Tuesday, 18 August 2026 · World
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EUROS The World Financial Report
Nº 38 Tuesday, 18 August 2026 · World Edition
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Lalithaa Jewellery Mart IPO Day 2: Issue subscribed 69% so far; GMP signals 15% listing gains

Markets-Economic Times · 2h ago · 🇮🇳 India
Lalithaa Jewellery Mart IPO Day 2: Issue subscribed 69% so far; GMP signals 15% listing gains

Lalithaa Jewellery Mart’s Rs 1,700-crore IPO entered its second day with healthy investor interest. The issue was 69% subscribed on Day 1, led by retail investors at 74%. The IPO is priced at Rs 190–201 per share and includes a fresh issue of Rs 1,200 crore and an OFS of Rs 500 crore. Its grey-market premium stood at around 15%.

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