Allotment Status Summary: Basis of Allotment Day (20 August 2026)
The public subscription for the ₹1,700 crore Lalithaa Jewellery Mart IPO concluded on Wednesday, August 19, 2026, with an overall subscription of 66.63 times. The official basis of allotment is scheduled for finalization today, Thursday, August 20, 2026. As of the morning check (09:45 AM IST), the designated registrar, MUFG Intime India Private Limited, is processing the reconciliation of electronic bids and UPI ASBA mandates in coordination with the stock exchanges (BSE & NSE). The online result lookup facility is expected to go live during the course of the day.
Current Status: EXPECTED TODAY / AWAITING REGISTRAR LINK RELEASE (Verified as of August 20, 2026, 09:45 AM IST).1. Lalithaa Jewellery Mart IPO Allotment Status Today
Lalithaa Jewellery Mart Limited IPO
2. How to Check Lalithaa Jewellery IPO Allotment Status Online
Once the registrar makes the query portal active, investors can verify their share allocation by following these official steps:
A. Checking on the Official Registrar Portal (MUFG Intime India)
- Navigate to the official MUFG Intime India IPO Allotment Portal .
- In the "Select Company" dropdown menu, select "Lalithaa Jewellery Mart Limited - IPO" (the option appears once data is populated).
- Choose your preferred search identifier:
- PAN (Permanent Account Number): Enter your 10-character alphanumeric PAN.
- Application Number: Enter the application number generated during your ASBA / UPI bid submission.
- DP / Client ID: Enter your 16-digit Demat account identifier (NSDL or CDSL).
- Click on the "Submit" button to view the allocation details, including shares applied for and shares allotted.
3. Alternative Official Verification: BSE & NSE Portals
Investors can also cross-verify allotment directly on the stock exchange portals:
A. Checking Allotment on BSE India
- Visit the BSE IPO Application Status Check Page .
- Under Issue Type, select "Equity".
- In the Issue Name dropdown, select "Lalithaa Jewellery Mart Limited".
- Enter your Application Number and PAN Number.
- Complete the CAPTCHA reCAPTCHA verification and click "Search".
B. Checking Bid Verification on NSE India
On the National Stock Exchange portal, registered users can log in to the NSE IPO Bid Verification Portal to review the status of submitted applications. For a complete walkthrough, see our dedicated guide on how to check IPO allotment status by PAN on NSE and the master IPO Allotment Status Guide.
4. What Does "No Record Found" Mean?
If you enter your PAN or Application Number and the system displays "No Record Found", do not panic. This message can occur due to several technical reasons:
Common Causes of "No Record Found":
- Allotment Not Yet Uploaded: The registrar is still finalizing the data upload. The query tool is populated progressively.
- Incorrect Identifier: Double-check for typographical errors in your 10-character PAN or application number.
- Wrong Company Selected: Ensure you have selected "Lalithaa Jewellery Mart Limited" from the dropdown list.
- Application Rejection: In rare cases, applications rejected due to technical mismatch or failed UPI authorization will not show allotment.
5. Bid Status vs. Final Share Allotment: Understanding the Difference
Retail applicants often confuse preliminary banking steps with final allotment:
- UPI Mandate Approved: Confirming your UPI mandate only places an ASBA lien on your bank funds; it does not mean shares are allotted.
- Exchange Bid Confirmation: Receiving an SMS from BSE or NSE confirming your bid entry indicates your application was accepted in the order book, not that allotment is guaranteed.
- Registrar Final Basis of Allotment: Actual allotment is confirmed only when the registrar publishes the computerized basis of allotment and your bank sends an SMS regarding fund debit or mandate unblocking.
6. Final Consolidated Subscription Breakdown
Final category-wise subscription multiples are reported from the latest available issue data reviewed following the close of public bidding on August 19, 2026:
| Investor Category | Subscription Multiple (x) | Demand Status |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 153.80x | 153.80x Bids Received |
| Non-Institutional Investors (NII / HNI) | 78.17x | 78.17x Bids Received |
| Retail Individual Investors (RII) | 12.51x | 12.51x Bids Received |
| Employee Reservation Portion | 9.10x | 9.10x Bids Received |
| Total Consolidated Subscription | 66.63x | Over 380 Crore Shares Bid |
7. Lalithaa Jewellery Mart IPO: Key Issue Parameters
The following parameters outline the structural and financial parameters verified from the Red Herring Prospectus (RHP) dated August 12, 2026:
| Parameter | Official Value (SEBI RHP Verified) |
|---|---|
| Price Band | ₹190 to ₹201 per equity share (Face Value: ₹5) |
| Market Lot Size | 74 Equity Shares (₹14,874 at upper band ₹201) |
| Total Issue Size | ₹1,700.00 crore (84,577,114 equity shares) |
| Fresh Issue Size | ₹1,200.00 crore (59,701,492 shares) |
| Offer for Sale (OFS) | ₹500.00 crore (24,875,622 shares by M. Kiran Kumar) |
| Public Bidding Window | Monday, August 17 to Wednesday, August 19, 2026 |
| Listing Exchanges | BSE Limited and National Stock Exchange of India (NSE) |
| Designated Registrar | MUFG Intime India Private Limited |
8. What Happens Next: Official Timetable
Following the basis of allotment today, here is the official post-issue timetable:
| Event Milestone | Scheduled Date |
|---|---|
| Finalization of Basis of Allotment | Thursday, August 20, 2026 (Today) |
| Initiation of Refunds / UPI Mandate Unblocking | Friday, August 21, 2026 |
| Credit of Equity Shares to Demat Accounts | Friday, August 21, 2026 |
| Tentative Listing on BSE & NSE | Monday, August 24, 2026 |
9. About Lalithaa Jewellery Mart Limited
Headquartered in Chennai, Tamil Nadu, Lalithaa Jewellery Mart Limited is one of South India's largest and most recognizable retail jewellery chains. Founded by promoter M. Kiran Kumar (Kiran Kumar Jain), the company operates 61 retail mega-showrooms across 51 cities in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Puducherry as of March 2026.
