Lalithaa Jewellery Mart IPO Listing: Shares List At A Premium Of Over 31%
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Lalithaa Jewellery Mart shares debuted strongly on the stock exchanges. They listed at a premium of over 31% over the issue price. Read more.
Lalithaa Jewellery Mart shares made a positive entry into the stock market. The shares opened at ₹265.30 apiece on the Bombay Stock Exchange (BSE), translating into a 31.99% premium over their issue price. They also opened higher on the National Stock Exchange (NSE) at ₹265 apiece, marking a gain of 31.84% over the issue price.
Lalithaa Jewellery Mart IPO And Subscription Details
Lalithaa Jewellery Mart’s initial public offering (IPO) was open from 17 August to 19 August at a fixed price of ₹201 per share. The IPO comprised a fresh issue of 5.97 crore equity shares worth ₹1,200 crore and an offer for sale (OFS) of 2.49 crore shares valued at ₹500 crore.
The IPO received strong demand during its three-day subscription period, with the issue subscribed 66.63 times by the close on 19 August. Qualified institutional buyers (QIBs) drove the demand. Their portion was subscribed 154 times, according to exchange data.
The non-institutional investor (NII) category followed with 78 times subscription. The retail portion was subscribed 12.51 times, while the employee category saw 9.10 times subscription.
About Lalithaa Jewellery Mart
Lalithaa Jewellery Mart operates in the southern Indian jewellery market under the Lalithaa brand. It sells gold, silver and diamond jewellery through its retail network. The company has 61 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry.
Tier II and Tier III cities accounted for 60.25% of the company’s revenue in FY26. The majority of its stores are concentrated in these cities.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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