Lalithaa Jewellery Mart IPO Day 2: Subscription Status, Timeline & Key Issue Details

Lalithaa Jewellery Mart’s ₹1,700.00 crore initial public offering (IPO) entered its second day of public subscription today, August 18, 2026, with a price band of ₹190 to ₹201 per share. As of 10:05 A.M on the second day of bidding, the issue had been subscribed 0.79 times.

The IPO will remain open for subscription until August 19, 2026. The basis of allotment is expected to be finalised on August 20, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 24, 2026.

Lalithaa Jewellery Mart IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue + OFS)
• Total Issue Size: Up to ₹1,700.00 crore
• Fresh Issue: Up to ₹1,200.00 crore
• Offer for Sale (OFS): Up to ₹500.00 crore
• Face Value: ₹5 per equity share
• Price Band: ₹190 to ₹201 per share
• Lot Size: 74 shares
• Minimum Investment Amount (Retail Investor): ₹14,874 (74 shares at the upper price)
• Listing: BSE, NSE
• Book Running Lead Managers: Anand Rathi Advisors Limited, Equirus Capital Limited
• Registrar: MUFG Intime India Private Limited

Lalithaa Jewellery Mart IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Lalithaa Jewellery Mart IPO Day 2 Subscription Status

[August 18, 2026, 10:05 A.M.]

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

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

About Lalithaa Jewellery Mart Limited

Established in 1985, Lalithaa Jewellery Mart Limited is a jewellery retailer offering a wide selection of gold, silver and diamond jewellery catering to customers across southern India. As of March 31, 2026, the company operated 61 stores across 51 cities in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry, with a total retail area of 650,881 sq. ft.

The company also has two manufacturing facilities in Tamil Nadu, located in Thirumudivakkam, Chennai, and Maraimalai, Kanchipuram. These facilities span approximately 43,861.96 sq. ft. and 20,000 sq. ft., respectively.

Key Financial Highlights 

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