Lalithaa Jewellery Mart IPO

Jewellery Retail (Gold & Diamond) - Listed on 24 August 2026

+31.8% listing gain
Issue Price (Upper)
Rs 201
Listing Price
Rs 265
Closing Price (NSE)
Rs 248.44
Total Subscription
66.58x

Lalithaa Jewellery Mart IPO listing summary

Lalithaa Jewellery Mart (Jewellery Retail (Gold & Diamond)) closed its IPO window in 2026 and listed on NSE and BSE on 24 August 2026 at an upper band issue price of Rs 201, opening at Rs 265 for a listing gain of +31.8% and closing day one at Rs 248.44 (+23.6% on closing basis). The IPO was subscribed 66.58x overall - QIB 153.66x, HNI/NII 78.15x, Retail 12.49x. The total issue size was Rs 1,700 Cr (Fresh Issue Rs 1200.63 Cr, OFS Rs 500 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+31.84%
Listing Gain (Close)
+23.60%
Day Change After Listing
-6.25%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB153.66x
HNI / NII78.15x
Retail12.49x
Overall66.58x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.73x
Day 23.24x
Day 3 (Final)66.58x

Lalithaa Jewellery Mart IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 27+13.43%
Day 2Rs 32+15.92%
Day 3Rs 40+19.90%
Day 4Rs 51+25.37%
Day 5Rs 60+29.85%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
13.4%-29.9%
IPOGyani AI Prediction
22.1%
Actual Listing Gain
+31.8%

Prediction Accuracy: 9.7 pp (Reasonably accurate)

Issue & financials

Issue SizeRs 1,700 Cr
Fresh IssueRs 1,200.63 Cr
OFSRs 500 Cr
IPO PE11.14
Peer / Sector PE21.35
PE vs Sector Ratio0.52
Latest EBITDA (Cr)6.69
Debt / Equity0.53

Market context at listing

How the broader market moved around the Lalithaa Jewellery Mart IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.14%
Nifty 1W Return-0.03%
Nifty 1M Return+0.13%
Nifty during IPO window-0.03%

Lalithaa Jewellery Mart IPO - FAQs

What was the listing gain of Lalithaa Jewellery Mart IPO?

Lalithaa Jewellery Mart IPO listed at +31.8% versus the upper issue price of Rs 201 on 24 August 2026.

How many times was Lalithaa Jewellery Mart IPO subscribed?

Lalithaa Jewellery Mart IPO was subscribed 66.58x overall. QIB portion was subscribed 153.66x, HNI / NII 78.15x and Retail 12.49x.

What was the IPO GMP for Lalithaa Jewellery Mart?

IPO GMP started at Rs 27 on Day 1 and moved to Rs 60 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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