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Another big opportunity has emerged for investors investing in the Indian primary market. Strong and well-known company in the jewelery retail sector. Lalithaa Jewelery Mart Limited The much awaited IPO has opened for investors from today i.e. 17th August 2026. Investors will have time till August 19 to place bets on this mainboard IPO. The company is preparing to raise a total of Rs 1,700 crore from the market through this IPO. Due to strong financial position and excellent response in the gray market, there is a lot of enthusiasm among investors regarding this IPO.
Complete information about IPO size, price band and lot size
The total size of Lalita Jewelery Mart IPO is Rs 1,700 crore. The company is issuing 5.97 crore fresh shares under this issue, while apart from this, shares worth Rs 500 crore will be sold through Offer for Sale (OFS) by the existing promoters and investors.
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Price Band: The company has set a price band for this IPO. Rs 190 to Rs 201 per share Have decided.
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Lot Size: In this IPO, a lot of 74 shares has been made for investors. Due to this, retail investors will have to invest at least one lot i.e. Rs 14,874.
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Discounts for employees: The company has announced an Employee Discount of Rs 19 per share especially for its eligible employees.
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Reservation: In this issue, 50 percent has been reserved for Qualified Institutional Buyers (QIB), 15 percent for Non-Institutional Investors (NII) and at least 35 percent for retail investors.
Anand Rathi Advisors Limited has been appointed as the lead manager for this IPO, while MUFG Intime India Private Limited has been given the responsibility of the registrar. The shares of the company are proposed to be listed on both the major exchanges BSE and NSE.
Strong trend and listing gains expected in gray market (GMP)
If we look at the trends of the gray market, there is a positive atmosphere in the market regarding the IPO of Lalita Jewelery Mart. According to market experts and reports, this IPO is trading at a premium of around Rs 29.50 in the gray market. The current GMP is indicating strong listing gains of up to 14.68 percent. The minimum GMP of this IPO so far has been seen to be Rs 17 and the maximum GMP has been seen up to Rs 41 per share, which can prove to be a profitable deal for investors.
Use of funds raised and business model of the company
The company will use the proceeds from the IPO to expand its business. Under this, approximately Rs 34.55 crore will be used to develop facilities like furniture, IT hardware and software etc. in 10 new stores. Meanwhile, around Rs 998.68 crore will be used for setting up new stores, while the remaining amount will be used for general corporate purposes. Before this IPO, the promoters’ stake in the company was 97.72 percent, which will reduce to 82.85 percent after the completion of the issue.
Lalita Jewelery Mart mainly retails jewelery made of Gold, Diamond and Silver. Currently, the company has a total of 61 stores successfully operating in 51 cities across states like Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry, with a total operational area of 6,50,881 square feet. According to the data till March 2026, the company has a total of 7,059 employees. The company is also in a very strong position on the financial front, and in FY 2026, the company has earned a huge net profit of Rs 1,009.82 crore while registering a revenue of Rs 25,039.80 crore.