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Lalithaa Jewellery Mart IPO GMP Today: Date, Price, and Listing Date

Lalithaa Jewellery Mart IPO opens on 17 August 2026. Check the latest GMP, ₹190-₹201 price band, allotment date, listing date, lot size and financial performance.

Revati Krishna
Published: 17 Aug 2026, 09:30 PM IST (1 day ago)
Last Updated: 18 Aug 2026, 04:58 PM IST (13 hours ago)
5 min read
Quick Summary

Lalithaa Jewellery Mart IPO GMP: The ₹1,700 crore IPO will open for subscription from 17 August to 19 August 2026. Lalithaa Jewellery Mart's allotment is expected on 20 August, and the shares are likely to be listed on BSE and NSE on 24 August 2026. The price band for the Lalithaa Jewellery Mart IPO has been fixed between ₹190 and ₹201 per share.

Lalithaa Jewellery Mart IPO: Lalithaa Jewellery Mart is a jewellery retail company with a strong regional presence across South India. Incorporated in November 1985, the company caters primarily to the mass and value-conscious customer segment and offers gold, silver, diamond, precious and semi-precious jewellery. 

The company is launching a ₹1,700 crore IPO, including a fresh issue of ₹1,200 crore and an Offer for Sale (OFS) of ₹500 crore. Here are the key details investors should know about the upcoming IPO.

Lalithaa Jewellery Mart IPO Details

Here are the important dates and IPO details investors should know before applying.

  • Lalithaa Jewellery Mart IPO is worth ₹1,700 crore and consists of a fresh issue of 5.97 crore shares aggregating to ₹1,200 crore and an Offer for Sale of 2.49 crore shares aggregating to ₹500 crore.

  • Lalithaa Jewellery Mart IPO will open for subscription on 17 August 2026 and close on 19 August 2026. The price band has been fixed between ₹190 and ₹201 per share.

  • The IPO allotment is expected on 20 August 2026, and the shares are likely to be listed on BSE and NSE on 24 August 2026.

  • The promoter and promoter group holding is expected to reduce from 97.72% before the IPO to 82.85% after the IPO.

  • Anand Rathi Advisors Ltd. is the book-running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar of the issue.

Parameter

Detail

IPO Open Date

17 August 2026

IPO Close Date

19 August 2026

Expected Allotment Date

20 August 2026

Expected Listing Date

24 August 2026 (BSE & NSE)

Price Band

₹190 - ₹201 per share

Lot Size

74 shares

Minimum Investment

₹14,874

Fresh Issue

₹1,200 crore

Offer for Sale (OFS)

₹500 crore

Total Issue Size

₹1,700 crore

Lalithaa Jewellery Mart IPO GMP Today

Lalithaa Jewellery Mart IPO GMP is ₹34 as of 18 August, indicating an estimated listing premium of around 16.92% over the upper price band of ₹201 in the grey market.

The Grey Market Premium (GMP) changes based on investor sentiment and demand for the IPO.

GMP figures are provided for informational purposes only. We do not recommend trading in the grey market.

Investors should note that Grey Market Premium (GMP) is unofficial and is not regulated by SEBI. It only reflects informal market sentiment and should not be considered a reliable indicator of listing performance or future returns.

Lalithaa Jewellery Mart IPO Day 2 Subscription Status

Overall, Lalithaa Jewellery Mart IPO was subscribed 0.75 times on Day 1, as of 7:30 PM.

Overall, Lalithaa Jewellery Mart IPO was subscribed 3.21 times on Day 2, as of 4:50 PM.

Date

QIB (Ex Anchor)

NII

Retail

EMP

Total

17 Aug (Day 1)

0.71

0.65

0.81

1.63

0.75

18 Aug (Day 2)

1.08

6.72

2.91

3.26

3.21

19 Aug (Day 3)

upcoming

upcoming

upcoming

upcoming

upcoming

Source: NSE, as of 18th Aug 2026, 4:50 PM

About Lalithaa Jewellery Mart IPO

Lalithaa Jewellery Mart Limited was incorporated in November 1985 and is a jewellery retail company with a strong regional presence across South India. The company caters primarily to the mass and value-conscious customer segment and offers a diverse range of gold, silver, diamond, precious and semi-precious jewellery, with a focus on quality, craftsmanship and original designs.

The company has established strong brand acceptance in Tier II and Tier III cities across southern India. It operates through Large Format Stores and Medium Format Stores, which support its retail expansion and scale.

Lalithaa Jewellery Mart follows an asset-light retail business model with backward integration, supported by efficient inventory management and quality control processes. The company also offers a diverse range of jewellery schemes, contributing to its customer base.

As of 31 March 2026, the company had 7,059 employees across senior management, managerial, sales, security, administration, back-office and other functions.

Lalithaa Jewellery Mart IPO Reservation

For the Lalithaa Jewellery Mart IPO, the allocation has been divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).

Investor Category

Shares Offered

QIB Investors

Not more than 50% of the offer

Retail Investors

Not less than 35% of the offer

NII (HNI) Investors

Not less than 15% of the offer

Lalithaa Jewellery Mart IPO Lot Size

Retail investors can apply for a minimum of 1 lot, comprising 74 shares, requiring an investment of ₹14,874 at the upper price band of ₹201. The maximum retail application is 13 lots.

Application

Lots

Shares

Amount (₹)

Retail (Min)

1

74

14,874

Retail (Max)

13

962

1,93,362

S-HNI (Min)

14

1,036

2,08,236

S-HNI (Max)

67

4,958

9,96,558

B-HNI (Min)

68

5,032

10,11,432

READ MORE: Horizon Industrial Parks IPO GMP Today

Lalithaa Jewellery Mart IPO Financial Performance

Lalithaa Jewellery Mart reported strong financial growth during FY26. The company's revenue increased by 48% between FY25 and FY26, while profit after tax (PAT) rose by 177% during the same period.

Period Ended

31 Mar 2026

31 Mar 2025

31 Mar 2024

Total Income (₹ Cr)

₹25,039.80 

₹16,907.88 

₹16,800.62 

EBITDA (₹ Cr)

₹1,673.50 

₹740.35 

₹680.16 

EBITDA Margin (%)

6.69%

4.38%

4.05%

PAT (₹ Cr)

₹1,009.81 

₹364.72 

₹359.83 

PAT Margin (%)

4.04%

2.16%

2.14%

ROCE (%)

42.60%

25.58%

30.44%

ROE (%)

41.60%

20.90%

25.96%

Debt to Equity

0.53

0.51

0.49

Source: RHP

Conclusion

Lalithaa Jewellery Mart IPO is a ₹1,700 crore book-built issue comprising a ₹1,200 crore fresh issue and a ₹500 crore Offer for Sale. The company has a strong regional presence across South India and caters primarily to mass and value-conscious customers.

The company reported significant growth in FY26, with total income rising to ₹25,039.80 crore and PAT increasing to ₹1,009.82 crore. Its ROE and ROCE stood at 41.60% and 42.60%, respectively, while the company plans to use a significant portion of the fresh issue proceeds to set up 10 new stores.

Before investing, investors should look beyond the current Lalithaa Jewellery Mart IPO GMP and carefully evaluate the company's valuation, financial performance, expansion plans, debt levels, business model and associated risks.

Reading the Red Herring Prospectus (RHP) can help investors make a more informed investment decision. 

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