Lalithaa Jewellery Mart IPO GMP today is Rs 70. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
LALITHAA
Lalithaa Jewellery Mart IPO GMP & Allotment
Lalithaa Jewellery Mart Limited is a jewellery company with operations primarily based in South India, where it caters to value-conscious, mass-market consumers across Tier I, II, and III cities. The company is engaged in the business of manufacturing, wholesaling, and retailing a diverse range of products, including gold, diamond-studded, platinum, and silver jewellery. Its revenue is generated through the direct sale of these items in its retail stores. A key feature of its business model is the use of jewellery purchase schemes that allow customers to pay in advance, either as a lump sum or in installments. In return for these advance payments, customers can purchase jewellery at a later date and receive benefits, such as significant waivers on wastage charges, which help in customer retention and securing sales.
- IPO Price Band
- ₹190.00 - ₹201.00
- Lot Size
- 74 Shares
- Bidding Closes
- 19 Aug 2026
- Listing Date
- 24 Aug 2026
Quick Answer & Highlights
Lalithaa Jewellery Mart IPO GMP Today & Key Takeaways
Last updated: 20 Aug 2026
Lalithaa Jewellery Mart IPO officially listed on 24 Aug 2026 at Rs 265.30, delivering a +31.99% listing gain compared to its issue price of Rs 201.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹70.
Lalithaa Jewellery Mart IPO officially listed on 24 Aug 2026 at ₹265.30, delivering a +31.99% listing gain compared to its issue price of ₹201.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹70.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹70 | +34.83% vs upper band (20 Aug 2026) |
| Est. Listing Price | ₹265.30 | +31.99% Est. Listing Gain |
| Price Band | ₹190.00 - ₹201.00 | Mainboard IPO |
| Retail Minimum Investment | ₹14,874 | 1 Lot (74 Shares) |
| Bidding Window | 17 Aug 2026 – 19 Aug 2026 | Listed |
| Allotment & Listing Dates | Allotment: 20 Aug 2026 | Listing: 24 Aug 2026 |
Current GMP Status
₹70
+34.83% vs upper band
Est. Listing Gain
+31.99%
Last Trend
20 Aug 2026
Listing Price
₹265.30
Retail Entry
₹14,874
IPO Details
Complete IPO information
| IPO Open Date | 17 Aug 2026 |
|---|---|
| IPO Close Date | 19 Aug 2026 |
| IPO Price Band | ₹190.00 - ₹201.00 |
| Lot Size | 74 Shares |
| Current GMP | ₹70 |
| Estimated Listing Gain | +31.99% |
| Issue Size | Approx ₹1,700 Cr |
| Fresh Issue | - |
| Issue Type | Mainboard |
| IPO Listing | BSE, NSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 62.97x |
| Minimum Investment | ₹14,874 |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 178.32 | 25,924.36 | 145.38xx |
| NII | 133.74 | 9,882.7 | 73.9xx |
| Retail | 312.05 | 3,685.09 | 11.81xx |
| Overall Subscription | 627.61 | 39,522.17 | 62.97xx |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Lalithaa Jewellery Mart is priced at ₹201 per share. With a minimum lot size of 74 shares, a retail investor applying for one lot would need approximately ₹14,874 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Lalithaa Jewellery Mart stands at ₹70, implying an estimated listing gain of around 34.83% over the issue price if it holds until listing. This is up ₹15 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Lalithaa Jewellery Mart's IPO was subscribed 62.97x overall, with a category-wise breakdown of Retail 11.81x, QIB 145.38x, NII 73.9x.
Among the strengths highlighted in Lalithaa Jewellery Mart's IPO documents: Regional market leader across the South Indian organized retail jewellery market.; Transparent pricing model that drives strong trust and customer loyalty..
Investors should also weigh the risk factors Lalithaa Jewellery Mart has disclosed, including: Heavy revenue dependence on gold jewellery sales over other products..
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
17 Aug 2026
✓
Bidding Closes
19 Aug 2026
✓
Allotment
20 Aug 2026
✓
Listing
24 Aug 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 17 Aug 2026 | Completed |
| Bidding Closes | 19 Aug 2026 | Completed |
| Allotment | 20 Aug 2026 | Completed |
| Listing | 24 Aug 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 20 Aug 2026 | ₹55.00 | +₹15.00 | 27.36% |
| 19 Aug 2026 | ₹40.00 | -₹1.00 | 19.90% |
| 13 Aug 2026 | ₹41.00 | - | 20.40% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 74 | ₹14,874 |
| Retail Maximum | 13 Lot | 962 | ₹1,93,362 |
| S-HNI Minimum | 14 Lot | 1,036 | ₹2,08,236 |
| S-HNI Maximum | 67 Lot | 4,958 | ₹9,96,558 |
| B-HNI Minimum | 68 Lot | 5,032 | ₹10,11,432 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- Regional market leader across the South Indian organized retail jewellery market.
- Transparent pricing model that drives strong trust and customer loyalty.
- Widespread retail footprint with sixty-one showrooms across five southern states.
- Promoter-led management with decades of expertise in the jewellery industry.
- Consistent financial performance driven by a highly efficient inventory turnover.
Risks
- Heavy revenue dependence on gold jewellery sales over other products.
- Gold price volatility, which directly impacts profitability and margins.
- Intense market competition from both organized and unorganized regional retailers.
- Brand reputation damage could severely affect customer footfall and sales.
- Seasonal sales fluctuations are tied closely to festivals and wedding periods.
Analysis
Lalithaa Jewellery Mart IPO Reservation
The Lalithaa Jewellery Mart IPO has a category-wise reservation for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). The reservation structure determines the proportion of the net offer available for subscription by different investor categories.
