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Lalithaa Jewellery Mart Ltd.

NSE & BSE
ListedListed on 24 Aug 2026+32.0%

₹190–201

₹ 1,262 Cr

74 Shares

₹ 14,060

₹5

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
2,50,239.271,68,973.17
158.76105.63
2,50,398.031,69,078.8
2,33,120.71,61,311.49
13,602.665,033.05
10,098.173,647.26

Subscription Details

62.97xTotal
Subscription
11.81x
73.90x
145.38x
8.55x

IPO Timeline

IPO Offer Start

17 Aug 2026

IPO Offer Ends

19 Aug 2026

24 Aug 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding expenditure towards setting-up of 12 New Stores10,332.31
2General corporate purposes845.82

Promoters

M. Kiran Kumar JainHemaa Kiran Kumar Jain

Book Running Lead Managers

Anand Rathi Advisors Ltd.Equirus Capital Pvt Ltd

Promoter Shareholding

Pre-IPO

97.72%

Promoter stake

Post-IPO

82.85%

Promoter stake

Offered to Public

6,27,61,403

shares

Post Share Capital

46,36,98,955

shares

IPO Registrar

MUFG Intime India Pvt Ltd.

About the Company

Our Company has presence across the south Indian cities with stores operational in Tier I, II and III cities (Source: CRISIL Report). As of December 31, 2024, 41 of our 56 stores are in these Tier II and Tier III cities, contributing to 59.05% of our revenue reflecting our strategic focus on these high-growth potential markets (Source: CRISIL Report). We believe that our emphasis on quality, craftsmanship and design at competitive prices has allowed us to gain this brand position. Out of a total 56 stores, as on December 31, 024, we operate 47 stores with an aggregate area of each store more than 5,000 sq. ft. These stores are strategically located across cities and towns in key jewellery consumptionmarkets in southern India, of which 36 stores are located in Tier-II and Tier-III cities. Our strategy of opening Large Format Stores (more than 15,000 sq.ft) and Medium Format Stores (less than equal to 15,000 sq.ft and more than 5,000 sq.ft) allows us to showcase a wide selection of gold, silver and diamond jewellery, which we believe to be instrumental in driving our Company’s growth. This resonates with the fact that our Company had the highest operating revenue per store amongst key organised jewellery players in India, at ? 2,249.05 million, ? 3,167.56 million, ? 2,833.36 million and ? 2,141.95 million for nine-month period ended December 31, 2024, for Fiscal 2024, for Fiscal 2023, for Fiscal 2022 respectively (Source: CRISIL Report) Moreover, for the nine months period ended December 31, 2024 and Fiscals 2024, 2023 and 2022, our EBITDA per store was ? 97.38 million, ? 128.33 million, ? 106.87 million and ? 104.06 million, respectively. Our Company has been able to create a templatised approach for store location, size and overall customer experience, which enables us to scale for growth in existing as well as potentially newer markets. Our Company also offers jewellery schemes such as ‘Dhana Vandhanam’ and ‘Free-yo-Flexi’ that attracts customers on a repeated basis. These schemes are designed to provide added value and flexibility to our clientele, encouraging them to engage with our brand repeatedly. We presently offer a monthly instalment plan, such as ‘Dhana Vandhanam’, starting from ₹1,000 to ₹10,000. Upon completion of 11 months, we offer 50% bonus on the amount equivalent to one month’s instalment and 50% discount on value addition charges to our customers atthe time to buying jewellery.

Use of Proceeds

1. Funding of expenditure towards setting up of 10 new stores in India (“New Stores”). The funding is proposed to be utilised towards the following broad heads:(a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware andsoftware; and(b) Expenditure towards inventory costs for setting up of New Stores2. General corporate purposes

IPO FAQs

The Lalithaa Jewellery Mart Ltd. IPO has a total of ₹1,262 crore, calculated at the upper end of the .

The Lalithaa Jewellery Mart Ltd. IPO is priced at ₹190–201 per share. bids must fall within this , against a of ₹5 per share.

The for the Lalithaa Jewellery Mart Ltd. IPO is 74 shares, which is also the minimum order quantity — you have to apply for at least 74 shares, and in multiples of 74 beyond that.

The minimum investment in the Lalithaa Jewellery Mart Ltd. IPO is about ₹14,060 — one lot of 74 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Lalithaa Jewellery Mart Ltd. opens on 17 Aug 2026 and closes on 19 Aug 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Lalithaa Jewellery Mart Ltd. shares were listed on 24 Aug 2026 on BSE and NSE.

MUFG Intime India Pvt Ltd. is the for the Lalithaa Jewellery Mart Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.

Lalithaa Jewellery Mart Ltd. IPO shares are listed on BSE and NSE.

Each Lalithaa Jewellery Mart Ltd. share has a of ₹5.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 97.72% of Lalithaa Jewellery Mart Ltd. before the IPO, which falls to 82.85% after the issue.

6,27,61,403 shares of Lalithaa Jewellery Mart Ltd. are being offered to the public in this issue.

The Lalithaa Jewellery Mart Ltd. IPO has been subscribed 62.97x overall — 145.38x, 73.90x, 11.81x and employees 8.55x.

figures update through the issue period until it closes.

  1. 1.Funding of expenditure towards setting up of 10 new stores in India (“New Stores”). The funding is proposed to be utilised towards the following broad heads:(a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware andsoftware; and(b) Expenditure towards inventory costs for setting up of New Stores
  2. 2.General corporate purposes

Anand Rathi Advisors Ltd. and Equirus Capital Pvt Ltd are the for the Lalithaa Jewellery Mart Ltd. IPO.

Pre-apply means placing your Lalithaa Jewellery Mart Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Lalithaa Jewellery Mart Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Lalithaa Jewellery Mart Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.