The IPO of M.K.Sons Fine Jewels is a bookbuild issue totaling ₹275.40 cr. The issue comprises fresh issue of 1.36 cr. shares worth ₹220.32 cr. and offer for sale (OFS) of 34.00 lakh shares worth ₹55.08 cr. Bidding for this IPO has started on 28/10/2026 and will close on 30/10/2026. The final process of allotment of shares is likely to be completed by 2/11/2026, after which the company’s shares will be listed on NSE & BSE on November 4, 2026.
The company has fixed the price band for this IPO at ₹153 – ₹162 per share. The minimum lot size for retail (individual) investors is 91 shares, which will require an investment of at least ₹14,742 as per the upper price band ₹162. Aryaman Financial Services Ltd. is the book running lead manager of this issue, while Bigshare Services Pvt. Limited. has been appointed as the registrar of this IPO.
M.K.Sons Fine Jewels IPO Allotment Status
| Company Name | Allotment Date | Listing Date | Registrar (Check Link) |
|---|---|---|---|
| M.K.Sons Fine Jewels | Mon, Nov 2, 2026 | Wed, Nov 4, 2026 | https://ipo.bigshareonline.com/IPO_Status.html |
M.K.Sons Fine Jewels IPO Overview
| Details | Descriptions |
|---|---|
| IPO Date | 28 to 30 Oct, 2026 |
| Listing Date | Wed, Nov 4, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹153 to ₹162 |
| Lot Size | 91 Shares |
| Sale Type | Fresh capital cum OFS |
| Total Issue Size | 1,70,00,000 shares (agg. up to ₹275 Cr) |
| Fresh Issue | 1,36,00,000 shares (agg. up to ₹220 Cr) |
| Net Offered to Public | 34,00,000 shares of ₹10 (agg. up to ₹55 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,26,90,760 shares |
| Share Holding Post Issue | 5,62,90,760 shares |
M.K.Sons Fine Jewels IPO Schedule
| Details | Description |
|---|---|
| IPO Open Date | Wed, Oct 28, 2026 |
| IPO Close Date | Fri, Oct 30, 2026 |
| Tentative Allotment | Mon, Nov 2, 2026 |
| Initiation of Refunds | Mon, Nov 2, 2026 |
| Credit of Shares to Demat | Mon, Nov 2, 2026 |
| Tentative Listing Date | Wed, Nov 4, 2026 |
M.K.Sons Fine Jewels Lot Size Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 91 | ₹14,742 |
| Retail (Max) | 13 | 1183 | ₹1,91,646 |
| S-HNI (Min) | 14 | 1274 | ₹2,06,388 |
| S-HNI (Max) | 67 | 6097 | ₹9,87,714 |
| B-HNI (Min) | 68 | 6188 | ₹10,02,456 |
Issue Reservation
| Investor Category | Shares | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB | 85,00,000 | 50.00% | NA |
| − Anchor Investor | 51,00,000 | 30.00% | NA |
| − QIB (Ex. Anchor) | 34,00,000 | 20.00% | NA |
| NII (HNI) | 25,50,000 | 15.00% | NA |
| − bNII > ₹10L | 17,00,000 | 10.00% | 1,334 |
| − sNII < ₹10L | 8,50,000 | 5.00% | 667 |
| Retail | 59,50,000 | 35.00% | 65,384 |
| Total | 1,70,00,000 | 100.00% |
M.K.Sons Fine Jewels IPO GMP Trend
| GMP Date | IPO Price | GMP | Est. Listing Price | Est. Profit* |
|---|---|---|---|---|
| 29-Oct 11:37 | ₹93 | ₹14 (8.64%) ▼ | ₹176 | ₹1,274 |
| 28-Oct 23:37 | ₹93 | ₹15 (9.26%) ▲ | ₹177 | ₹1,365 |
| 27-Oct 23:37 | ₹93 | ₹10 (6.17%) ▲ | ₹172 | ₹910 |
| 26-Oct 23:30 | ₹93 | ₹0 (0.00%) ─ | ₹93 | ₹0 |
| 25-Oct 9:58 | ₹93 | ₹0 (0.00%) ─ | ₹93 | ₹0 |
| 24-Oct 12:36 | ₹93 | ₹0 (0.00%) ─ | ₹93 | ₹0 |
| 23-Oct 11:31 | ₹93 | ₹0 (0.00%) ─ | ₹93 | ₹0 |
Overview of M.K.Sons Fine Jewels
Established in the year 2012, M. K. Sons Fine Jewels Ltd. It is a reputed company mainly engaged in the retail business of Gold, Diamond and CZ (Cubic Zirconia) jewellery. The company is located in key commercial and high-footfall areas of Mumbai and Ahmedabad—such as Bandra, Andheri, Zaveri Bazar, C.G. Road and Sindhu Bhawan Road – offering premium jewelery experience to its customers through its 5 large showrooms.
