Lalithaa Jewellery Mart IPO Subscription Status Day 2 – Live Updates & Key Details

Lalithaa Jewellery Mart, the South India-focused jewellery retailer, saw subscription build meaningfully on Day 2 of its ₹1,700 crore mainboard IPO. As of the update on August 19, 2026, the issue stood at 2.38 times overall, a sharp pickup from the muted opening day.

Lalithaa Jewellery Mart IPO - Day 2 Subscription Status

As of the update on August 19, 2026, the issue received bids for 14,80,57,498 shares against 6,27,61,403 shares on offer, taking overall subscription to 2.38 times. Non-Institutional Investors led demand at 4.45 times, followed by the Employee category at 2.61 times, Retail Individual Investors at 2.23 times, and Qualified Institutional Buyers at 1.01 times.

Category-wise Breakdown on Day 2

What Day 2 Numbers Indicate

The strong Non-Institutional Investor response — subscribed 4.45 times against a QIB category that only just crossed the 1x mark — suggests HNIs are moving early on Day 2, while institutional investors are likely holding back bids for the final session, as is typical. The relatively even split between the two NII sub-categories (4.56x above ₹10 lakh, 4.23x for ₹2–10 lakh) points to broad-based HNI participation rather than concentration in any one bracket. Retail subscription at 2.23 times and Employee subscription at 2.61 times reflect steady, if unspectacular, demand — consistent with a GMP that has been volatile, moving from ₹41 on August 12 down to ₹24 on August 14 before recovering to the ₹28–33 range around the IPO opening.

Lalithaa Jewellery Mart IPO - Allotment and Listing Date

The basis of allotment for Lalithaa Jewellery Mart IPO is expected to be finalised on August 20, 2026. Shares are likely to be credited to demat accounts, and refunds initiated, around August 21, 2026, with listing on the BSE and NSE tentatively scheduled for August 24, 2026.

Should You Apply for Lalithaa Jewellery Mart IPO?

Incorporated in 1985, Lalithaa Jewellery Mart is a jewellery retailer with a strong regional presence across South India, offering gold, silver, diamond, and precious and semi-precious jewellery under the Lalithaa brand. The company primarily serves mass and value-conscious customers through Large Format and Medium Format Stores, following an asset-light retail model supported by backward integration, inventory management, and quality control, with jewellery schemes further supporting its customer base. Revenue grew from ₹16,907.88 crore in FY25 to ₹25,039.80 crore in FY26, with profit rising from ₹364.73 crore to ₹1,009.82 crore over the same period.

Investors considering the issue should weigh the company's strong regional brand, consistent revenue and profit growth, and asset-light model against sector-specific risks such as gold price volatility, regional concentration in South India, and intense competition from both organised and unorganised jewellery retailers. As with any IPO, the decision should be based on individual risk appetite and a review of the DRHP rather than subscription numbers or GMP alone.

How to Apply for Lalithaa Jewellery Mart IPO

Investors can apply for the Lalithaa Jewellery Mart IPO through ASBA via their bank's net banking portal, via UPI-based ASBA through their stock broker's trading app, or offline by submitting a physical ASBA form through their broker. The minimum lot size is 74 shares, requiring a minimum investment of approximately ₹14,874 at the upper price band of ₹201. Retail investors can apply for up to 13 lots (962 shares, or ₹1,93,362).

Lalithaa Jewellery Mart IPO Important Dates

How to Check Lalithaa Jewellery Mart IPO Subscription Status

How to check Lalithaa Jewellery Mart IPO Subscription Status on NSE website

1. Visit the NSE IPO issue information page (nseindia.com).
2. Search for "Lalithaa Jewellery Mart" or enter the symbol LALITHAA.
3. Select "Consolidated Bid Details" from the dropdown to view category-wise subscription data.
4. The page refreshes periodically to show live bidding figures during market hours.

How to check Lalithaa Jewellery Mart IPO Subscription Status on BSE website

1. Visit the BSE IPO page (bseindia.com).
2. Navigate to the "Active IPO" or "IPO Bidding" section.
3. Select "Lalithaa Jewellery Mart Limited" from the list of active issues.
4. View category-wise and overall subscription figures, updated through the bidding window.

How to check Lalithaa Jewellery Mart IPO Subscription Status on Ventura?

Ventura clients can track real-time subscription status for the Lalithaa Jewellery Mart IPO directly within the IPO section of the Ventura app or web platform, alongside category-wise bid data, and allotment updates — without needing to switch between exchange websites.

IPO Subscription History

Previous Day Subscription

The issue opened on a subdued note on Day 1, subscribed just 0.69 times overall, with retail at 0.74 times, QIB at 0.67 times, and NII at 0.61 times — typical of an opening day before institutional and HNI demand builds.

Final Subscription Figures

As of the Day 2 update, the Lalithaa Jewellery Mart IPO stood at 2.38 times overall subscription, led by Non-Institutional Investors (4.45x), followed by Employees (2.61x), Retail Individual Investors (2.23x), and QIBs (1.01x). Final figures will be updated once bidding concludes on August 19, 2026.

Conclusion

Lalithaa Jewellery Mart's IPO gathered strong momentum on Day 2, with overall subscription jumping to 2.38 times on the back of heavy NII participation. With the issue closing the same day and allotment due on August 20, investors who applied will need to track the final subscription numbers and check their allotment status closer to the listing date of August 24, 2026.