Economy
Lalithaa Jewellery Mart IPO Subscribed 13.70x by Day Three
livemint1h
THE BRIEF
1
Lalithaa Jewellery Mart's IPO reached a subscription level of 13.70 times by 1:00 PM on its third and final day, with the retail portion subscribed 7.14 times.
2
The company set a price band of ₹190 to ₹201 per share, with the grey market premium rising to ₹40, signaling a potential 20% listing gain for investors.
3
The IPO allotment is expected on August 20, 2026, with the shares scheduled to list on the BSE and NSE exchanges on August 24, 2026.