The company focuses on offering trendy and custom-designed collections keeping in mind every budget and preference. M. K. Sons Fine Jewels offers rings, necklaces, bangles, earrings, bracelets, mangalsutra, solitaire and bridal jewelery to its customers under different collections like Pavitra, Rivaaz, Sitare, Naksh, Golden and ‘One and Only’. The company sources its jewelery from trusted suppliers in Western India, thereby maintaining diversity in designs.
As of June 30, 2026, the company has a vast collection of over 19,442 active SKUs (Stock Keeping Units), which includes over 14,582 gold jewelery designs and over 4,860 diamond and precious stone designs. All their jewelery falling in bridal, festival, and daily wear and luxury categories is BIS Hallmark certified. A strong team of 148 permanent employees is employed till 30 September 2026 to smoothly run the operations of the company.
Key Strengths of the Company:
- Wide Product Portfolio: Wide range of designs available under 11 different collections.
- Strong regional presence: Strong presence in prime retail locations of Mumbai and Ahmedabad.
- CERTIFIED & Trusted Jewellery: All products are BIS Hallmark certified, guaranteeing purity.
- Experienced Promoters: The promoters have deep experience and understanding of the jewelery industry since 1999.
- Cluster-based expansion strategy: A successful model of opening showrooms in carefully selected areas.
- Customized Options: Facility to create custom jewelery as per the individual preferences of the customers.
Company Financials
M.K.Sons Fine Jewels Financial Information (Restated Standalone)
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 305.68 | 283.21 | 219.64 | 95.21 |
| Total Income | 101.45 | 538.86 | 351.32 | 217.40 |
| Profit After Tax | 15.02 | 51.80 | 23.26 | 8.17 |
| EBITDA | 23.42 | 82.94 | 38.57 | 12.87 |
| NET Worth | 183.04 | 168.01 | 116.21 | 22.27 |
| Reserves and Surplus | 140.35 | 125.32 | 107.70 | 17.79 |
| Total Borrowing | 70.52 | 68.44 | 68.93 | 38.64 |
Key Performance Indicator (KPI)
The market cap. of M.K.Sons Fine Jewels IPO is for Pre IPO ₹691.59 Cr., & for Post IPO ₹966.99 Crores.
KPI as of Mar 31, 2026
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 8.20% | 30.83% |
| ROCE | 10.26% | 39.88% |
| Debt/Equity | 0.39 | 0.41 |
| RoNW | 8.20% | 30.83% |
| PAT Margin | 14.80% | 9.61% |
| EBITDA Margin | 23.09% | 15.39% |
| NAV | 42.88 | 39.36 |
| Price to Book Value | 3.78 | 4.12 |
IPO Valuation & Shareholding Structure
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 12.13 | 10.06 |
| P/E (x) | 13.36 | 16.1 |
| Company Promoters: | Ramchand Murlidhar Raimalani, Neelam Ramchand Raimalani and Kush Ramchand Raimalani. | |
| Promoter and Promoter Group | 100% | 69.8% |
| Public | -% | 30.20% |
| Total | 100% | 100% |
M.K.Sons Fine Jewels IPO Objectives
| Objects of the Issue | Expected Amount (₹ in cr.) |
|---|---|
| Funding expenditure towards setting up of 1 new showroom in Maharashtra (“New Showroom”) and expansion of existing showroom in Gujarat (“Expansion”) | 152.84 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 30.00 |
| General Corporate Purposes | – |
| Total | 182.84 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 0.96 | 34,00,000 | 32,72,360 |
| NII | 1.62 | 25,50,000 | 41,33,038 |
| bNII (> ₹10L) | 2.08 | 17,00,000 | 35,33,530 |
| sNII (< ₹10L) | 0.71 | 8,50,000 | 5,99,508 |
| Retail | 0.54 | 59,50,000 | 31,96,011 |
| Total | 0.89 | 1,19,00,000 | 1,06,01,409 |
M.K.Sons Fine Jewels IPO Contact Details
- M.K.Sons Fine Jewels Ltd. Address
- 1 & 2, A.N. Chambers
- Turner Road, Bandra West
- Mumbai, Maharashtra, 400050
- 9920077788
- compliance@mkjewels.in
- Website: https://core4engineers.com/
M.K.Sons Fine Jewels IPO Registrar
Bigshare Services Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 8657578989/8069219065/8069219060 |
| Email: | ipo@bigshareonline.com |
| Website: | https://ipo.bigshareonline.com/IPO_Status.html |
M.K.Sons Fine Jewels IPO FAQs
When M.K.Sons Fine Jewels IPO become available?
The IPO will open on Wed, Oct 28, 2026.
What is the minimum lot size for the M.K.Sons Fine Jewels IPO?
The minimum lot size is 91 shares.
When will the shares for the M.K.Sons Fine Jewels IPO be allotted?
The allotment is expected to be finalized on Mon, Nov 2, 2026
What is the expected listing date for the M.K.Sons Fine Jewels IPO?
The tentative listing date is Wed, Nov 4, 2026.
How can I apply for the M.K.Sons Fine Jewels IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
Read also – Core4 Engineers IPO
