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* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
| 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 |
Lalitha Jewellery Mart is a South Indian jewellery retailer, offering a diverse range of jewellery products, including gold jewellery, silver jewellery, and diamond jewellery under the brand name, "Lalithaa". It primarily sells exquisite designs of gold jewellery products i.e., rings, earrings, pendants, necklaces, chains, bangles, bracelets, etc. In fiscal 2024, the company has received 93.96% of its revenues from gold jewellery.
It has a strong market presence in Tamil Nadu, Telangana, Karnataka, and the Union territory of Puducherry. As of December 31, 2024, the company has 56 stores in 46 cities with an aggregate area of each store of more than 5,000 sq. ft. Majority of these stores are strategically located in the southern regions in Tier II and III cities to focus on high-growth potential markets.
The company operates two manufacturing facilities in Thirumudivakkam, Chennai and Maraimalai, Kanchipuram, across an area of 43,681.96 sq. ft. and 20,000.00 sq. ft.
Additionally, it also offers various jewellery schemes such as "Dhana Vandhanam" for a monthly investment from ₹1000 to ₹ 10,000 and "Free-yo-Flexi’ with monthly investment of ₹1,000 to ₹25,000. As of Dec 31, 2024, it has 420,261 active customers under the schemes.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding expenditure towards setting-up of 12 New Stores | 1,014.50 |
| 2 | General corporate purposes |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 6,355.59 | 5,182.26 | 4,242.42 | 3,211.43 |
| Total Income | 12,603.04 | 16,800.62 | 13,322.62 | 8,144.73 |
| Profit After Tax | 262.33 | 359.83 | 238.39 | 166.77 |
| NET Worth | 1,928.15 | 1,667.78 | 1,310.95 | 1,071.62 |
| Reserves and Surplus | 1,574.75 | 1,552.46 | 1,195.64 | 956.30 |
| Total Borrowing | 897.11 | 824.18 | 540.11 | 623.93 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 25.96% |
| ROCE | 30.44% |
| Debt / Equity | 0.49% |
| RoNW | 24.16% |
| PAT Margin | 2.14% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| Promoter Holding | 97.72% |
