Lalithaa Jewellery Mart IPO Details
Lalithaa Jewellery Mart IPO Summary
Lalithaa Jewellery Mart IPO opens for subscription on 17 Aug 2026 and closes on 19 Aug 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 24 Aug 2026.
Lalithaa Jewellery Mart IPO price band has been fixed at ₹190 – ₹201 per share. The face value is ₹5 per share with a lot size of 74.
Lalithaa Jewellery Mart IPO total issue size comprises 8,46,08,276 shares (aggregating up to ₹1700.63 Cr). This includes a fresh issue of 5,97,32,655 shares (aggregating up to ₹1200.63 Cr). Offer for Sale consists of 2,48,75,621 shares (aggregating up to ₹500.00 Cr). Pre-issue shareholding stands at 49,99,77,156, which will increase to 55,97,09,811 post-issue.
Lalithaa Jewellery Mart IPO carries a ₹74 (36.82%) GMP, reflecting investor sentiment.
Lalithaa Jewellery Mart IPO Lot Size :Retail Minimum is 1 lot (74 shares) amounting to ₹14,874. Retail Maximum is 13 lots (962 shares) amounting to ₹1,93,362. SHNI Minimum is 14 lots (1,036 shares) amounting to ₹2,08,236. SHNI Maximum is 67 lots (4,958 shares) amounting to ₹9,96,558. BHNI Minimum is 68 lots (5,032 shares) amounting to ₹10,11,432.
Lalithaa Jewellery Mart IPO Details
Lalithaa Jewellery Mart IPO Subscription
Lalithaa Jewellery Mart IPO Application Wise Breakup (Approx)
Lalithaa Jewellery Mart IPO Dates
- 17 Aug 2026Opening dateOpen
- 19 Aug 2026Closing dateClose
- 20 Aug 2026Allotment Date Allotment
- 21 Aug 2026Initiation of RefundsRefund
- 21 Aug 2026Credit of SharesCredit
- 24 Aug 2026Listing dateListing
Lalithaa Jewellery Mart IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 74 | ₹14,874 |
| Retail Maximum | 13 | 962 | ₹1,93,362 |
| SHNI Minimum | 14 | 1036 | ₹2,08,236 |
| SHNI Maximum | 67 | 4958 | ₹9,96,558 |
| BHNI Minimum | 68 | 5032 | ₹10,11,432 |
Lalithaa Jewellery Mart IPO Reservation
Promoter Holding
Documents
Lalithaa Jewellery Mart IPO Valuations
Lalithaa Jewellery Mart Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 10,945.14 | 6,929.68 | 5,182.26 |
| Total Income | 25,039.80 | 16,907.88 | 16,800.62 |
| Profit After Tax | 1,009.82 | 364.73 | 359.83 |
| NET Worth | 3,033.14 | 2,028.80 | 1,667.78 |
| Reserves and Surplus | 2,679.74 | 1,675.39 | 1,552.46 |
| Total Borrowing | 1,604.14 | 949.26 | 824.18 |
| Amount in ₹ Crore | |||
About Lalithaa Jewellery Mart IPO
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.
Strength Of Lalithaa Jewellery Mart IPO
- Strong regional presence with deep penetration in high-growth South Indian markets evidenced by operating revenue growth between Fiscal 2024 to Fiscal 2026.
- Brand catering to the mass and value-conscious segment with own manufacturing.
- Brand pull in Tier II and Tier III cities in southern India 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 in place.
Risk Of Lalithaa Jewellery Mart IPO
- Our revenues have been significantly dependent on sale of gold jewellery, which accounted for 92.33%, 94.58% and 93.96% of our revenue from operations, for the Financial Years 2026, 2025 and 2024, respectively. Any factors adversely affecting the procurement of gold or our sales of gold jewellery may negatively impact our business, financial condition, results of operations and prospects.
- We have experienced negative cash flows from operating activities of Rs. 3,977.62 million and Rs. 180.02 million in Fiscal 2026 and in Fiscal 2024 respectively, due to lower customer enrolment towards the Company's jewellery schemes and increased settlement of trade payables and cannot assure you that we will not experience negative cash flows in future periods. Negative cash flows may adversely affect our financial condition, results of operations and prospects.
- We receive advances from our customers under various schemes introduced by us. The amounts received in the schemes amount to more than 10% of our revenue from operations for the respective financial periods. Inability to appropriate such advances received from customers under jewellery purchase schemes may adversely impact our revenues and results of operations and future profitability.
- Our Company had a total outstanding borrowings of Rs. 12,381.00 million as of June 30, 2026. Further, our financing agreements contain covenants that limit our flexibility in operating our business. Our inability to meet our obligations, including financial and other covenants under our debt financing arrangements could adversely affect our business, credit rating, results of operations and financial condition
- Our Company, Subsidiaries, Promoters, Directors, Key Managerial Personnel and Senior Management are involved in certain legal and regulatory proceedings. Any adverse decision in such proceedings may have an adverse effect on our business, financial condition, cash flows and results of operations
- If we are unable to protect our designs or continue to develop innovative, fashionable and popular designs, demand for our jewellery may decrease, adversely affecting our revenues and financial condition.
- We have entered into transactions with related parties including remuneration of our Directors, Promoters and our Key Managerial Personnel and payment of brand ambassador fees ? 502.76 million in Fiscal 2024 to our Promoter, M Kiran Kumar Jain. These or any future related party transactions may potentially involve conflict of interest and there can be no assurance that we could not have achieved better terms, had such arrangements been entered into with unrelated parties.
- We have contingent liabilities representing approximately 1.85% of our net worth as at March 31, 2026, and our financial condition could be adversely affected if any of these contingent liabilities materialise.
- Our Promoters, Subsidiaries, Directors and Key Managerial Personnel may enter into ventures in the same line of business that may lead to real or potential conflicts of interest with our business which in turn may materially adversely impact our business, financial condition, results of operations and cash flows.
- We are dependent on our top three suppliers of raw materials who have contributed 58.03%, 67.20% and 66.98% in Fiscals 2026, 2025 and 2024, respectively of our total cost of raw materials and the loss of any of these suppliers or interruptions in the supply of raw materials could adversely affect our business, results of operations and financial condition.
Objectives Lalithaa Jewellery Mart IPO
1. Funding expenditure towards setting-up of 12 New Stores
2. General corporate purposes
Company Contact Details
Lalithaa Jewellery Mart Limited
123, Usman Road,
T. Nagar,
Chennai
Chennai, Tamil Nadu
Phone: +044 2834 9869
Email: cosec@lalithaajewellery.com
Website: http://www.lalithaajewellery.com/
Registrar Contact Details
Lalithaa Jewellery Mart FAQs
The Lalithaa Jewellery Mart IPO is a MAINBOARD public issue comprising 84608276 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹1700.63 Cr. The issue price has been fixed at ₹201 per equity share, and the minimum application size is 74 shares.
The IPO opens for subscription on 17 Aug 2026, and closes on 19 Aug 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹74 (36.82%).
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