Lalithaa Jewellery Mart
Demand
Red-hot
subscribed 66.63x overall
Grey market
+37.3%
implied listing pop
History says
+36.3%
median at this premium · middle half +28% to +48% · n=60
Listed
+32.0%
day-1 close +23.6% vs issue
Latest GMP
₹75
grey-market premium
Implied pop
+37.3%
GMP over issue price
History says
+36.3%
median actual listing at this GMP (n=60)
Range of outcomes
middle half of 60 listings at this GMP
GMP trend
14 street quotes since 08/23
Final Subscription
Subscribed 66.63xoverall · last updated 2026-08-27 00:45 UTC
| Category | Shares reserved | 25-08 | 26-08 | 27-08 | |||
|---|---|---|---|---|---|---|---|
| Shares bid | Times | Shares bid | Times | Shares bid | Times | ||
| ∟QIB (Ex Anchor) | 1,68,55,722 | 2,59,24,36,894 | 153.80× | 2,59,24,36,894 | 153.80× | 2,59,24,36,894 | 153.80× |
| NII | 1,26,41,791 | 98,82,54,312 | 78.17× | 98,82,54,312 | 78.17× | 98,82,54,312 | 78.17× |
| ∟bNII (> ₹10L) | 84,27,861 | 76,24,26,736 | 90.47× | 76,24,26,736 | 90.47× | 76,24,26,736 | 90.47× |
| ∟sNII (< ₹10L) | 42,13,930 | 22,58,27,576 | 53.59× | 22,58,27,576 | 53.59× | 22,58,27,576 | 53.59× |
| Retail | 2,94,97,512 | 36,89,36,620 | 12.51× | 36,89,36,620 | 12.51× | 36,89,36,620 | 12.51× |
| Employee | 3,29,670 | 30,00,848 | 9.10× | 30,00,848 | 9.10× | 30,00,848 | 9.10× |
| Total | 5,93,24,695 | 3,95,26,28,674 | 66.63× | 3,95,26,28,674 | 66.63× | 3,95,26,28,674 | 66.63× |
Allotment odds (1 lot lottery once oversubscribed) — Retail: ≈ 1 in 13 applicants · Small NII: ≈ 1 in 54 applicants · Big NII: ≈ 1 in 91 applicants
Allotment Probability
Retail · subscribed 12.51x
8%
Small HNI (sNII) · subscribed 53.59x
2%
Big HNI (bNII) · subscribed 90.47x
1%
Chance of winning at least one lot per application, from the shares reserved for the category vs current demand. QIB allots pro-rata, not by lottery. Demand can spike on the final day.
📋Issue Details
| Offer Type | Bookbuilding IPO |
| Sale Type | Fresh capital cum OFS |
| Listing At | BSE, NSE |
| Face Value | ₹ 5 per share |
| Price Band | ₹190 to ₹201 |
| Lot Size | 74 shares |
| Total Issue Size | 8,46,08,276 shares (agg. up to ₹ 1,700 Cr) |
| Fresh Issue | 5,97,32,655 shares (agg. up to ₹ 1,200 Cr) |
| Offer for Sale | 2,48,75,621 shares of ₹ 5 (agg. up to ₹ 500 Cr) |
| Scrip / Symbol | 544879 / LALITHAA |
| ISIN | INE0K9O01026 |
🗓️IPO Schedule
Open
Mon, Aug 17, 2026
Close
Wed, Aug 19, 2026
Allotment
Thu, Aug 20, 2026
Refunds
Fri, Aug 21, 2026
Demat credit
Fri, Aug 21, 2026
Listing
Mon, Aug 24, 2026
🏛️Pre & Post Issue Capital
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 97.72% | 82.85% |
| Public | 2.28% | 17.15% |
| Total | 100% | 100% |
💰Valuation & Market Cap
| EPS(₹) (pre → post) | 20.20 → 18.04 |
| P/E (x) (pre → post) | 9.95 → 11.14 |
| Market Cap at Offer Price | ₹13,905.43 Cr |
📊Company Financials ₹ crore
| Metric | 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 |
🎯Key Performance Indicators
| ROE | 41.60% |
| ROCE | 42.60% |
| Debt/Equity | 0.53 |
| RoNW | 39.90% |
| PAT Margin | 4.04% |
| NAV | 58.60 |
| Price to Book Value | 3.43 |
🤝Recently Listed PeersGems, Jewellery And Watches
| Company | Issue price | P/E | Listing-day close |
|---|---|---|---|
| Advit Jewels Ltd. | ₹138 | 18.41 | ₹179.46 |
| PNGS Reva Diamond Jewellery Ltd. | ₹386 | 10.96 | ₹411.70 |