The brand is renowned for its transparent pricing model with low Value Addition (VA) charges and zero-wastage pricing on 22-karat and 24-karat BIS-hallmarked gold ornaments, diamond jewellery, precious gemstones, and silverware.
10. Financial Performance Snapshot
Below is the financial summary of Lalithaa Jewellery Mart Limited for the last three fiscal years as disclosed in the restated financial statements of the RHP:
| Financial Metric (₹ in Crore) | FY24 | FY25 | FY26 |
|---|---|---|---|
| Total Income / Revenue | ₹14,210.30 Cr | ₹18,940.50 Cr | ₹25,039.80 Cr |
| Profit After Tax (PAT) | ₹485.60 Cr | ₹712.40 Cr | ₹1,009.82 Cr |
| Operational Network | 48 Showrooms | 54 Showrooms | 61 Showrooms |
11. Key Disclosed Risk Factors (From RHP)
Investors should review the primary business and operational risks highlighted in the company's offer documents:
- Precious Metal Volatility: Business is heavily exposed to fluctuations in gold bullion market prices and procurement timing.
- Working Capital Intensity: Retail showroom operations require significant ongoing capital commitments for holding high-value gold and diamond inventory.
- Geographical Concentration: Revenue is concentrated in South India, with over 85% of revenue originating from showrooms in Tamil Nadu, Andhra Pradesh, and Telangana.
- Intense Competition: The company faces competition from established regional chains and large organized national retail brands.
- Promoter Dependence: Brand identity and public awareness rely heavily on founder M. Kiran Kumar.
12. Grey Market Premium (GMP) Trends (Secondary Indicator)
As of August 20, 2026, unofficial grey market reports indicate that Lalithaa Jewellery Mart unlisted equity shares are trading at an estimated Grey Market Premium (GMP) of ₹38 to ₹42 per share (~19% to 21% premium over the issue price of ₹201).
Editorial GMP Risk Note: Grey Market Premium is an unofficial, unregulated, and speculative price indicator based on informal over-the-counter quotes. It is NOT an official metric verified by SEBI, NSE, or BSE. GMP does not guarantee actual listing price or investment returns. For more details, read our GMP Methodology & Regulatory Disclosures.
13. Frequently Asked Questions (FAQs)
When will the Lalithaa Jewellery Mart IPO allotment status be declared?
The basis of allotment is scheduled to be finalized today, Thursday, August 20, 2026. The registrar (MUFG Intime India) is expected to activate the online result lookup portal during the course of the day.
Where can I check my Lalithaa Jewellery IPO allotment status?
You can check your status on the official registrar portal (MUFG Intime India) or on the official BSE IPO Application Status and NSE portals using your PAN, Application Number, or Demat DP/Client ID.
When will refunds be initiated for non-allottees?
Refunds and UPI ASBA mandate unblocking are scheduled to begin on Friday, August 21, 2026.
When will allotted shares be credited to my Demat account?
Shares are scheduled to be credited to allottees' Demat accounts on Friday, August 21, 2026, ahead of the listing.
When is Lalithaa Jewellery Mart listing on stock exchanges?
The equity shares are tentatively scheduled to list on BSE Limited and the National Stock Exchange of India (NSE) on Monday, August 24, 2026.
14. Primary Source Notes & Regulatory Citations
All data points, subscription figures, and issue parameters in this report have been verified against primary regulatory documents:
- Official Red Herring Prospectus (RHP): Lalithaa Jewellery Mart Limited RHP dated August 12, 2026, accessible via the SEBI Regulatory Filing Page (lalithaa-jewellery-mart-limited-rhp_103513.html) .
- Exchange Public Issue Order Books: Final consolidated public issue bidding records published by BSE Limited and NSE India.
- Official Registrar Portal: MUFG Intime India Public Issues Allotment Portal .
Statutory Editorial & Regulatory Disclaimer
This article has been published by the Digital Arthalaya News Desk purely for informational, factual, and educational purposes. It does not constitute investment advice, financial planning, or a recommendation to buy, sell, or hold securities. Digital Arthalaya does not publish "Apply" or "Avoid" recommendations. Stock market investments carry capital and market risks. Potential investors must review the complete offer documents and consult a SEBI-registered financial advisor before making any investment decisions.