Lalithaa Jewellery Mart IPO Details
MAINBOARD
Lalithaa Jewellery Mart IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.
The Lead Managers for Lalithaa Jewellery Mart IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Anand Rathi Advisors Ltd, Equirus Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Lalithaa Jewellery Mart Limited DRHP.
Lalithaa Jewellery Mart IPO Details
Lalithaa Jewellery Mart IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Lalithaa Jewellery Mart IPO Reservation
Promoter Holding
Documents
Lalithaa Jewellery Mart IPO Valuations
Lalithaa Jewellery Mart Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6,355.59 | 5,182.26 | 4,242.42 | 3,211.43 |
| Revenue | 12,603.04 | 16,800.62 | 13,322.62 | 8,144.73 |
| Profit After Tax | 262.33 | 359.83 | 238.39 | 166.77 |
| Net Worth | 1,928.15 | 1,667.78 | 1,310.95 | 1,071.62 |
| Reserves and Surplus | 1,574.75 | 1,552.46 | 1,195.64 | 956.30 |
| Total Borrowing | 897.11 | 824.18 | 540.11 | 623.93 |
| Amount in ₹ Crore | ||||
About Lalithaa Jewellery Mart IPO
Lalitha Jewellery Mart is a South Indian jewellery retailer, offering a diverse range of jewellery products, including gold jewellery, silver jewellery, and diamond jewellery under the brand name, "Lalithaa". It primarily sells exquisite designs of gold jewellery products i.e., rings, earrings, pendants, necklaces, chains, bangles, bracelets, etc. In fiscal 2024, the company has received 93.96% of its revenues from gold jewellery.
It has a strong market presence in Tamil Nadu, Telangana, Karnataka, and the Union territory of Puducherry. As of December 31, 2024, the company has 56 stores in 46 cities with an aggregate area of each store of more than 5,000 sq. ft. Majority of these stores are strategically located in the southern regions in Tier II and III cities to focus on high-growth potential markets.
The company operates two manufacturing facilities in Thirumudivakkam, Chennai and Maraimalai, Kanchipuram, across an area of 43,681.96 sq. ft. and 20,000.00 sq. ft.
Additionally, it also offers various jewellery schemes such as "Dhana Vandhanam" for a monthly investment from ₹1000 to ₹ 10,000 and "Free-yo-Flexi’ with monthly investment of ₹1,000 to ₹25,000. As of Dec 31, 2024, it has 420,261 active customers under the schemes.
Competitive Strengths
- Second fastest growing regional jewellery player amongst key organised jewellery players in India, in terms of operating revenue growth from Fiscals 2022 to 2024
- Significant presence in Tier II and III cities in Southern India
- Large format stores and medium format stores to drive sales
- Robust customer base owing to a diverse range of jewellery schemes
- Experienced Promoter and management team
Strength Of Lalithaa Jewellery Mart IPO
Risk Of Lalithaa Jewellery Mart IPO
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
Lead Mangers
Lead Manager Reports
Lalithaa Jewellery Mart IPO - FAQs
The Lalithaa Jewellery Mart IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹1,700.00 Cr. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
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 TBA.