Behari Lal Engineering Limited IPO Price: ₹190 to ₹201 per share
IPO Dates: 17 Aug to 19 Aug, 2026
Company Overview
Incorporated in November 1985, Lalithaa Jewellery Mart Limited is a jewellery retail company with a strong regional presence across South India, catering primarily to the mass and value-conscious customer segment.
The company offers a diverse range of gold, silver, diamond, precious and semi-precious jewellery, with a focus on quality, craftsmanship, and original designs. It has established strong brand acceptance in Tier II and Tier III cities across southern India.
Business Operations
The company operates through Large Format Stores and Medium Format Stores, which support its retail expansion and scale.
It follows an asset-light retail business model with backward integration, supported by efficient inventory management and quality control processes.
The company also offers a diverse range of jewellery schemes, contributing to its robust customer base
Retail Network
Lalithaa Jewellery Mart serves customers through its retail network, offering jewellery products across various categories and designs.
The company focuses on catering to the preferences of mass and value-conscious consumers while strengthening its presence in high-growth South Indian markets.
Market Position
The company has a strong regional presence with deep penetration in high-growth South Indian markets and strong brand pull in Tier II and Tier III cities.
Customer Base
The company caters to the mass and value-conscious customer segment. Its robust customer base is supported by its diverse range of jewellery schemes.
Store Network
The company operates through Large Format Stores and Medium Format Stores, supporting its retail expansion and scale.
Workforce
As of March 31, 2026, the company had 7,059 employees across senior management, managerial, sales, security, administration, back-office, and other functions.
Key Strengths
- Strong regional presence with deep penetration in high-growth South Indian markets.
- Brand catering to the mass and value-conscious segment with own manufacturing.
- Strong brand pull in Tier II and Tier III cities with focus on quality, craftsmanship, and original designs.
- Large Format Stores and Medium Format Stores driving scale.
- Robust customer base owing to diverse range of jewellery schemes.
- Asset-light retail business model with backward integration, efficient inventory management, and quality control processes.
- Experienced promoter and management team with proven execution capabilities.
Bidding Starts In
Lalithaa Jewellery Mart Limited IPO Specifics:
| IPO Date | 17 to 19 Aug, 2026 |
| Listing Date | Mon, Aug 24, 2026 |
| Face Value | ₹5 per share |
| Price Band | ₹190 to ₹201 |
| Lot Size | 74 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹19.00 |
| Total Issue Size | 8,46,08,276 shares (agg. up to ₹1,700 Cr) |
| Fresh Issue | 5,97,32,655 shares (agg. up to ₹1,200 Cr) |
| Offer for Sale | 2,48,75,621 shares of ₹5 (agg. up to ₹500 Cr) |
| Share Holding Pre Issue | 49,99,77,156 shares |
| Share Holding Post Issue | 55,97,09,811 shares |
Lalithaa Jewellery Mart Limited IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Mon, Aug 17, 2026 |
| IPO Close | Wed, Aug 19, 2026 |
| Allotment | Thu, Aug 20, 2026 |
| Refund | Tue, Aug 21, 2026 |
| Credit of Shares | Fri, Aug 21, 2026 |
| Listing | Mon, Aug 24, 2026 |
Lalithaa Jewellery Mart Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 74 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 74 | ₹14,874 |
| Retail (Max) | 13 | 962 | ₹1,93,362 |
| S-HNI (Min) | 14 | 1,036 | ₹2,08,236 |
| S-HNI (Max) | 67 | 4,958 | ₹9,96,558 |
| B-HNI (Min) | 68 | 5,032 | ₹10,11,432 |
Lalithaa Jewellery Mart Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Lalithaa Jewellery Mart Limited IPO Financial Information
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 10,945.14 | 6,929.68 | 5,182.26 |
| Total Income | 25,039.80 | 16,907.88 | 16,800.62 |
| Profit After Tax | 1,009.82 | 364.73 | 359.83 |
| Net Worth | 3,033.14 | 2,028.80 | 1,667.78 |
| Reserves & Surplus | 2,679.74 | 1,675.39 | 1,552.46 |
| Total Borrowing | 1,604.14 | 949.26 | 824.18 |
Key Performance Indicator-Lalithaa Jewellery Mart Limited IPO
| KPI | Value |
|---|---|
| ROE | 41.60% |
| ROCE | 42.60% |
| Debt/Equity | 0.53 |
| RoNW | 39.90% |
| PAT Margin | 4.04% |
| NAV | 58.60 |
| Price to Book Value | 3.43 |
| EPS (₹) | 20.20 |
| P/E (x) | 9.95 |
| Market Cap at Offer Price | ₹10,050Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Lalithaa Jewellery Mart IPO RHP
Lalithaa Jewellery Mart IPO DRHP
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