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Lalithaa Jewellery Mart Ltd
Listed
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.
Issue details
Price band
₹190 – ₹201
Face value
₹5
Lot size
74 shares
Minimum investment
₹14,874
Issue size
₹1700.00 Cr
Fresh issue
₹1200.18 Cr
Offer for sale
₹499.82 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
17 Aug 2026
Closes
19 Aug 2026
UPI mandate cut-off
5:00 PM on 19 Aug 2026
Allotment
20 Aug 2026
Refunds
21 Aug 2026
Shares in demat
21 Aug 2026
Listing
24 Aug 2026
Subscription and listing
Subscription
46.78x
Listing price
₹265
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Anand Rathi Advisors, Equirus Capital
Subscription by category
Total
46.78x
Total applications
43,92,327
Anchor investors
Amount raised
₹508.20 Cr
Bid date
14 Aug 2026
50% lock-in ends
18 Sep 2026
Rest lock-in ends
17 Nov 2026
Listing day
Issue price
₹201
Open
₹265.00
High
₹274.40
Low
₹244.40
Day close
₹248.44
Listing gain at open
+31.84%
Issue structure
Shares reserved per category and share of the total issue
QIB
4,21,39,302
49.81%
Anchor Investor
2,52,83,581
29.88%
QIB (Ex. Anchor)
1,68,55,721
19.92%
NII
1,26,41,791
14.94%
bNII > ₹10L
84,27,861
9.96%
sNII < ₹10L
42,13,930
4.98%
Retail
2,94,97,513
34.86%
Employee
3,29,670
0.39%
Total
8,46,08,276
100.00%
Finaccle’s quick read
Apply
FY26 income up 48%, PAT up 177%, ROE 41.60%, D/E 0.53, post-issue P/E 11.14x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
41.60%
ROCE
42.60%
Debt / equity
0.53
PAT margin
4.04%
P/E post issue
11.14
Market cap
₹11,250.17 Cr
Use of IPO money
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 an
₹34.55 Cr
Funding expenditure towards setting-up of 10 New Stores: (b) Expenditure towards inventory costs for setting up of New Stores
₹998.68 Cr
General corporate purposes
₹84.58 Cr
Issue Expenses
₹116.48 Cr
Strengths
✓
Revenue up 48% in FY26 to ₹25,039.80 Cr
✓
PAT up 177% in FY26 to ₹1,009.82 Cr
✓
ROE of 41.60% and ROCE of 42.60%
✓
Moderate leverage: debt to equity 0.53
Risks to watch
!
Thin PAT margin of 4.04%
!
29% of the issue is an offer for sale by existing shareholders
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.