4 days ago

Lalitha Jewellers Plans Malaysia, Singapore Showroom Expansion After IPO

Lalitha Jewellers Plans Malaysia, Singapore Showroom Expansion After IPO
Lalitha Jewellers to go global by opening its showrooms in Malaysia, Singapore · thehindubusinessline.com

Lalitha Jewellers wants to open stores in other countries.

Its first new international store is planned for Malaysia, followed by Singapore.

The company also wants many more stores in southern India.

It currently has 64 stores there and plans to add 110 more.

Later, it hopes to expand into northern Indian states.

The company recently completed a successful IPO, which means its shares were offered to the public.

Chairman M Kiran Kumar said this increased his responsibility.

He also said people should not be too worried about buying gold when prices are high.

Key facts

Company
Lalithaa Jewellery Mart Ltd, operating as Lalitha Jewellers
Current South India stores
64
Planned additional South India stores
110
First international destination
Malaysia
Next international destination
Singapore
Planned northern India markets
Maharashtra, Uttar Pradesh and Delhi
Announcement date
August 29, 2026

Quotes

M Kiran Kumar

Chairman and Managing Director of Lalithaa Jewellery Mart Ltd.

“We will open another 110 new showrooms in south India from 64 at present. We have already committed to set up a showroom in Malaysia which will be doing over next two months, followed by one in Singapore”
thehindubusinessline.com
“No body should be afraid of buying gold on the grounds of high price”
thehindubusinessline.com

Sources

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