Lalithaa Jewellery Mart initial public offering (IPO) is set to open for subscription on August 17, 2026. According to the Red Herring Prospectus (RHP), the ₹1,700.00 crore book-built issue comprises a fresh issue of shares aggregating up to ₹1,200.00 crore and an Offer for Sale (OFS) of up to ₹500.00 crore by existing shareholders.

The IPO will remain open until August 19, 2026, while the anchor investor portion will open for subscription on August 14 , 2026. The basis of allotment is expected to be finalised on August 20, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE 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: To be announced
Lot Size: To be announced
Minimum Investment Amount (Retail Investor): To be announced
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:

Event	Date
Subscription Opening Date	17 August 2026
Subscription Closing Date	19 August 2026
Basis of Allotment Date	20 August 2026
Refund Initiation Date	21 August 2026
Credit of Shares	21 August 2026
Listing on BSE and NSE	24 August 2026

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

Explore other Upcoming IPOs on BSE and NSE.

Lalithaa Jewellery Mart IPO Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

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

Incorporated in 1985, Lalithaa Jewellery Mart Limited is a jewellery retailer offering gold, silver and diamond jewellery across styles, catering to the preferences of southern Indian markets. As of March 31, 2026, it operated 61 stores across 51 cities in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry, covering 650,881 sq. ft.

The Company operates two manufacturing facilities in Tamil Nadu, located at Thirumudivakkam, Chennai and Maraimalai, Kanchipuram. The facilities span approximately 43,861.96 sq. ft. and 20,000 sq. ft., respectively.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	25,023.93	16,897.32	16,788.05
Operating EBITDA	1,673.50	740.36	680.17
Profit After Tax (PAT)	1,009.82	364.73	359.83