As per the provided allocation structure, 50% of the offer is reserved for Qualified Institutional Buyers, excluding the anchor investor portion. Non-Institutional Investors have a reservation of 15%, while the remaining 35% is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Ex. Anchor) | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Note: The exact number of equity shares allocated to each investor category can be updated once the final reservation and anchor allocation details are available. The final allotment will depend on subscription levels and the finalized basis of allotment.
Analysis
Lalithaa Jewellery Mart IPO Anchor Investors
The Lalithaa Jewellery Mart IPO anchor investor bidding is scheduled for August 14, 2026, ahead of the public issue opening. The final anchor investor list, number of equity shares allocated and total anchor allocation amount will be available after completion of the anchor bidding process.
Anchor investors are subject to applicable lock-in requirements. As per the provided structure, 50% of the anchor allocation will be subject to a 30-day lock-in period, while the remaining 50% will be subject to a 90-day lock-in period.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 14, 2026 |
| Anchor Investors List | To be Updated |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
Note: The anchor investor list, shares allocated, anchor issue size and exact lock-in expiry dates will be updated after the final anchor allocation details are announced.
Analysis
Lalithaa Jewellery Mart IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 17 Aug 2026 |
| IPO Close Date | 19 Aug 2026 |
| Basis of Allotment | 20 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 24 Aug 2026 |
Note: The timeline for Lalithaa Jewellery Mart IPO is tentative and subject to change.
Analysis
Lalithaa Jewellery Mart IPO Promoters and Holding Pattern
The promoters of Lalithaa Jewellery Mart are M. Kiran Kumar Jain and Hemaa Kiran Kumar Jain. Prior to the IPO, the promoter and promoter group collectively hold 97.72% of the company's equity share capital, while other shareholders hold the remaining 2.28%.
The promoter and promoter group hold 48,85,74,576 equity shares before the IPO, while other shareholders hold 1,14,02,580 equity shares. The company's total number of equity shares is expected to increase from 49,99,77,156 shares before the IPO to 55,97,09,811 shares after completion of the issue.
Promoters of Lalithaa Jewellery Mart
- M. Kiran Kumar Jain
- Hemaa Kiran Kumar Jain
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 48,85,74,576 | 97.72% | – | -% |
| Others* | 1,14,02,580 | 2.28% | – | -% |
| Total | 49,99,77,156 | 100% | 55,97,09,811 | 100% |
Note: The above table presents the available pre-IPO and post-IPO shareholding information for Lalithaa Jewellery Mart. The exact post-IPO promoter and public shareholding percentages can be updated once the complete post-issue shareholding pattern is available.
Analysis
Lalithaa Jewellery Mart Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
Lalithaa Jewellery About Mart
Lalithaa Jewellery Mart, founded in November 1985, is a growing jewellery retail company with a strong presence across Tier II and Tier III cities in South India. Its product portfolio includes a wide range of gold, silver, diamond, precious, and semi-precious jewellery.
Its collection offers a wide range of jewellery across various categories, including chains, Rings, Bangles, Necklaces, haaram, Drops, sacred idols, pendants, and coins, across kids, men, and teenagers, perfect for every occasion. The firm operates its business via 2 manufacturing facilities in Thirumudivakkam, Chennai, and Maraimalainagar, Kanchipuram, covering an area of 43,681.96 sq. ft. and 20,000.00 sq. ft. As of April 2026, Lalithaa Jewellery operates 63 showrooms across Andhra Pradesh, Karnataka, Tamil Nadu, Telangana, Puducherry, and Chennai.
Analysis
Lalithaa Jewellery Mart Company Financials
To Be Updated Soon
Analysis
Lalithaa Jewellery Mart Company Valuation – FY2026
To Be Updated Soon
Analysis
Lalithaa Jewellery Mart IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- Anand Rathi Advisors Ltd.
- Equirus Capital Ltd.
Comparison
Compare Lalithaa Jewellery Mart IPO with similar IPOs
FAQ
Lalithaa Jewellery Mart IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 70 and an issue price of Rs 201, the estimated listing price for Lalithaa Jewellery Mart IPO is Rs 271.00 (approx 34.83% listing gain). Actual listing price is determined by market demand on the listing day.
Lalithaa Jewellery Mart IPO price band is Rs 190.00 to Rs 201.00. Check the latest issue price, lot size and GMP together before applying.
Lalithaa Jewellery Mart IPO open date is 17 Aug 2026, close date is 19 Aug 2026, and listing date is 24 Aug 2026.
Lalithaa Jewellery Mart IPO lot size is 74 shares. The minimum retail investment is Rs 14,874.
Lalithaa Jewellery Mart is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Lalithaa Jewellery Mart IPO subscription status currently shows Retail 11.81x, QIB 145.38x, NII 73.9x, Overall 62.97x.
Lalithaa Jewellery Mart Limited is a jewellery company with operations primarily based in South India, where it caters to value-conscious, mass-market consumers across Tier I, II, and III cities. The company is engaged in the business of manufacturing, wholesaling, and retailing a diverse range of products, including gold, diamond-studded, platinum, and silver jewellery. Its revenue is generated through the direct sale of these items in its retail stores. A key feature of its business model is the use of jewellery purchase schemes that allow customers to pay in advance, either as a lump sum or in installments. In return for these advance payments, customers can purchase jewellery at a later date and receive benefits, such as significant waivers on wastage charges, which help in customer retention and securing sales.
Lalithaa Jewellery Mart IPO issue size is 1700 and the expected allotment date is 20 Aug 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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