Lalithaa Jewellery to revive ₹1,700-cr IPO roadshows after governance pause
Chennai-based Lalithaa Jewellery will restart investor roadshows for its stalled ₹1,700-crore IPO within 1-2 months. FY25 revenue stood at ₹16,901 crore with H1 FY26 already at ₹11,316 crore, but ₹600 crore in legal proceedings and a ₹1,000 crore tax demand will test appetite for organized gold retail.
What happened
Chennai-based Lalithaa Jewellery plans to restart roadshows for its stalled ₹1,700-crore IPO within 1-2 months after pausing amid governance scrutiny. Financial
Key facts
- ₹1,700 crore IPO
- ₹16,901 crore FY25 revenue
- ₹11,316 crore H1 FY26 revenue
- ₹600 crore legal proceedings
- ₹1,000 crore tax demand
- 16% revenue CAGR FY17-FY24
- 70-75% revenue from gold jewellery
Why this matters
A revived ₹1,700 cr raise positions Lalithaa as a regional consolidator in South India's organized gold retail, opening M&A optionality for chains seeking exit liquidity or franchise tie-ups post-listing.