Lalithaa Jewellery Mart
South-India-focused jewellery retailer serving value-conscious, mass-market customers across Tier I–III cities.
Last updated 2 Sept 2026, 10:09 am IST
- Price band
- ₹190 – ₹201
- Lot size
- 74
- Issue size
- ₹1,700 Cr
- Opens
- 17 Aug 2026
- Closes
- 19 Aug 2026
- Exchange
- Both
The numbers
- GMP
- ₹59 (~29.35%)
- Subscription
- 17.47× (final)
- Listing gain
- NSE +31.8% / BSE +32.0% (24 Aug)
- Listing date
- 24 Aug 2026
- Model prediction
- ~+12% expected → Subscribe. Listed +31.8% NSE / +32.0% BSE (24 Aug); direction held, listing far beat the read.
Anil Singhvi's take
The Ticker Tales take
Lalithaa Jewellery Mart is a South-India-focused jewellery retailer for value-conscious, mass-market shoppers. ₹1,700 Cr issue that closed on 19 Aug. Demand finished healthy at ~17.47× (NII ~46.6×, QIB ~12.6×, retail ~7.9×) and the grey-market premium held around ₹59 (~29% over ₹201); we locked a Subscribe expecting a listing pop of roughly 12%. It listed on 24 Aug at ₹265 on NSE (+31.8%) and ₹265.30 on BSE (+32.0%) — a blockbuster debut that comfortably beat our read. The Subscribe direction held; our number was far too conservative.
More details
- Anil Singhvi - Long-term call
- Not clearly stated
- Anil Singhvi - Listing-gain call
- Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.