π Lalithaa Jewellery IPO debuts strong with 32% premium
Lalithaa Jewellery shares had a solid market debut on Monday, listing at a 32% premium over the offer price. The company listed at Rs 265.30 on BSE and Rs 265 on NSE. The IPO, which ran from August 17 to August 19, saw a 62.97 times subscription. Analysts suggest existing investors can hold with a stop loss at βΉ245, while fresh investors should wait. The company has 61 stores across five South Indian states. π