- Share.Market
- 6 min read
- 20 Aug 2026
Lalithaa Jewellery Mart IPO allotment is scheduled for Thursday, 20 August 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.
Key Takeaways
- Allotment date: expected to be finalised on 20 August 2026, one working day after bidding closes.
- Registrar: MUFG Intime India Pvt. Ltd. (formerly Link Intime) — check status there first, or via BSE/NSE.
- Listing date: tentatively set for 24 August 2026 on both BSE and NSE.
- Price band and lot size: ₹190–₹201 per share, in lots of 74 shares.
- Use of proceeds: most of the ₹1,200 crore fresh issue funds inventory and fit-outs for 10 new stores; the separate ₹500 crore offer-for-sale goes entirely to promoter M. Kiran Kumar Jain, not the company.
Lalithaa Jewellery Mart IPO: Key Details at a Glance
| IPO Name | Lalithaa Jewellery Mart Limited |
| Issue Type | Mainboard |
| Listing At | BSE & NSE |
| Price Band | ₹190 – ₹201 per share |
| Face Value | ₹5 per share |
| Lot Size | 74 shares |
| Minimum Retail Investment | ₹14,874 (at upper price band) |
| Issue Size | ₹1,700 crore (fresh issue of ₹1,200 crore plus an offer for sale of ₹500 crore) |
| Offer for Sale By | Promoter M. Kiran Kumar Jain |
| Lead Managers | Anand Rathi Advisors, Equirus Capital |
| Registrar | MUFG Intime India Pvt. Ltd. |
What Is the Lalithaa Jewellery Mart IPO Timeline?
| Bid Opens | 17 August 2026 |
| Bid Closes | 19 August 2026 |
| Basis of Allotment (Expected) | 20 August 2026 |
| Refund Initiation (Non-Allottees) | 21 August 2026 |
| Credit of Shares to Demat | 21 August 2026 |
| Listing Date (Tentative) | 24 August 2026 |
When Will Lalithaa Jewellery Mart IPO Allotment Be Out?
IPO allotment in India follows a fixed regulatory timeline. The registrar finalises the basis of allotment on T+1 — one working day after the issue closes. For Lalithaa Jewellery Mart, with bidding closing on 19 August, allotment is expected to be finalised on 20 August 2026. Refunds and demat credit should follow by 21 August, and listing is tentatively set for 24 August 2026 on both BSE and NSE, since 22–23 August falls on a weekend and pushes the T+3 listing date to the next working Monday.
How to Check Lalithaa Jewellery Mart IPO Allotment Status
Method 1: Via MUFG Intime (Registrar)
MUFG Intime is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.
- Visit the MUFG Intime IPO allotment status page.
- Select “Lalithaa Jewellery Mart Limited” from the company dropdown.
- Choose your verification method — PAN, Application Number, or DP/Client ID.
- Enter the details and submit to view your allotment status.
Method 2: Via BSE
- Visit the BSE Application Status Check page.
- Select “Lalithaa Jewellery Mart Limited” as the issue name.
- Enter your Application Number and PAN.
- Submit to view your status. Data stays available on BSE for about a week after issue closure.
Method 3: Via NSE
- Visit NSE’s bid verification page.
- Complete one-time registration with your PAN if you haven’t already.
- Select “Lalithaa Jewellery Mart Limited” and view your application status.
How Is the Basis of Allotment Decided?
The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Lalithaa Jewellery Mart. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.
What Happens If You’re Not Allotted Shares?
If you don’t receive an allotment, the amount blocked through ASBA is unblocked automatically, and refunds for other application modes are processed by 21 August 2026. You’ll also get an email/SMS update from the registrar and your depository.
What Will Lalithaa Jewellery Mart Do With the IPO Proceeds?
Of the ₹1,200 crore fresh issue, the company plans to use about ₹998.68 crore to fund inventory for 10 new stores and ₹34.55 crore for their fit-outs, with the remaining ~₹166.77 crore going to general corporate purposes and issue expenses. The separate ₹500 crore offer-for-sale is the sale of existing shares by promoter M. Kiran Kumar Jain — that entire amount goes to him personally, not to the company.
Who Is Lalithaa Jewellery Mart Limited?
Lalithaa Jewellery Mart Limited, incorporated in 1985 and headquartered in Chennai, is a gold and diamond jewellery retailer with 61 stores across 51 cities in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry. Promoter M. Kiran Kumar Jain, Chairman and Managing Director, has been associated with the company since 1999, together with co-promoter and wife Hemaa Kiran Kumar Jain. Gold jewellery makes up the bulk of the company’s revenue, and its store network follows an asset-light model, with most locations operating on a leave-and-license basis rather than company-owned property.
Related Reading on Share.Market
Lalithaa Jewellery Mart is one of several IPOs currently open or upcoming. Track live and upcoming mainboard and SME IPOs on the Share.Market IPO page, and read our related guides on how to check IPO allotment status, how to invest in an IPO, and how many lots to apply for to improve your chances of allotment.
Don’t want to miss the next IPO? Open a free demat account on Share.Market in minutes and apply the moment bidding opens.
FAQs
The basis of allotment is expected to be finalised on 20 August 2026, one working day after bidding closes on 19 August.
Yes — besides the application number, you can check the status using your PAN or your Demat account details (DP ID/Client ID) on the registrar’s portal, or via the BSE/NSE allotment status pages.
MUFG Intime India Pvt. Ltd. is the registrar. Allotment status can be checked on its portal by selecting Lalithaa Jewellery Mart Limited and entering your PAN, application number, or DP/Client ID.
Anand Rathi Advisors Limited and Equirus Capital Limited are the book-running lead managers for the Lalithaa Jewellery Mart IPO.
Shares are tentatively scheduled to be listed on both the BSE and NSE on 24 August 2026.
If you don’t receive an allotment, your application amount is released — under ASBA, the blocked amount is unblocked in your bank account automatically, typically around the refund date of 21 August 2026.
For the retail category, allotment is done in minimum-lot multiples through a computerised draw when bids exceed the shares reserved, so as many applicants as possible get at least one lot. NII and QIB categories are allotted proportionately based on bid size.
Of the ₹1,200 crore fresh issue, roughly ₹998.68 crore funds inventory for 10 new stores and ₹34.55 crore funds store fit-outs, with the rest going to general corporate purposes. The separate ₹500 crore offer-for-sale is the sale of existing shares by promoter M. Kiran Kumar Jain — that amount goes to him personally, not to the company.
M. Kiran Kumar Jain, Chairman and Managing Director, is the company’s principal promoter, together with his wife and co-promoter, Hemaa Kiran Kumar Jain. Together, they held 97.72% of the company’s shares before the IPO.
The minimum lot size is 74 shares. At the upper end of the price band (₹201 per share), one lot costs ₹14,874 — the minimum amount a retail investor needs to apply.
