Lalithaa Jewelry Mart IPO entered Day 2 of bidding at this time, Aug. 18, after the Rs 1,700-crore problem was subscribed 0.69 instances on Day 1. The IPO was absolutely subscribed on the second day of bidding on Tuesday.
Listed below are the important thing particulars buyers ought to know concerning the IPO, together with the GMP, value band, problem dimension, allotment date and itemizing schedule.
Lalithaa Jewelry Mart IPO GMP
The most recent GMP of Lalithaa Jewelry Mart IPO is Rs 32, up to date on Aug. 18 at 11:30 a.m. With the higher value band of Rs 201, Lalithaa Jewelry Mart IPO’s estimated itemizing value is Rs 233 (cap value + at this time’s GMP). Because of this buyers can anticipate itemizing positive factors of 15.92% per share on market debut.
Word: GMP doesn’t characterize official information and relies on hypothesis.
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Lalithaa Jewelry Mart IPO Day 2 Subscription Standing
Lalithaa Jewelry Mart IPO was subscribed 1.57 as of 12:45 p.m. on Tuesday
- QIBs: 0.67 instances
- NIIs: 2.39 instances
- RIIs: 1.71 instances
- Worker Reserved: 2.32 instances
Lalithaa Jewelry Mart IPO Particulars
Lalithaa Jewelry Mart IPO is a ebook construct problem of Rs 1,700 crore. Recent problem of 5.97 crore shares aggregating to Rs 1,200.00 crore and, offer-for-sale (OFS) of two.49 crore shares aggregating to Rs 500.00 crore.
- IPO opened for subscription: Aug 17
- IPO cut-off date: Aug. 19
- Value band: Rs 190 to Rs 201 per share
Retail buyers can apply for no less than one lot of 74 shares, amounting to Rs 14,874 on the higher finish. Anand Rathi Advisors Ltd. is the ebook operating lead supervisor and MUFG Intime India Pvt. Ltd. is the registrar of the problem.
Lalithaa Jewelry Mart IPO Allotment and Itemizing Date
Share allotment for Lalithaa Jewelry Mart IPO is predicted on Aug. 20. The IPO is scheduled to record on NSE and BSE on Aug. 24.
Lalithaa Jewelry Mart IPO: Use of Proceeds
The IPO proceeds will primarily fund the institution of 10 new shops, whereas Rs 998.68 crore will fund stock necessities. The remaining proceeds will probably be used for basic company functions.
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Lalithaa Jewelry Mart Financials
Lalithaa Jewelry Mart reported a complete earnings of Rs 25,039.80 crore and a revenue after tax (PAT) of Rs 1,009 crore for the monetary 12 months ending March 31, 2026 (FY26), reflecting speedy progress supported by robust retailer growth and better bullion costs.
Lalithaa Jewelry Mart Enterprise
Lalithaa Jewelry Mart Ltd., integrated in 1985, is a South India-focused jewelry retailer serving mass and value-conscious prospects. It presents gold, silver, diamond and valuable jewelry by means of giant and medium-format shops.
Disclaimer: Investments in IPOs are topic to market dangers. Traders ought to learn the crimson herring prospectus fastidiously and seek the advice of a monetary adviser earlier than making funding choices.
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