Lalithaa Jewellery Mart Limited
343.25
INR
-9.35
(-2.65%)
Lalithaa Jewellery Mart Limited
NSE:LALITHAA
(National Stock Exchange of India)
Recent
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343.25
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ROIC.AI
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- Business
- Lalithaa Jewellery Mart Limited engages in the design, manufacture, retail sale and trading of jewellery under the Lalithaa brand, principally serving mass-market and value-conscious consumers in southern India. The Company offers BIS-hallmarked gold jewellery, which represents its principal product category, as well as diamond-studded jewellery; silver jewellery and silverware; platinum jewellery; precious- and semi-precious-stone jewellery; and gold and silver articles. Its merchandise assortment includes chains, rings, bangles, bracelets, necklaces, haarams, pendants, earrings and drops, mangalsutras, bridal and occasion jewellery, children’s and men’s jewellery, sacred idols and coins. Lalithaa Jewellery Mart sells its products through a network of 61 stores in 51 cities across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry as of March 31, 2026, with a particular focus on Tier II and Tier III markets in South India. The Company also operates two Tamil Nadu manufacturing facilities, including a Thirumudivakkam, Chennai facility operated directly and a Maraimalai, Kanchipuram facility operated through wholly owned subsidiary Asita Jewellery Manufacturing Private Limited. Incorporated in 1985, Lalithaa Jewellery Mart Limited is headquartered in T. Nagar, Chennai, Tamil Nadu, India. Recent strategic developments include its conversion from a private company to a public company in January 2024; the 2024 acquisition of Asita Jewellery Manufacturing Private Limited and Centigrade Apparels Private Limited; commencement of operations at its Thirumudivakkam manufacturing unit in December 2024; completion of its ₹1,700 crore initial public offering and listing on Indian stock exchanges in August 2026; and plans to deploy IPO proceeds toward the establishment of 10 additional stores, including related store fit-outs, technology investments and inventory, to expand its South Indian retail footprint.