The Lonar impact crater, India, is one of the few known terrestrial impact craters excavated in continental basaltic target rocks (Deccan Traps, ~65 Ma). The impactites reported from the crater to date mainly include centimeter- to decimeter-sized impact-melt bombs, and aerodynamically shaped millimeter- and submillimeter-sized impact spherules. They occur in situ within the ejecta around the crater rim and show schlieren structure. In contrast, non–in situ glassy objects, loosely strewn around the crater lake and in the ejecta around the crater rim do not show any schlieren structure. These non–in situ fragments appear to be similar to ancient bricks from the Daityasudan temple in the Lonar village. Synthesis of existing and new major and trace element data on the Lonar impact spherules show that (1) the target Lonar basalts incorporated into the spherules had undergone minimal preimpact alteration. Also, the paleosol layer as preserved between the top-most target basalt flow and the ejecta blanket, even after the impact, was not a source component for the Lonar impactites, (2) the Archean basement below the Deccan traps were unlikely to have contributed material to the impactite parental melts, and (3) the impactor asteroid components (Cr, Co, Ni) were concentrated only within the submillimeter-sized spherules. Two component mixing calculations using major oxides and Cr, Co, and Ni suggest that the Lonar impactor was a EH-type chondrite with the submillimeter-sized spherules containing ~6 wt% impactor components.