Lalithaa Jewellery IPO Allotment: Finalized Aug 20, 2026
By Market Desk
Lalithaa Jewellery Mart IPO allotment finalized Aug 20, 2026. Oversubscribed 66.63x, QIBs led demand. Check listing gains potential.
The allotment status for Lalithaa Jewellery Mart’s Initial Public Offering is anticipated to be finalised on August 20, 2026. The IPO saw robust investor interest, oversubscribing by 66.63 times overall, indicating a low probability of allotment for many applicants.
Key Allotment & Listing Timeline
- Allotment Date: August 20, 2026
- Refund Initiation & Demat Credit: August 21, 2026
- Listing Date: August 24, 2026, at 10 AM
Investor demand was exceptionally strong across all categories during the subscription period. Qualified Institutional Buyers (QIB) led the charge, subscribing significantly.
Investor Subscription Breakdown
- Qualified Institutional Buyers (QIB): 153.80 times
- Non-Institutional Investors (NII): 78.17 times
- Retail Individual Investors (RII): 12.51 times
The Grey Market Premium (GMP) for the IPO stood at ₹46 on August 19, 2026, against an upper price band of ₹201. This suggests a potential listing gain of 22.89%, though investors are cautioned that GMP is an unofficial and volatile indicator.
Company Profile and Financials
Established in November 1985, Lalithaa Jewellery Mart operates as a prominent South Indian jewellery retailer. The company focuses on mass-market and value-conscious customers, primarily through large and medium-format stores in Tier II and Tier III cities.
- Employees (as of March 31, 2026): 7,059
- Revenue (FY25-FY26): Increased by 48%
- Profit After Tax (PAT) (FY25-FY26): Rose by 177%
Post-allotment, shares will be credited to successful applicants’ demat accounts, or refunds will be initiated for unsuccessful bids by August 21, 2026. Investors can verify their allotment status through official channels.
Checking Allotment Status
- NSE IPO bid verification link
- BSE IPO allotment link
- MUFG Intime India Pvt. Ltd. portal (registrar to the issue)