Lalithaa Jewellery Mart
OPENIPO Date: 17 Aug - 19 Aug 2026
Listing Date: 24 Aug 2026
Price Range
₹190 to ₹201
Issue Size
1700 Cr
Min Investment
₹14,060
Lot Size
74 Shares
Schedule of Lalithaa Jewellery Mart
Issue open date
17 Aug 2026
Issue close date
19 Aug 2026
UPI mandate deadline
19 Aug 2026 (5 PM)
Allotment finalization
20 Aug 2026
Share credit
21 Aug 2026
Listing date
24 Aug 2026
Mandate end date
3 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 1700 Cr |
| Fresh Issue | 5.97 Cr |
| Offer for Sale | 2.49 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 20 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 17 Aug 2026 | ₹201 | ₹35 | ₹236 (17.41%) |
| 16 Aug 2026 | ₹201 | ₹30 | ₹231 (14.68%) |
| 15 Aug 2026 | ₹201 | ₹26 | ₹227 (12.94%) |
| 14 Aug 2026 | ₹201 | ₹24 | ₹225 (11.94%) |
| 13 Aug 2026 | ₹201 | ₹38 | ₹239 (18.91%) |
| 12 Aug 2026 | ₹201 | ₹41 | ₹242 (20.4%) |
| 11 Aug 2026 | ₹201 | ₹17 | ₹218 (8.46%) |
| 10 Aug 2026 | ₹201 | ₹0 | ₹201 (0%) |
Performance Lalithaa Jewellery Mart
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹190 to ₹201 | .... | .... | .... |
About Lalithaa Jewellery Mart
Lalithaa Jewellery Mart Limited is a Chennai-based jewellery retailer engaged in the manufacturing, wholesaling and retailing of gold, diamond-studded, platinum and silver jewellery. The company primarily serves value-conscious, mass-market customers across Tier I, II and III cities, with a strong presence in South India. Its retail model includes customer purchase schemes under which customers make advance/lump-sum or instalment payments and receive benefits such as waivers on wastage charges. The company has a long operating history dating back to 1985 and converted from a private limited company into a public limited company in January 2024.
| Founded in | 1985 |
| Managing director | Moolchand Kiran Kumar Jain |
| Parent organization |
Financial Overview
Strengths
- Established brand and long operating history: More than four decades of operations provide brand recognition and experience in the jewellery retail market.
- Strong South India presence: Focus on mass-market consumers across Tier I–III cities gives the company access to a broad customer base.
- Diversified product portfolio: Gold, diamond, platinum and silver jewellery allow the company to serve different customer preferences and price points.
- Customer purchase schemes: Advance-payment and instalment schemes can support customer retention, recurring purchases and advance cash flows.
Risks
- Gold-price volatility: Sharp movements in gold and other precious-metal prices can affect inventory values, customer demand and margins.
- High working-capital requirements: Jewellery retail requires substantial inventory investment, increasing financing and liquidity requirements.
- Intense competition: The company competes with large organised jewellery chains as well as regional and local jewellers.
- Regional concentration: A significant dependence on South Indian markets exposes the company to regional economic conditions and limits geographical diversification.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | 0.51 |
| Retail Individual Investors (RIIs) | 0.68 |
| Employee | 1.46 |
| Total | 0.46 |