Lalithaa Jewellery IPO Surges Ahead of Horizon Industrial Parks
Infographic: Lalithaa Jewellery IPO Outperforms Horizon Industrial Parks on GMP
Key Highlights
Lalithaa Jewellery Mart IPO shows strong Grey Market Premium (GMP) with a 14.93% implied gain, outpacing Horizon Industrial Parks IPO as bidding continues.
The Indian (IPO) market is seeing varied (GMP) performances, with Lalithaa Jewellery Mart IPO indicating significantly higher potential listing gains compared to Horizon Industrial Parks IPO. Both issues are currently in their second day of bidding, as of August 18, 2026.
Lalithaa Jewellery Mart’s IPO boasts a GMP of Rs 30, suggesting an implied listing price of Rs 231. This translates to an implied listing gain of 14.93%.
Horizon Industrial Parks IPO Details
- GMP: Rs 1.7
- Implied Listing Price: Rs 61.7
- Implied Listing Gain: 2.83%
Horizon Industrial Parks operates as an industrial and logistics real estate platform. Its book-build issue is valued at Rs 2,600 crore, comprising entirely a fresh issue of 43.34 crore shares.
- : Rs 57 to Rs 60 per share
- Status (Day 2, August 18): 0.16 times
Lalithaa Jewellery Mart IPO Performance
Lalithaa Jewellery Mart, a prominent retail jewellery company with a strong South India presence, is conducting a book-build issue valued at Rs 1,700 crore. This includes a fresh issue of Rs 1,200 crore and an offer-for-sale component of Rs 500 crore.
- Price Band: Rs 190 to Rs 201 per share
- Subscription Status (Day 2, August 18): 1.08 times
Both IPOs are scheduled to close their subscription period on August 19, with an anticipated listing date of August 24 on both the and exchanges. Investors should note that GMP serves as an unofficial indicator and should not be the sole determinant for investment decisions.