
Consumer Discretionary · NSE / BSE
Lalitha Jewellery Mart is a South India-based jewellery retailer that offers a wide range of gold, silver, and diamond jewellery under the brand name “Lalithaa,” with a strong focus on gold jewellery like rings, earrings, necklaces, chains, bangles, and bracelets, which contribute the majority of its revenue. The company has a strong presence across Tamil Nadu, Telangana, Karnataka, and Puducherry, operating 56 stores in 46 cities, mainly in Tier II and Tier III locations to capture growing demand. It also has two manufacturing units in Chennai and Kanchipuram to support its production. In addition, the company runs customer savings schemes like Dhana Vandhanam and Free-yo-Flexi, allowing monthly investments in jewellery purchases, with a large base of active customers enrolled in these plans.
Price Band
₹190 – ₹201
Issue Size
₹8460.83 L Cr
Lot Size
74 shares
GMP
+36.8%
Est. Listing
₹275
at current GMP
Subscribed
66.62x
overall
Open
17 Aug 2026
Close
19 Aug 2026
Allotment
20 Aug 2026
Refund
21 Aug 2026
Demat Credit
22 Aug 2026
Listing
24 Aug 2026
Last updated: 24 Aug 2026
Current Premium
Issue Price (Upper)
₹201
Band: ₹190 – ₹201
Estimated Listing Price
₹275
Upper price + GMP
Lot Size
74 shares
Min investment ₹14,874
Estimated Profit / Lot
₹5,476
74 × ₹74
Grey Market Premium trend
+₹74
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹74 | 36.8% | ₹275 |
| 26 Sep 2026 | +₹74 | 36.8% | ₹275 |
| 25 Sep 2026 | +₹67 | 33.1% | ₹268 |
GMP is unofficial market data. Not a guarantee of listing performance.
Lalithaa Jewellery Mart Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹8,46,08,276 Crores. The shares are offered at a price band of ₹190 to ₹201 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 74 shares (approx. ₹14,874 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-22, while un-allotted funds or UPI block mandates will be released on 2026-08-21.
The latest grey market premium for Lalithaa Jewellery Mart Limited IPO is ₹74, which indicates an expected listing price of ₹275.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.