M.K.Sons Fine Jewels
Price band ₹153–162 · Issue ₹275.40 Cr
Market attention score 35.2 (how ranked)
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Capital required
Approximate retail outlay for M.K.Sons Fine Jewels at the issue price band (lot × lots).
Est. capital
₹13,923 – ₹14,742
Lot size 91 · up to ₹162/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
28 Oct 2026
Closes
30 Oct 2026
Allotment
2 Nov 2026
Listing
4 Nov 2026
Lot size
91
GMP
+4.94%
Overview
M.K.Sons Fine Jewels IPO is a book build issue of ₹275.40 crores. The issue is a combination of fresh issue of 1.36 crore shares aggregating to ₹220.32 crores and offer for sale of 34.00 lakh shares aggregating to ₹55.08 crores.
M.K.Sons Fine Jewels IPO opens for subscription on Oct 28, 2026 and closes on Oct 30, 2026. The allotment for the M.K.Sons Fine Jewels IPO is expected to be finalized on Nov 2, 2026. M.K.Sons Fine Jewels IPO will list on NSE and BSE with a tentative listing date fixed as Nov 4, 2026.
M.K.Sons Fine Jewels IPO is set issue price band at ₹153 to ₹162 per share. The lot size for an application is 91 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,742 (91 shares) (based on upper price).
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to M.K.Sons Fine Jewels IPO RHP for detailed Information.
Issue details
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
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Lot size
| 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 |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue. |
| NII | Not less than 15% of the Net Issue |
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 its showroom network across Mumbai and Ahmedabad.
The company offers rings, necklaces, bangles, earrings, bracelets, Mangalsutras, solitaires, bridal jewellery, and customised jewellery under multiple collections such as Pavitra, Rivaaz, Sitaare, NAQSH, Sunhere, and One & Only.
The company operates 5 retail showrooms across Maharashtra and Gujarat in high-footfall locations including Bandra, Andheri, Zaveri Bazaar, C.G. Road, and Sindhu Bhavan Road.
Its business model focuses on retail jewellery sales, customer-centric collections, customised jewellery offerings, and diversified designs across multiple price points. The company procures finished jewellery from third-party vendors across Western India.
As on June 30, 2026, the company offered more than 19,442 SKUs, including over 14,582 gold jewellery designs and 4,860 diamond and precious stone jewellery designs.
The company caters to bridal, festive, daily wear, and premium jewellery customers with BIS Hallmark-certified jewellery products.
As on September 30, 2026 the company had 148 permanent employees.
- Diversified jewellery portfolio across 11 collections
- Strong regional presence in Mumbai and Ahmedabad
- Wide range of gold, diamond, and CZ jewellery
- Cluster-based showroom expansion strategy
- BIS Hallmark-certified jewellery products
- Experienced promoter with jewellery industry expertise since 1999
- Customer-focused retail and customised jewellery offerings
Financials
| Metric | 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 |
Amounts in ₹ Crore (restated)
Key performance indicators
| 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 |
| P/B (x) | 3.78 | 4.12 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
12.13
P/E (x)
13.36
Market Cap at Offer Price
₹691.59 Cr.
Objects of the issue
- Funding expenditure towards setting up of 1 new showroom in Maharashtra (“New Showroom”) and expansion of existing showroom in Gujarat (“Expansion”)
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
- General Corporate Purposes
Intermediaries
Registrar
Bigshare Services Pvt.Ltd.
Lead manager(s)
Aryaman Financial Services Ltd.
FAQs
How to apply in M.K.Sons Fine Jewels IPO through Zerodha?+
Zerodha customers can apply online in M.K.Sons Fine Jewels IPO using UPI as a payment gateway. Zerodha customers can apply in M.K.Sons Fine Jewels IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in M.K.Sons Fine Jewels IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' M.K.Sons Fine Jewels IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When M.K.Sons Fine Jewels IPO will open?+
The M.K.Sons Fine Jewels IPO opens on Wed, Oct 28, 2026 and closes on Fri, Oct 30, 2026.
What is the lot size of M.K.Sons Fine Jewels IPO?+
M.K.Sons Fine Jewels IPO lot size is 91 , and the minimum amount required for application is ₹14,742 .
How to apply for M.K.Sons Fine Jewels IPO?+
You can apply in M.K.Sons Fine Jewels IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is M.K.Sons Fine Jewels IPO allotment?+
The finalization of Basis of Allotment for M.K.Sons Fine Jewels IPO will be done on Monday, November 2, 2026 , and the allotted shares will be credited to your demat account by Mon, Nov 2, 2026 . Check the M.K.Sons Fine Jewels IPO allotment status .
When is M.K.Sons Fine Jewels IPO listing date ?+
The M.K.Sons Fine Jewels IPO listing date is not yet announced. The tentative date of listing is Wed, Nov 4, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.