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M. K. Sons Fine Jewels Limited

MainboardlistedNSE · BSE
28 Oct 2026 – 30 Oct 2026
LISTED
Offer Price
₹153–162
Bid lot
91
Min Application
₹14,742
Issue Size
₹275 Cr

Key dates

Open date
28 Oct 2026
Done
Close date
30 Oct 2026
Done
Basis of allotment
02 Nov 2026
Done
Initiation of refunds
03 Nov 2026
Done
Credit to demat
03 Nov 2026
Done
Listing date
04 Nov 2026
Done

Issue reservation

₹275 Cr
QIB 50%10%5%Retail 35%
QIB
85.0 L sh · ₹137.50 Cr
50%
HNI (10L+)
17.0 L sh · ₹27.50 Cr
10%
HNI (2-10L)
8.5 L sh · ₹13.75 Cr
5%
Retail
59.5 L sh · ₹96.25 Cr
35%
Applications required for 1× subscription
Retail (≤₹2L)
65,385 forms
S-HNI (₹2–10L)
667 forms
B-HNI (>₹10L)
1,334 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Aryaman Financial Services Limited

Lot ladder — how much to bid

1 lot = 91 shares
Retail · Up to ₹2 L1–13 lots
Min · 1 lot
91 sh · ₹14,742
Max · 13 lots
1,183 sh · ₹1,91,646
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
1,274 sh · ₹2,06,388
Max · 67 lots
6,097 sh · ₹9,87,714
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
6,188 sh · ₹10,02,456
Entry point
₹10,02,456 onward

Issue details

Lead managersAryaman Financial Services Limited
Fresh issue1,36,00,000 sh · ₹220 Cr
Offer for sale34,00,000 sh · ₹55 Cr
Face value₹10
Listing onNSE · BSE
RegistrarBigshare Services Pvt.Ltd.
Live subscription
FinalUpdated 30-Oct-2026 5:39 PM
5.09×
0×1×2×3×+
Oversubscribed
Book₹192.78 Cr
Subscribed₹981.80 Cr
Applications1,84,086

Application-wise

CategoryReq 1×TotalTimes
HNI (10L+)1,3344,1823.13×
HNI (2-10L)6677,61711.42×
Retail65,3851,72,2522.63×
Total applications1,84,051

Subscription Demand

in ₹ crore
CategoryApplied
QIB101.48
FIIs46.07
Mutual funds0.02
Others55.40
HNI583.39
HNI (10L+)422.21
HNI (2-10L)161.18
Retail296.92
Total981.80

Amounts at the upper band (₹162). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.

Grey-market sentiment
No grey-market data yet.
Financials

Particulars

30-Jun-26

31-Mar-26

31-Mar-25

31-Mar-24

Assets

305.68

283.21

219.64

95.21

Total Income

101.45

538.86

351.32

217.4

PAT

15.02

51.8

23.26

8.17

Net Worth

183.04

168.01

116.21

22.27

Reserves & Surplus

140.35

125.32

107.7

17.79

Total Borrowings

70.52

68.44

68.93

38.64

Objects of the issue
  • Showroom Expansion: ₹151.51 crore for retail network expansion.

  • Debt Repayment: ₹30 crore for repayment/prepayment of borrowings.

  • General Corporate Purposes: Routine business and operational expenses

About the company

Incorporated in 2012, M. K. Sons Fine Jewels Ltd. is engaged in the retail sale of gold, diamond, and CZ jewellery through five showrooms across Mumbai and Ahmedabad, located in Bandra, Andheri, Zaveri Bazaar, C.G. Road, and Sindhu Bhavan Road.

The company offers rings, necklaces, bangles, earrings, bracelets, Mangalsutras, solitaires, bridal, and customised jewellery under collections such as Pavitra, Rivaaz, Sitaare, NAQSH, Sunhere, and One & Only. It procures finished jewellery from third-party vendors across Western India and caters to bridal, festive, daily wear, and premium segments.

As of June 30, 2026, the company offered over 19,442 SKUs, including gold, diamond, and precious stone jewellery designs, with BIS Hallmark-certified products. As of September 30, 2026, it had 148 permanent employees.

Company strengths

  • Diversified jewellery portfolio spanning multiple collections

  • Established regional presence across Mumbai and Ahmedabad

  • Extensive range of gold, diamond, and CZ jewellery

  • Cluster-based strategy for showroom expansion

  • BIS Hallmark-certified jewellery offerings

  • Experienced promoter with jewellery industry expertise since 1999

  • Customer-centric retail model with customised jewellery solutions

Promoters

Ramchand Murlidhar RaimalaniNeelam Ramchand RaimalaniKush Ramchand Raimalani.

Registered office & contact

M.K.Sons Fine Jewels Limited.

Address - 1 & 2, A.N. Chambers

Turner Road

Bandra West

Mumbai, Maharashtra, 400050

📞 9920077788

✉️ compliance@mkjewels.in

Documents

Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the M. K. Sons Fine Jewels Limited IPO?

One lot of 91 shares — ₹14,742 at the upper price band of ₹162.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-11-04 on NSE / BSE.

₹153–162
Applications are closed.