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  1. Lalithaa Jewellery Mart IPO Day 3: Check subscription status, allotment date and steps

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Lalithaa Jewellery Mart IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

2 min read | Updated on August 19, 2026, 08:18 IST

SUMMARY

The ₹1,700 crore Lalithaa Jewellery Mart IPO, with a price band of ₹190 to ₹201 per share, is a mix of new shares valued at ₹1,200 crore and an offer for sale (OFS) of ₹500 crore.

Lalithaa Jewellery Mart makes and sells various gold, silver and diamond jewellery. | Image: lalithaajewellery.com

Lalithaa Jewellery Mart makes and sells various gold, silver and diamond jewellery. | Image: lalithaajewellery.com

The initial public offering of Lalithaa Jewellery Mart Limited will end on Wednesday, August 19. The subscription details for the final day will be available post 10 am.

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As of day 2, the issue was subscribed 3.07 times. It got bids for 19,25,66,944 shares against 6,27,61,403 shares on offer, according to the NSE data.

The part reserved for non-institutional investors received 6.46 times the subscription, while the retail investors' quota was subscribed 2.78 times. The portion for qualified institutional buyers (QIBs) got 1.02 times the subscription.

The ₹1,700 crore book-build issue, with a price band of ₹190 to ₹201 per share, is a mix of new shares valued at ₹1,200 crore and an offer for sale (OFS) of ₹500 crore.

Fresh issue proceeds will primarily fund new stores and will be utilised for general corporate purposes.

Lalithaa Jewellery Mart sells various gold, silver and diamond jewellery. It has a strong presence in Tier II and Tier III cities across southern India.

Anand Rathi Advisors and Equirus Capital are the IPO's book-running lead managers, while MUFG Intime India Private Limited is the registrar.

Lalithaa Jewellery Mart IPO: Allocation and listing date

Lalithaa Jewellery Mart IPO allotment status is expected to be finalised on Thursday, August 19. The listing on the NSE and the BSE will occur on August 24.

How to check Lalithaa Jewellery IPO allotment status on NSE

Steps to check Lalithaa Jewellery IPO allotment status on MUFG Intime India

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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