Lalithaa Jewellery IPO: ₹1700 Cr Opens Aug 17
Infographic: Lalithaa Jewellery Mart’s ₹1,700 Crore IPO Opens August 17
Key Highlights
Lalithaa Jewellery Mart’s ₹1700 Cr IPO opens Aug 17-19, 2026. Priced ₹190-₹201, it aims to expand its retail network. Listing expected Aug 24.
Lalithaa Jewellery Mart Limited is launching its (IPO) from August 17 to August 19, 2026. The company aims to raise ₹1,700 crore through this offering, with shares priced between ₹190 and ₹201.
The IPO includes both a fresh issue and an (OFS). Shares are set to list on the and by August 24, 2026.
Key IPO Figures
- Total IPO Size: ₹1,700 crore
- Component: ₹1,200 crore (5.97 crore equity shares)
- Offer for Sale Component: ₹500 crore (2.49 crore shares)
- Window: August 17 to August 19, 2026
- : ₹190-₹201 per share
- Expected : August 24, 2026
- (as of August 14, 2026): 17.41% premium, trading at ₹236
Lalithaa Jewellery Mart, established in November 1985, focuses on retail jewellery for mass-market customers across South India. The company offers a diverse portfolio including gold, silver, and diamond jewellery.
The IPO proceeds are primarily designated for retail network expansion. Specifically, ₹34.55 crore will fund capital expenditures for 10 new retail outlets. An additional ₹998.68 crore is allocated for inventory requirements for these new stores, with remaining funds for general corporate purposes.
Financial Performance Highlights
- Total (FY26): ₹25,023.93 crore, up 48.09% from FY25
- (FY26): ₹1,009.82 crore, a 176.87% increase from FY25
- (FY26): 4.04%
- (FY26): 41.60%
- (FY26): ₹20.20
M. Kiran Kumar Jain and Hemaa Kiran Kumar Jain are the company’s promoters. M. Kiran Kumar Jain is also a selling shareholder in the OFS component. Anand Rathi Advisors Limited and Equirus Capital Limited are serving as the for the issue.
The company’s robust financial growth in FY26, alongside its strategic expansion plans, positions this IPO to support further market penetration across India.