Mumbai, Aug. 17 -- Lalithaa Jewellery Mart received bids for 4,35,12,740 shares as against 6,27,61,403 shares on offer, according to stock exchange data at 17:00 IST on 17 August 2026. The issue was subscribed 0.69 times.

The issue opened for bidding on 17 August 2026 and will close on 19 August 2026. The price band of the IPO is fixed between Rs 190 and 201 per share. An investor can bid for a minimum of 74 equity shares and multiples thereof

The IPO comprises a fresh issue of equity shares worth up to Rs 1,200 crore and an offer for sale aggregating up to Rs 500 crore by M. Kiran Kumar Jain.

The objectives of the fresh issue include Rs 34.5 crore for capital expenditure towards fit-outs, including furniture and fixtures, equipment, I...