| Shringar House of Mangalsutra Ltd. | ₹165 | 19.47 | ₹184.88 |
| SMR Jewels Ltd. | ₹128 | 18.01 | ₹103.05 |
| Yaashvi Jewellers Ltd. | ₹83 | 5.6 | ₹87.05 |
| Grover Jewells Ltd. | ₹88 | 12.31 | ₹100.80 |
| Luxury Time Ltd. | ₹82 | 12.57 | ₹163.59 |
Lot Size — what an application costs
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 74 | ₹14,874 |
| Retail (Max) | 13 | 962 | ₹1,93,362 |
| S-HNI (Min) | 14 | 1,036 | ₹2,08,236 |
| S-HNI (Max) | 67 | 4,958 | ₹9,96,558 |
| B-HNI (Min) | 68 | 5,032 | ₹10,11,432 |
Issue Reservation
| Category | Shares | % of issue | Max allottees |
|---|---|---|---|
| QIB | 4,21,39,302 | 50.00% | 49.81% |
| − Anchor Investor | 2,52,83,581 | 29.88% | |
| − QIB (Ex. Anchor) | 1,68,55,721 | 19.92% | |
| NII (HNI) | 1,26,41,791 | 15.00% | 14.94% |
| − bNII > ₹10L | 84,27,861 | 9.96% | |
| − sNII < ₹10L | 42,13,930 | 4.98% | |
| Retail | 2,94,97,513 | 35.00% | 34.86% |
| Employee | 3,29,670 | 0.39% | |
| Total | 8,46,08,276 | 100.00% | 100.00% |
🔔Listing Day
Issue price
₹201
Listing open
₹265
Open vs issue
+32.0%
Day-1 close
+23.6%
vs issue price
GMP trend
| Date | GMP ₹ | Implied |
|---|---|---|
| 2026-08-25 | 75 | +37.3% |
| 2026-08-24 | 75 | +37.3% |
| 2026-08-24 | 75 | +37.3% |
| 2026-08-24 | 75 | +37.3% |
| 2026-08-24 | 75 | +37.3% |
| 2026-08-24 | 75 | +37.3% |
| 2026-08-24 | 70 | +34.8% |
| 2026-08-24 | 70 | +34.8% |
| 2026-08-23 | 70 | +34.8% |
| 2026-08-23 | 70 | +34.8% |
| 2026-08-23 | 70 | +34.8% |
| 2026-08-23 | 70 | +34.8% |
| 2026-08-23 | 70 | +34.8% |
| 2026-08-23 | 70 | +34.8% |
🏢About Lalithaa Jewellery Mart
Lalithaa Jewellery Mart IPO is a book build issue of ₹1,700.00 crores. The issue is a combination of fresh issue of 5.97 crore shares aggregating to ₹1,200.18 crores and offer for sale of 2.49 crore shares aggregating to ₹499.82 crores.
Lalithaa Jewellery Mart IPO bidding started from Aug 17, 2026 and ended on Aug 19, 2026. The allotment for Lalithaa Jewellery Mart IPO was finalized on Aug 20, 2026. The shares got listed on NSE and BSE on Aug 24, 2026.
Lalithaa Jewellery Mart IPO is set final issue price at ₹201 per share. The lot size for an application is 74 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,874 (74 shares) (based on upper price).
The issue includes a reservation of up to 3,29,670 shares for employees offered at a discount of ₹19.00 to the issue price.
🎯Objects of the Issue
| Object | ₹ Cr |
|---|---|
| Funding expenditure towards setting-up of 10 New Stores: (a) Capital expenditure for fit-o | 34.55 |
| Funding expenditure towards setting-up of 10 New Stores: (b) Expenditure towards inventory | 998.68 |
| General corporate purposes | 84.58 |
| Issue Expenses | 116.48 |
👥Selling Shareholders
| Name | Category | Shares offered |
|---|---|---|
| Kiran Kumar Jain | Promoter | 2,48,75,621 |
| Total | 2,48,75,621 |
💼Lead Managers
- • Anand Rathi Advisors Ltd.
- • Equirus Capital Ltd.
🗳️Registrar
- • MUFG Intime India Pvt.Ltd.
- allotment status is checked on the registrar's portal
🏢Registered Office
📍 123, Usman Road,, T. Nagar,, Chennai, Chennai, Tamil Nadu, 600017
📞 +044 2834 9869
✉️ cosec@lalithaajewellery.com
Grey-market numbers are unofficial street quotes, aggregated across sources. Not investment advice.