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%.