Lalithaa Jewellery Mart IPO Details, Financials, Valuation & Peers
Explore Lalithaa Jewellery Mart IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Overview: Lalithaa Jewellery Mart
Lalithaa Jewellery Mart is a prominent South Indian jewellery retailer specializing in the sale of gold, silver, and diamond jewellery under the "Lalithaa" brand. The company primarily focuses on exquisite gold jewellery designs, including necklaces, rings, earrings, bangles, and chains, with gold products accounting for 93.96% of its fiscal 2024 revenue. The business is supported by two internal manufacturing facilities in Tamil Nadu and a network of 56 stores located across 46 cities.
Key Highlights:
- Strong Regional Presence: The company maintains a significant market footprint in Tamil Nadu, Telangana, Karnataka, and Puducherry, with a strategic focus on high-growth Tier II and III cities.
- Operational Scale: As of December 31, 2024, the retailer operates 56 large-format stores, each exceeding 5,000 sq. ft. in area.
- Customer Engagement Schemes: The company offers flexible investment schemes, such as "Dhana Vandhanam" and "Free-yo-Flexi," serving a base of 420,261 active customers as of late 2024.
- Market Growth: Lalithaa Jewellery Mart is recognized as the second fastest-growing regional jewellery player in India in terms of operating revenue growth between fiscal years 2022 and 2024.
- Experienced Leadership: The company is supported by an experienced promoter and management team.
Objects of the Issue
- Funding expenditure towards setting-up of 10 New Stores: (a) Capital expenditure for fit-outs in the nature of furniture and fixtures, equipment, IT hardware and software
- Funding expenditure towards setting-up of 10 New Stores: (b) Expenditure towards inventory costs for setting up of New Stores
- General corporate purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 17 Aug - 19 Aug 2026 |
| IPO Price Band | ₹190 - ₹201 per share |
| Fresh Issue | ₹1,200.00 crore |
| Offer For Sale | ₹500.00 crore |
| Total IPO Size | ₹1,700.00 crore |
| Face Value | ₹5 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 17 Aug 2026 |
| IPO Closing Date | 19 Aug 2026 |
| Basis Of Allotment | 20 Aug 2026 |
| Refunds | 21 Aug 2026 |
| Demat Transfer | 21 Aug 2026 |
| IPO Listing Date | 24 Aug 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 5,182.26 | 6,929.68 | 10,945.14 |
| Total Income | 16,800.62 | 16,907.88 | 25,039.80 |
| Profit After Tax | 359.83 | 364.73 | 1,009.82 |
| NET Worth | 1,667.78 | 2,028.80 | 3,033.14 |
| Reserves and Surplus | 1,552.46 | 1,675.39 | 2,679.74 |
| Total Borrowing | 824.18 | 949.26 | 1,604.14 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Tribhovandas Bhimji Zaveri Limited | 9.14 | 30.32 | 27.06% | 125.6 |
| Titan Company Limited | 85.25 | 57.16 | 36.48% | 179.75 |
| Thangamayil Jewellery Limited | 46.26 | 113.14 | 27.93% | 455.6 |
| Senco Gold Limited | 11.5 | 35.06 | 26.07% | 153.45 |
| P N Gadgil Jewellers Limited | 22.18 | 30.2 | 23.21% | 144.63 |
| PC Jeweller Limited | 9.26 | 0.83 | 10.32% | 9.45 |
| Manoj Vaibhav Gems N Jewellers Limited | 7.12 | 23.54 | 14.82% | 170.6 |
| Kalyan Jewellers India Limited | 46.85 | 13.05 | 24.63% | 61.09 |
| Lalitha Jewellery Mart Limited | 20.2 | 39.9% | 58.6 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- 1Anand Rathi Advisors Ltd.
- 2Equirus Capital Ltd.
Company Address
Lalithaa Jewellery Mart Ltd.123, Usman Road,
T. Nagar,
Chennai
Chennai, Tamil Nadu – 600017
Website: https://www.lalithaajewellery.com/
Phone: +044 2834 9869
Email: cosec@lalithaajewellery.com
FAQs
- What is the issue size of the Lalithaa Jewellery Mart IPO?The Lalithaa Jewellery Mart IPO has an issue size of ₹1,700.00 crore. This includes a fresh issue of ₹1,200.00 crore and an offer for sale (OFS) of ₹500.00 crore.
- What is the price band of the Lalithaa Jewellery Mart IPO?The price band for the Lalithaa Jewellery Mart IPO is ₹190 - ₹201 per share.
- What are the bidding dates for the Lalithaa Jewellery Mart IPO?The Lalithaa Jewellery Mart IPO will open for bidding on 17 Aug 2026 and close on 19 Aug 2026.
- What is the allotment date for the Lalithaa Jewellery Mart IPO?The allotment date for the Lalithaa Jewellery Mart IPO is 20 Aug 2026.
- What is the listing date for the Lalithaa Jewellery Mart IPO?The listing date for the Lalithaa Jewellery Mart IPO is 24 Aug 2026.
- What is the Lalithaa Jewellery Mart IPO grey market premium?The grey market premium (GMP) for the Lalithaa Jewellery Mart IPO is currently at ₹35, with an expected listing gain of approximately 17.41%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.