Lalithaa Jewellery Mart
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Lalithaa Jewellery Mart
Price 190 to 201
GMP Rumors ₹62
Lot size 74
Issue size ₹1700 Cr
Allotment 20-08-2026
Refund 21-08-2026
Listing 24-08-2026
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Allotment Status https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Video https://youtu.be/be_ByNzKcj4
All Info. Education Purpose Only.

About

BSE List Price : ₹265.30

NSE List Price : ₹265.00

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Category Times
QIBs 153.8x
HNIs 78.17x
Retail 12.49x
Total : 66.62X

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 1 74 ₹14,874
Retail Maximum 13 962 ₹193,362
S-HNI Minimum 14 1,036 ₹208,236
S-HNI Maximum 67 4,958 ₹996,558
B-HNI Minimum 68 5,032 ₹1,011,432

About the Company

Founded in November 1985, Lalithaa Jewellery Mart is a rapidly expanding jewellery retail company with a strong footprint across Tier II and Tier III cities in South India. The company offers an extensive range of gold, silver, diamond, precious, and semi-precious jewellery.

Its product portfolio covers various jewellery categories, including chains, rings, bangles, necklaces, haarams, drops, sacred idols, pendants, and coins, catering to kids, men, and teenagers and suitable for a wide range of occasions.

The company operates through two manufacturing facilities located in Thirumudivakkam, Chennai, and Maraimalainagar, Kanchipuram, spread across approximately 43,681.96 sq. ft. and 20,000.00 sq. ft., respectively. As of April 2026, Lalithaa Jewellery operates 63 showrooms across Andhra Pradesh, Karnataka, Tamil Nadu, Telangana, Puducherry, and Chennai.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹16800.62 ₹16316.07 ₹359.83 ₹5182.26
2025 ₹16907.88 ₹16404.58 ₹364.73 ₹6929.68
2026 ₹25039.80 ₹23679.54 ₹1009.82 ₹10945.14

Company Promoter

M.Kiran Kumar Jain

Hemaa Kiran Kumar Jain

Know before investing

  • • Strengths

    Diversified Store Network: A broad retail footprint across multiple regions helps reduce dependence on any single geographic market.

    Technology-Driven Design Capabilities: The use of CAD/CAM technology and the ability to create innovative jewellery designs enable the company to respond effectively to changing customer preferences.

  • • Risks

    High Capital Requirements: Jewellery retail operations are capital-intensive and require substantial investment to support business activities.

    Gold & Diamond Price Volatility: Rising gold and diamond prices could negatively impact consumer demand and affect business performance.

Objects of the Issue & Utilisation of proceeds

Funding expenditure towards setting-up of 10 New Stores: (a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware and software.

Funding expenditure towards setting-up of 10 New Stores: (b) Expenditure towards inventory costs for setting up of New Stores.

General corporate purposes.

Company  Address

Lalithaa Jewellery Mart Ltd.
123, Usman Road,
T. Nagar,
Chennai
Chennai, Tamil Nadu, 600017
Phone: +044 2834 9869
Email: cosec@lalithaajewellery.com
Website: https://www.lalithaajewellery.com/

IPO Registrar

MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: lalithaajewellery.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

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