Lalithaa Jewellery Mart Ltd. IPO

Min Investment
₹ 14,874 / 74 shares
Price Range
₹190 - ₹ 201
Bidding Dates
17 Aug '26 - 19 Aug '26
Total Issue Value
1,700.00 Cr
Lot Size
74
Total Issue Size
1,700.00 Cr
Listing At

IPO Timeline

  • 17 Aug 2026
    Bidding Starts
  • 19 Aug 2026
    Bidding Ends
  • 20 Aug 2026
    Allotment Finalization
  • 24 Aug 2026
    Listing

About Lalithaa Jewellery Mart Ltd.

We are a jewellery retailer operating under the brand name “Lalithaa”, offering a diverse range of gold jewellery, silver jewellery, and diamond jewellery across styles, designed to cater to regional preferences of the southern Indian jewellery markets. Our Company had the highest operating revenue per store amongst key organised jewellery players in India, at ? 4,102.28 million, ? 2,816.22 million and ? 3,167.56 million for Fiscal 2026, for Fiscal 2025 and for Fiscal 2024 respectively. For further details, please refer to the section “Basis for Offer Price” on page 135 to page 151 of this Red Herring Prospectus. Our Company reported operating revenue CAGR of 22.09% between Fiscals 2024 and 2026. (Source: CRISIL Report) We strive to serve the southern Indian market with authenticated BIS-hallmarked jewellery through our 61 stores in 51 cities in the states of Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and the Union Territory of Puducherry, spread across a total operational area of 650,881 sq. ft., as of March 31, 2026. We stand out as a disruptive brand, offering gold jewellery at competitive prices due to our in-house manufacturing capabilities. With this ethos, our Company has been able to establish a brand image with our target customers which, in turn, has allowed us to grow our revenue from operations from ? 167,880.52 million in Fiscal 2024 to ? 250,239.27 million in Fiscal 2026, with a CAGR of 22.09%.

Read More
Parent organisation
Founded
Lalithaa Jewellery Mart Ltd.
1985

Lalithaa Jewellery Mart Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 2,52,83,582 (29.89%)
Employee Reserved 2,98,507 (0.35%)
Non Institutional Investors 1,26,41,791 (14.95%)
Qualified Institutional Buyers (QIBs) 1,68,55,721 (19.93%)
Retail Individual Investors (RIIs) 2,94,97,512 (34.88%)

Lalithaa Jewellery Mart Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2026 25,054.87 Cr 1,008.79 Cr 2,766.28 Cr
31 Mar 2025 16,905.58 Cr 362.79 Cr 1,762.87 Cr
31 Mar 2024 16,797.64 Cr 358.26 Cr 1,644.94 Cr

Lalithaa Jewellery Mart Ltd. Background

Major Events And Milestones
  • 1985
    Incorporation of the Company
  • 2003
    Acquisition of the Company by our present Promoter, M. Kiran Kumar Jain.
  • 2007
    Set up our second store at Madurai, being first store outside the city of Chennai.
  • 2012
    Revenue of ₹10,000 million was achieved
  • 2013
    Set up our first store outside the state of Tamil Nadu in Pondicherry
  • 2016
    Set up a store measuring approximately 10,755 sq. ft. located in Hyderabad
  • 2018
    Revenue of ₹75,000 million was achieved
  • 2023
    Conversion of the Company from private limited to public limited.
    Crossed Revenue of ₹100,000 million
  • 2024
    Total Number of stores crossed 50
    Opening of new factory in Kancheepuram district, Tamil Nadu
    Acquired Asita Jewellery Manufacturing Private Limited.
    Acquired Centigrade Apparels Private Limited.
Lalithaa Jewellery Mart Ltd. Object of Issues

1. Funding of expenditure towards setting up of 10 new stores in India (“New Stores”). The funding is proposed to be utilised towards the following broad heads:
(a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware and software
(b) Expenditure towards inventory costs for setting up of New Stores
2. General corporate purposes

Lalithaa Jewellery Mart Ltd. IPO Listing Details
Listing Date
24 Aug 2026
ISIN
INE0K9O01026
Final Issue Price
₹ 201
Lalithaa Jewellery Mart Ltd. Company Promoters

1. M. Kiran Kumar Jain
2. Hemaa Kiran Kumar Jain

Industry Overview

Jewellery has long held a significant influence in South India for every occasion from weddings to cultural practices. Consumers in South India favour more of the yellow gold ornaments with a small proportion of studded jewellery.

Economic overview of South Indian region
The Southern ... Read more

Lalithaa Jewellery Mart Ltd. Contact Details
Address: 123, Usman Road, T. Nagar, Chennai (Madras) Tamil Nadu - 600017
Phone no:28349860
28349860
|
Lalithaa Jewellery Mart Ltd. IPO Registrar
MUFG Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Lalithaa Jewellery Mart Ltd. IPO Lead Manager(s)
Equirus Capital Pvt. Ltd.
Unit No. 2601B, 26th Floor, A Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel, Mumbai Maharashtra - 400013
43320734

FAQs

When does Lalithaa Jewellery Mart Ltd. IPO opens and closes?

Lalithaa Jewellery Mart Ltd. IPO opens from 17th August to 19th August 2026.

What is the size of Lalithaa Jewellery Mart Ltd. IPO?

The size of the Lalithaa Jewellery Mart Ltd. IPO is ₹1,700.00 Cr.

What is the price range of Lalithaa Jewellery Mart Ltd. IPO?

The price range of Lalithaa Jewellery Mart Ltd. IPO is at ₹190 to ₹201 per share.

What is the minimum investment and lot size required for the Lalithaa Jewellery Mart Ltd. IPO?

The minimum investment required is ₹14,874 and minimum lot size is 74 shares.

When is Lalithaa Jewellery Mart Ltd. IPO listing date?

The Lalithaa Jewellery Mart Ltd. IPO will be listed on 24th August 2026.

What is the objective of Lalithaa Jewellery Mart Ltd. IPO?

1. Funding of expenditure towards setting up of 10 new stores in India (“New Stores”). The funding is proposed to be utilised towards the following broad heads:
(a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware and software
(b) Expenditure towards inventory costs for setting up of New Stores
2. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
X