The Lalithaa Jewellery Mart search is drawing attention after the company completed an IPO that was heavily subscribed and proposed using much of its fresh capital for new stores and inventory.

Business Standard’s capital-market report said the offer included a fresh issue of up to Rs 1,200 crore and an offer for sale of up to Rs 500 crore. The company had also raised Rs 508.19 crore from anchor investors before the public issue.

The fresh issue’s stated objectives included capital expenditure for store fit-outs, inventory costs for new stores and general corporate purposes. Business Standard reported that Lalithaa Jewellery operated 61 stores across 51 cities in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry as of March 31, 2026.

The company’s business is concentrated in jewellery retail. The report said gold jewellery contributed 92.33 percent of revenue in the 2025-26 financial year, followed by silver jewellery and articles at 6.63 percent. It also reported consolidated sales of about Rs 25,023.93 crore and net profit of Rs 1,009.82 crore for the twelve months ended March 31, 2026.

Those figures describe the company’s reported business and IPO disclosures, not a recommendation to buy or sell shares. Search results that mention grey-market premiums can change quickly and are not the same as an exchange-listed price. Readers following Lalithaa Jewellery Mart should separate the completed subscription data, the company’s expansion plan and any unofficial market estimates.