Mumbai: Lalithaa Jewellery Mart Limited, which is a jewellery retailer operating under the brand name Lalithaa, offering a diverse range of gold jewellery, silver jewellery, and diamond jewellery across styles, designed to cater to regional preferences of southern jewellery markets, has garnered Rs 508.20 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Monday, August 17, 2026.

The company informed the bourses that it allocated 2,52,83,581 equity shares at Rs 201 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include Goldman Sachs Bank Europe SE – ODI, Morgan Stanley India Investment Fund Inc., Morgan Stanley Investment Funds Indian Equity Fund, Kotak Mahindra Life Insurance Company Limited, Bajaj Life Insurance Limited, Greater India Portfolio and Sanshi Fund-I.

Amongst equity- oriented schemes, the company has allocated shares to ICICI Prudential Smallcap Fund, Bandhan Small Cap Fund, Bandhan Innovation Fund, Samco Active Momentum Fund, Samco Multi Cap Fund, Samco Small Cap Fund, Bank of India Consumption Fund, Bank of India Business Cycle Fund and Bank of India Large Cap Fund.

Out of the total allocation of 2,52,83,581 equity shares to the anchor investors, 1,14,42,768 equity shares were allocated to 4 domestic mutual funds through 9 schemes.

Anand Rathi Advisors Limited and Equirus Capital Limited (Formerly Equirus Capital Private Limited) are the book-running lead managers, and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar to the offer.

The equity shares are proposed to be listed on BSE and NSE.