated 19 Aug 2026, 6:54 PM IST.
Issue details
| Face value | ₹5 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Market cap at the upper band | ₹11,250 Cr |
| P/E (pre-issue) | 9.95x |
| P/E (post-issue) | 11.14x |
| Fresh issue (shares) | 5,97,32,655 |
| Offer for sale (shares) | 2,48,75,621 |
| Total shares offered | 8,46,08,276 |
| Promoter holding pre-issue | 97.72% |
| Promoter holding post-issue | 82.85% |
| Promoters | M.Kiran Kumar Jain, Hemaa Kiran Kumar Jain |
| Lead managers | Anand Rathi Advisors Ltd., Equirus Capital Ltd. |
| Registrar phone | 022-49186000 |
| Registrar email | lalithaajewellery.ipo@linkintime.co.in |
| Company website | lalithaajewellery.com |
| Anchor bid date | 14 Aug 2026 |
| Anchor lock-in ends (50%) | 19 Sep 2026 |
| Anchor lock-in ends (remaining) | 18 Nov 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 74 | ₹14,874 |
| Retail (maximum) | 14 | 1,036 | ₹2,08,236 |
| sNII (minimum) | 14 | 1,036 | ₹2,08,236 |
| bNII (minimum) | 68 | 5,032 | ₹10,11,432 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 29.9% | 2,52,83,581 | |
| QIB | 19.9% | 1,68,55,722 | Not more than 50% of the offer |
| NII (HNI) | 14.9% | 1,26,41,791 | Not less than 15% of the offer |
| sNII | 5% | 42,13,930 | |
| bNII | 10% | 84,27,861 | |
| Retail | 34.9% | 2,94,97,512 | Not less than 35% of the offer |
| Employee | 0.4% | 3,29,670 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 17 Aug | 0.71x | 0.65x | 0.78x | 0.59x | 0.81x | 0.75x |
| Day 2 · 18 Aug | 1.08x | 6.84x | 6.43x | 7.04x | 2.96x | 3.25x |
| Day 3 · 19 Aug | 153.80x | 78.17x | 53.59x | 90.47x | 12.51x | 66.63x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹20.2 |
|---|---|
| EPS (post-issue) | ₹18.04 |
| P/E (pre-issue) | 9.95x |
| P/E (post-issue) | 11.14x |
| RoNW | 39.9% |
| RoCE | 42.6% |
| RoE | 41.6% |
| PAT margin | 4.04% |
| Price / book | 3.43x |
| NAV per share | ₹58.6 |
| Debt / equity | 0.53 |
| Market cap (upper band) | ₹11,250 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 10,945.14 | 6,929.68 | 5,182.26 | +57.9% |
| Total Income | 25,039.8 | 16,907.88 | 16,800.62 | +48.1% |
| Profit After Tax | 1,009.82 | 364.73 | 359.83 | +176.9% |
| NET Worth | 3,033.14 | 2,028.8 | 1,667.78 | +49.5% |
| Reserves and Surplus | 2,679.74 | 1,675.39 | 1,552.46 | +59.9% |
| Total Borrowing | 1,604.14 | 949.26 | 824.18 | +69% |
About Lalithaa Jewellery Mart
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.
Objects of the issue
- 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 software — ₹34.55 Cr
- Funding expenditure towards setting-up of 10 New Stores: (b) Expenditure towards inventory costs for setting up of New Stores — ₹998.68 Cr
- General corporate purposes
Net proceeds: ₹1,033.23 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|---|
| Lalitha Jewellery Mart Limited | 20.2 | 20.2 | 58.6 | — | 39.9% | Consolidated |
| Kalyan Jewellers India Limited | 13.08 | 13.05 | 61.09 | 46.85x | 24.63% | Consolidated |
| Manoj Vaibhav Gems N Jewellers Limited | 23.54 | 23.54 | 170.6 | 7.12x | 14.82% | Standalone |
| PC Jeweller Limited | 1 | 0.83 | 9.45 | 9.26x | 10.32% | Consolidated |
| P N Gadgil Jewellers Limited | 30.2 | 30.2 | 144.63 | 22.18x | 23.21% | Consolidated |
| Senco Gold Limited | 35.08 | 35.06 | 153.45 | 11.5x | 26.07% | Consolidated |
| Thangamayil Jewellery Limited | 113.14 | 113.14 | 455.6 | 46.26x | 27.93% | Standalone |
| Titan Company Limited | 57.19 | 57.16 | 179.75 | 85.25x | 36.48% | Consolidated |
| Tribhovandas Bhimji Zaveri Limited | 30.32 | 30.32 | 125.6 | 9.14x | 27.06% | Consolidated |
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…
Offer documents: DRHP (PDF) · RHP (PDF)
Frequently asked questions
When does the Lalithaa Jewellery Mart IPO open and close?
The issue is scheduled for 17 – 19 Aug 2026.
What is the Lalithaa Jewellery Mart IPO price band?
The price band is ₹201 per share with a lot size of 74 shares.
How big is the Lalithaa Jewellery Mart IPO?
The total issue size is ₹1,700.00 Cr, of which ₹1,200 Cr is a fresh issue and ₹500 Cr an offer for sale.
When will Lalithaa Jewellery Mart list?
The tentative listing date is 24 Aug on the main board.
How do I apply for the Lalithaa Jewellery Mart IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Lalithaa Jewellery Mart · as filed with SEBI · sebi.gov.in
- Red herring prospectus (RHP), Lalithaa Jewellery Mart · as filed · sebi.gov.in
- Registrar allotment page, MUFG Intime India Pvt.Ltd. · allotment 20 Aug · in.mpms.mufg.com
- NSE public issues page · listing 24 Aug · nseindia.com
- BSE public issues page · listing 24 Aug · bseindia.com
- Lalithaa Jewellery Mart company website · lalithaajewellery.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 24 Aug, 04:03 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Lalithaa Jewellery Mart IPO”, https://buyunlistedshares.com/ipo/lalithaa-jewellery-mart-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Our notes on this IPO
- Read our note: Lalithaa Jewellery Mart IPO 2026: Price Band, Dates, Lot Size & Key Details
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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