About
Lalithaa Jewellery Mart Limited is a jewellery company with operations primarily based in South India, where it caters to value-conscious, mass-market consumers across Tier I, II, and III cities. The company is engaged in the business of manufacturing, wholesaling, and retailing a diverse range of products, including gold, diamond-studded, platinum, and silver jewellery. Its revenue is generated through the direct sale of these items in its retail stores. A key feature of its business model is the use of jewellery purchase schemes that allow customers to pay in advance, either as a lump sum or in installments. In return for these advance payments, customers can purchase jewellery at a later date and receive benefits, such as significant waivers on wastage charges, which help in customer retention and securing sales.
IPO schedule
| Issue open date |
2026-08-17 |
| Issue close date |
2026-08-19 |
| UPI mandate deadline |
2026-08-19 (5 PM) |
| Allotment finalization |
2026-08-20 |
| Refund initiation |
2026-08-21 |
| Share credit |
2026-08-21 |
| Listing date |
2026-08-24 |
| Mandate end date |
2026-09-03 |
| Lock-in end date for anchor investors (50%) |
2026-09-18 |
| Lock-in end date for anchor investors (remaining) |
2026-11-17 |
Financials
| Financial Year Ended |
March 2024 |
March 2025 |
March 2026 |
| Total Assets |
5182.26 |
6929.68 |
10945.14 |
| Revenue |
16800.62 |
16907.88 |
25039.80 |
| Profit After Tax |
359.83 |
364.73 |
1009.82 |
Issue size
| Funds Raised in the IPO |
Amount |
| Total issue size |
1700 |
| Fresh Issue - Proceeds go to the company |
1200 |
| Offer for sale - Proceeds go to the existing investors |
500 |
Utilisation of proceeds
| Purpose |
INR crores (%) |
Funding inventory for new stores
|
998.68 (83.22%) |
| Funding capital expenditure for new stores |
34.55 (2.88%) |
| General corporate purposes |
166.77 (13.90%) |
Strengths
- Regional market leader across the South Indian organized retail jewellery market.
- Transparent pricing model that drives strong trust and customer loyalty.
- Widespread retail footprint with sixty-one showrooms across five southern states.
- Promoter-led management with decades of expertise in the jewellery industry.
- Consistent financial performance driven by a highly efficient inventory turnover.
Risks
- Heavy revenue dependence on gold jewellery sales over other products.
- Gold price volatility, which directly impacts profitability and margins.
- Intense market competition from both organized and unorganized regional retailers.
- Brand reputation damage could severely affect customer footfall and sales.
- Seasonal sales fluctuations are tied closely to festivals and wedding periods.
Allotment Status for Lalithaa Jewellery Mart
To check your IPO allotment status:
- Visit the MUFG Intime India IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.