On this page
Lalithaa Jewellery Mart lists 32% above IPO price, gains as much as 36.5% intraday
Indian jewellery retailer Lalithaa Jewellery Mart debuted about 32% above its ₹201 IPO price and rose as much as 36.5%. Analysts cited strong ROE and relative valuation, but flagged inventory intensity, FY26 negative operating cash flow, a ₹1,066 crore GST dispute and promoter risks.
Newer report , , Mint : Lalithaa Jewellery Mart hits 5% upper circuit, extending weekly rally
Get the 07:30 IST India retail brief
One email each morning: the day’s top moves in Indian retail, why each matters and what to watch. Free. Stop any time.
Reported figures
From the report. Source details below
| Price band: | ₹190-201 per share |
|---|---|
| BSE listing price: | ₹265.30, up 31.99% |
| NSE listing price: | ₹265, up 31.84% |
| Market valuation: | ₹14,462.90 crore |
| IPO subscription: | 62.97 times |
| Anchor investment: | ₹508 crore |
| Fresh issue: | up to ₹1,200 crore |
| Offer for sale: | up to ₹500 crore |
| ROE: | over 41% |
| FY26 negative operating cash flow: | around ₹397.7 crore |
| Suggested stop-loss: | ₹245 |
The source
First seen