Lalithaa Jewellery Mart Limited logo

IPO details · Updated

Lalithaa Jewellery Mart Limited

ClosedMainboardNSE: LALITHAABSE: 544879
Check Allotment
Price Band
₹190 – ₹201
Lot Size
74 shares
Min. Investment
₹14,874
Issue Size
₹1,700 Cr
Offer Dates
17 Aug – 19 Aug 2026
Listing
24 Aug 2026

Issue Details

Full details →
Total Issue Size
₹1,700 Cr
8,46,08,276 shares
Fresh Issue
₹1,200.18 Cr
5,97,32,655 shares
Offer for Sale
₹499.82 Cr
2,48,75,621 shares
Face Value
₹5 per share
Issue Type
Book-built IPO
Listing At
BSE, NSE
Shares Pre-Issue
49,99,77,156
Shares Post-Issue
55,97,09,811

IPO Timeline

  1. Offer opens

    17 Aug 2026

  2. Offer closes

    19 Aug 2026

  3. Allotment

    20 Aug 2026

  4. Listing

    24 Aug 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor29.9%2,52,83,581 shares
  • QIB19.9%1,68,55,721 shares
  • HNI14.9%1,26,41,791 shares
  • Retail34.9%2,94,97,513 shares
  • Employee0.4%3,29,670 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB1,68,55,7212,59,24,36,894
153.80x
NII1,26,41,79198,82,70,222
78.17x
Retail2,94,97,51336,85,09,566
12.49x
Employee3,29,67030,00,922
9.10x
Total5,93,24,6953,95,22,17,604
66.62x

Lot Size & Investment

1 lot = 74 shares

Retail (min)

1 lot · 74 shares

Retail (max)

13 lots · 962 shares

S-HNI (min)

14 lots · 1,036 shares

ApplicationLotsSharesAmount
Retail174₹14,874
Small HNI (S-HNI)141,036₹2,08,236
Big HNI (B-HNI)685,032₹10,11,432

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets10,945.146,929.685,182.26
Total Income25,039.816,907.8816,800.62
Profit After Tax1,009.82364.73359.83
Net Worth3,033.142,028.81,667.78
Reserves & Surplus2,679.741,675.391,552.46
Total Borrowing1,604.14949.26824.18

Key Performance Indicators

Key performance indicators
PeriodMar-26
RoNW (%)39.9
EPS (₹)20.2
P/E (pre-issue)9.95
P/E (post-issue)11.14

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Lalitha Jewellery Mart Limited39.9%
Kalyan Jewellers India Limited46.8524.63%
Manoj Vaibhav Gems N Jewellers Limited7.1214.82%
PC Jeweller Limited9.2610.32%
P N Gadgil Jewellers Limited22.1823.21%
Senco Gold Limited11.526.07%
Thangamayil Jewellery Limited46.2627.93%
Titan Company Limited85.2536.48%
Tribhovandas Bhimji Zaveri Limited9.1427.06%

About Lalithaa Jewellery Mart Limited

Incorporated in November 1985, Lalithaa Jewellery Mart Limited is a jewellery retail company with a strong regional presence across South India, catering primarily to the mass and value-conscious customer segment. The Company offers a diverse range of gold, silver, diamond, precious and semi-precious jewellery, with a focus on quality, craftsmanship and original designs. The Company has established strong brand acceptance in Tier II and Tier III cities across southern India. The Company operates through Large Format Stores and Medium Format Stores, which support its retail expansion and scale. It follows an asset-light retail business model with backward integration, supported by efficient inventory management and quality control processes. The Company also offers a diverse range of jewellery schemes, contributing to its robust customer base. Lalithaa Jewellery Mart serves customers through its retail network, offering jewellery products across various categories and designs. The Company focuses on catering to the preferences of mass and value-conscious consumers while strengthening its presence in high-growth South Indian markets. As of March 31, 2026, the Company had 7,059 employees across senior management, managerial, sales, security, administration, back-office and other functions. Key Strengths Strong regional presence with deep penetration in high-growth South Indian markets. Brand catering to the mass and value-conscious segment with own manufacturing. Strong brand pull in Tier II and Tier III cities with focus on quality, craftsmanship and original designs. Large Format Stores and Medium Format Stores driving scale. Robust customer base owing to diverse range of jewellery schemes. Asset-light retail business model with backward integration, efficient inventory management and quality control processes. Experienced promoter and management team with proven execution capabilities

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 (₹84.58 Cr)
  • Issue Expenses (₹116.48 Cr)

Promoters

  • <p>M.Kiran Kumar Jain
  • Hemaa Kiran Kumar Jain</p>

Company Information

Book running lead managers
  • Anand Rathi Advisors Ltd.
  • Equirus Capital Ltd.
Registered office
123, Usman Road,, T. Nagar,, Chennai, Chennai, Tamil Nadu, 600017

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.