Lalithaa Jewellery Mart Limited
Promoters M KIRAN KUMAR JAIN · HEMAA KIRAN KUMAR JAIN
Against an issue price of ₹201. Split- and bonus-adjusted official closes — a past move, never a forecast.
Lalithaa Jewellery Mart Limited raised ₹1,700 crore through a mainboard initial public offer.
The filing places it in Consumer Durables and names two promoters: M KIRAN KUMAR JAIN and HEMAA KIRAN KUMAR JAIN.
The book was open from 17 August 2026 to 19 August 2026.
The issue was priced at ₹201 a share, from a band of ₹190 to ₹201.
As of the exchange's 19-Aug-2026 19:00:00 update the book was subscribed 63.0 times the shares on offer, counting bids on NSE and BSE together.
Against their reserved portions: qualified institutional buyers 145.38 times, non-institutional investors 73.90 times, retail investors 11.81 times and employees 8.55 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.
31.50 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.
33 anchor investors were allotted shares before the book opened, worth ₹781 crore.
The shares listed on 24 August 2026.
The last official close on file is ₹382 (30 September 2026), which is 90.0% above the issue price.
It now trades as LALITHAA, and its filed financials are on its company page.
Shares sold in the issue at ₹201 last closed at ₹381.9.
See LALITHAA’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
- How it was priced
- Book-built — the price was discovered inside a band from the bids received
- Listing sought at
- BSE And NSE
- Registered office
- Southern India
- Company website
- www.lalithaajewellery.com
- Registrar
- MUFG Intime India Private Limited
- Lead managers
- Anand Rathi Advisors Limited
- Equirus Capital Limited
- Bidding opens17 Aug 2026
- Bidding closes19 Aug 2026
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing24 Aug 2026
Investors have bid for 62.97 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.
Bids placed on NSE alone, excluding BSE. It is smaller than the 62.97x headline above and the two must never be compared or added together.
Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.
The columns are near-identical because they are: demand falls only 0.04% between ₹190 and ₹201, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.
These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.
How much of the demand falls away between the bottom and the top of the band.
Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.
Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period.
| GOLDMAN SACHS BANK EUROPE SE - ODI | ₹100 cr |
| ICICI PRUDENTIAL 49,75,168 SMALLCAP FUND | ₹100 cr |
| ICICI PRUDENTIAL SMALLCAP FUND | ₹100 cr |
| BANDHAN SMALL CAP 45,22,880 FUND | ₹90.9 cr |
| BANDHAN SMALL CAP FUND | ₹90.9 cr |
| SANSHI FUND - I | ₹25 cr |
| KOTAK MAHINDRA LIFE INSURANCE COMPANY 11,19,398 LIMITED | ₹22.5 cr |
| KOTAK MAHINDRA LIFE INSURANCE COMPANY LIMITED | ₹22.5 cr |
| MORGAN STANLEY INDIA INVESTMENT FUND.INC | ₹21.7 cr |
| BAJAJ LIFE INSURANCE 10,29,784 LIMITED | ₹20.7 cr |
| BAJAJ LIFE INSURANCE LIMITED | ₹20.7 cr |
| LORDS MULTIGROWTH FUND | ₹20 cr |
| GREATER INDIA PORTFOLIO | ₹14.8 cr |
| MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND | ₹13.5 cr |
| VARANIUM DYNAMIC TRUST | ₹13 cr |
| COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND | ₹12 cr |
| BANDHAN INNOVATION 4,52,288 FUND | ₹9.1 cr |
| BANDHAN INNOVATION FUND | ₹9.1 cr |
| BANK OF INDIA BUSINESS CYCLE 3,97,972 FUND | ₹8 cr |
| BANK OF INDIA BUSINESS CYCLE FUND | ₹8 cr |
| ALPHA ALTERNATIVES FINANCIAL SERVICES PRIVATE LIMITED | ₹5 cr |
| ALPHAMINE ABSOLUTE RETURN FUND | ₹5 cr |
| BANK OF INDIA CONSUMPTION 2,48,788 FUND | ₹5 cr |
| BANK OF INDIA CONSUMPTION FUND | ₹5 cr |
| LC PHAROS MULTI STRATEGY FUND VCC – LC PHAROS MULTI STRATEGY FUND SF1 | ₹5 cr |
| SAMCO ACTIVE MOMENTUM 2,48,788 FUND | ₹5 cr |
| SAMCO ACTIVE MOMENTUM FUND | ₹5 cr |
| SAMCO MULTI 2,48,788 CAP FUND | ₹5 cr |
| SAMCO MULTI CAP FUND | ₹5 cr |
| SAMCO SMALL 2,48,640 CAP FUND | ₹5 cr |
| SAMCO SMALL CAP FUND | ₹5 cr |
| BANK OF INDIA LARGE CAP 99,456 FUND | ₹2 cr |
| BANK OF INDIA LARGE CAP FUND | ₹2 cr |
From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment23 Sept 202650% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment22 Nov 202650% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment24 Feb 2027whole tranche releases on this date
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment24 Feb 2028whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.
Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.
Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| Kalyan Jewellers India Limited | 46.9 | — | 24.6% | 13.08 | — |
| Manoj Vaibhav Gems N Jewellers Limited | 7.1 | — | 14.8% | 23.54 | — |
| PC Jeweller Limited | 9.3 | — | 10.3% | 1.00 | — |
| P N Gadgil Jewellers Limited | 22.2 | — | 23.2% | 30.20 | — |
| Senco Gold Limited | 11.5 | — | 26.1% | 35.08 | — |
| Thangamayil Jewellery Limited | 46.3 | — | 27.9% | 113.14 | — |
| Titan Company Limited | 85.3 | — | 36.5% | 57.19 | — |
| Tribhovandas Bhimji Zaveri Limited | 9.1 | — | 27.1% | 30.32 | — |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Anand Rathi Advisors Limited 2021 – 2026 | 5 2 measurable | +50.1% | 0 of 1 | — | — |
Equirus Capital Limited 2021 – 2026 | 31 4 measurable | +20.0% | 0 of 3 | 0 of 2 | 0 of 3 |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Mufg Intime India Private Limited 2025 – 2026 | 83 19 measurable | +16.4% | 2 of 9 | 1 of 1 | 1 of 4 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive21 Aug 2026
- Red herring prospectus (RHP)· ZIP · exchange archive
- Draft red herring prospectus (DRHP)· PDF · exchange archive7 Jun 2025
- Anchor investor allotment· ZIP · exchange archive
- Financial ratios advertisement· ZIP · exchange archive
- In-principle approval (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.