Lalithaa Jewellery Mart IPO
ListedMainboardOpens 17 August 2026Closes 19 August 2026
Lalithaa Jewellery Mart Limited (incorporated in 1985 as Lalitha Jewellery Mart Private Limited) is a prominent South Indian jewellery retailer offering a wide array of gold, silver, and diamond jewellery under the…
Lalithaa Jewellery Mart Limited (incorporated in 1985 as Lalitha Jewellery Mart Private Limited) is a prominent South Indian jewellery retailer offering a wide array of gold, silver, and diamond jewellery under the brand name 'Lalithaa'. As of March 31, 2026, the company operates 61 stores across 51 cities in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Puducherry, with a strong focus on Tier II and Tier III markets. It also operates two manufacturing facilities in Tamil Nadu (Thirumudivakkam and Maraimalai) and offers customer-centric savings schemes like 'Dhana Vandhanam' and 'Free-yo-Flexi'.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
17 Aug
IPO Closes
19 Aug
Allotment
20 Aug
Listing
24 Aug
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 17 August 2026 |
| IPO Close Date | 19 August 2026 |
| Allotment Date | 20 August 2026 |
| Listing Date | 24 August 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,874 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,93,362 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,08,236 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,96,558 |
BHNIAbove ₹10,00,000 | 68 | ₹10,11,432 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50.00% |
| NII (Non-Institutional Investor) | 15.00% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.00% |
| Retail | 35.00% |
| Total | 100.00% |
IPO Objectives
- Funding expenditure towards setting-up of 10 New Stores: 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: Expenditure towards inventory costs for setting up of New Stores (₹998.68 Cr).
- General Corporate Purposes.
Strengths
- Second fastest-growing regional jewellery retailer in South India by operating revenue growth from Fiscal 2022 to 2024.
- Significant footprint across Tier II and Tier III cities in Southern India.
- Large-format and medium-format retail stores driving high sales volume and customer throughput.
- Established customer loyalty with over 4.7 lakh active subscribers across proprietary jewellery purchase schemes.
Weaknesses
- High geographic concentration, with 100% of retail stores located in Southern India.
- Significant dependence on gold jewellery, which accounts for over 92% of total revenue from operations.
- Past negative cash flows from operating activities due to working capital expansion and inventory buildup.
- Heavy reliance on non-owned (leased) retail properties for 58 of its 61 stores.
Financial Performance
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets (₹ Cr.) | 10,945.14 | 6,929.68 | 5,182.26 |
| Revenue (₹ Cr.) | 25,039.8 | 16,907.88 | 16,800.62 |
| PAT (₹ Cr.) | 1,009.82 | 364.73 | 359.83 |
| Net Worth (₹ Cr.) | 3,033.14 | 2,028.8 | 1,667.78 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Lalithaa Jewellery Mart | 3.43 | 9.95 | 39.9% | 3,033.14 |
| Tribhovandas Bhimji Zaveri | 1.89 | 7.39 | 24.14% | 98.49 |
| Titan Company | 28.87 | 78.7 | 32.31% | 176.44 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.71x | 1.08x | 153.8x |
| NII | 0.65x | 6.84x | 78.17x |
| S-HNI | 0.78x | 6.43x | 53.58x |
| B-HNI | 0.59x | 7.04x | 90.47x |
| RII | 0.81x | 2.96x | 12.51x |
| EMP | 1.63x | 3.29x | 9.1x |
| Total | 0.75x | 3.25x | 66.63x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 1,68,55,722 | 2,59,24,36,894 | 52,107.98 |
| NII | 1,26,41,791 | 98,82,21,086 | 19,863.24 |
| Small NII | 42,13,930 | 22,57,94,350 | 4,538.47 |
| Big NII | 84,27,861 | 76,24,26,736 | 15,324.78 |
| RII | 2,94,97,512 | 36,88,76,532 | 7,414.42 |
| EMP | 3,29,670 | 30,00,700 | 60.31 |
| Total | 5,93,24,695 | 3,95,25,35,212 | 79,445.96 |
Company Details
- Lalithaa Jewellery Mart Limited
- 123, Usman Road, T. Nagar, Chennai - 600017, Tamil Nadu, India
- +044 2834 9860
- cosec@lalithaajewellery.com
- https://www.lalithaajewellery.com/
Registrar Details
- MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
- +91 810 811 4949
- lalithaajewellery.ipo@in.mpms.mufg.com
- https://www.in.mpms.mufg.com/
Frequently Asked Questions
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Sources
We match Lalithaa Jewellery Mart IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)Official site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.