The retailer is set to enter overseas markets as it expands its retail network following its recent successful IPO
Hyderabad: Lalithaa Jewellery Mart is set to enter international markets with planned showroom openings in Malaysia and Singapore. M. Kiran Kumar Jain, Chairman and Managing Director, Lalithaa Jewellery Mart Limited, announced at a recent media interaction that the brand is all set to open a showroom in Malaysia within the next two months, followed by an outlet in Singapore.
The planned overseas stores will mark Lalithaa Jewellery Mart’s first international retail presence, extending its operations beyond its established South India market. The company will continue to focus on its domestic network alongside its international expansion.
Jain said the company intends to build its South India network to around 175 showrooms before expanding into North India. Maharashtra has been identified as the first market for the next phase of expansion, followed by Uttar Pradesh and New Delhi.
The international expansion comes after Lalithaa Jewellery Mart’s recent IPO and stock market listing. The company’s Rs 1,700-crore IPO was subscribed 62.97 times and the company’s shares were listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on August 24, 2026.
Founded in 1985, Lalithaa Jewellery Mart operates the Lalithaa Jewellery retail chain, with 61 showrooms across South India. The retailer has a presence across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and the Union Territory of Puducherry, and is planning further domestic expansion alongside its entry into Malaysia and Singapore.
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