What is the GMP of M.K.Sons Fine Jewels IPO today?

The Grey Market Premium (GMP) for M.K.Sons Fine Jewels IPO is currently ₹10. With an upper price band of ₹162, the estimated listing price is ₹172 per share, reflecting an expected listing gain of ~6.17%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for M.K.Sons Fine Jewels IPO?

The price band for M.K.Sons Fine Jewels IPO is ₹153 to ₹162 per equity share. The minimum lot size is 91 shares, which requires a minimum retail application investment of ₹14,742.

What are the important dates for M.K.Sons Fine Jewels IPO?

M.K.Sons Fine Jewels IPO opens for subscription on 2026-10-28T00:00:00 and closes on 2026-10-30T00:00:00. The basis of allotment is scheduled for 2026-11-02T00:00:00, and shares are expected to list on 2026-11-04T00:00:00 on BSE, NSE.

How can I check the allotment status for M.K.Sons Fine Jewels IPO?

You can check M.K.Sons Fine Jewels IPO allotment status on the registrar's official portal (Bigshare Services Pvt Ltd) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for M.K.Sons Fine Jewels IPO?

Investors can apply for M.K.Sons Fine Jewels IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the M.K.Sons Fine Jewels IPO open and close?

The IPO opens on 28 Oct 2026, and closes on 30 Oct 2026.

What is M.K.Sons Fine Jewels IPO price band?

The issue price band is ₹153.00 to ₹162.00 per equity share.

What is the M.K.Sons Fine Jewels IPO lot size?

The minimum lot size is 91 shares per application.

What is the M.K.Sons Fine Jewels IPO allotment date?

The allotment is scheduled on 2 Nov 2026.

M.K.Sons Fine Jewels IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

275.40 Cr

Price Band

₹153.00 - ₹162.00

Lot Size

91 Shares

Min Investment

₹14,742

GMP

₹10

Subscription

5.09x

₹981.80 Cr

28 Oct 2026

IPO Opens

COMPLETED

30 Oct 2026

IPO Closes

COMPLETED

02 Nov 2026

Basis of Allotment

COMPLETED

02 Nov 2026

Refunds

COMPLETED

03 Nov 2026

Demat Credit

COMPLETED

04 Nov 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

28 Oct 2026

IPO ClosesDONE

30 Oct 2026

Basis of AllotmentDONE

02 Nov 2026

RefundsDONE

02 Nov 2026

Demat CreditDONE

03 Nov 2026

ListingDONE

04 Nov 2026

About M.K.Sons Fine Jewels IPO

M.K.Sons Fine Jewels IPO open date is October 28, 2026 and the IPO will close on October 30, 2026. M.K.Sons Fine Jewels IPO is a Book build Issue. The company to raise around ₹330.48 crores via IPO that comprises fresh issue of ₹275.40 crores and offer for sale up to 34,00,000 equity shares with face value of ₹10 each.

M.K.Sons Fine Jewels IPO price band is ₹153 to ₹162 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. M.K.Sons Fine Jewels IPO to list on BSE, NSE on November 4, 2026. The allotment of M.K.Sons Fine Jewels IPO date is November 2, 2026.

The company reported revenue of ₹538.86 crores in 2026 against ₹351.32 crores in 2025. The company reported profit of ₹51.80 crores in 2026 against profit of ₹23.26 crores in 2025.

IPO Details

M.K.Sons Fine Jewels IPO Details and Specifications
IPO Date	28 Oct 2026 to 30 Oct 2026
Face Value	₹10 Per Share
Price Band	₹153.00 - ₹162.00
Lot Size	91 Shares
Total Issue Size	Approx 275.40 Cr 1,70,00,000 Equity Shares
Fresh Issue	Approx 220.32 Cr 1,36,00,000 Equity Shares
Offer for Sale	Approx 55.08 Cr 34,00,000 Equity Shares
Retail Portion	35%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	04 Nov 2026
Listing At	BSE & NSE
Total Subscription Amount	₹981.80 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	85,00,000	50.00%
- Anchor	51,00,000	0.00%
- QIB (Ex. Anchor)	34,00,000	0.00%
NII	25,50,000	15.00%
- bNII > ₹10L	17,00,000	0.00%
- sNII < ₹10L	8,50,000	0.00%
Retail	59,50,000	35.00%
Total	1,70,00,000	100.00%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	1	91	₹14,742
Individual investors (Retail) (Max)	13	1,183	₹1,91,646
S-HNI (Min)	14	1,274	₹2,06,388
S-HNI (Max)	67	6,097	₹9,87,714
B-HNI (Min)	68	6,188	₹10,02,456

About Company

Established in 2012, M.K. Sons Fine Jewels is a jewellery retailer selling gold, diamond, and CZ jewellery through its showroom network in Mumbai and Ahmedabad. Its product range includes rings, necklaces, bangles, earrings, bracelets, Mangalsutras, solitaires, bridal jewellery, and customised jewellery under various brands: Pavitra, Rivaaz, Sitaare, NAQSH, Sunhere, and One & Only.

Its product range caters to various occasions, including bridal, festive, and daily wear. Its product portfolio includes more than 19,442 pieces of jewellery designs, out of which 14,582 are gold jewellery, and 4,860 are diamond and precious stone jewellery designs. Moreover, M.K. Sons operates its 5 retail showrooms across Maharashtra and Gujarat in busy locations including Bandra, Andheri, Zaveri Bazaar, C.G. Road, and Sindhu Bhavan Road.

Contact Details

1 & 2, A.N. Chambers

Turner Road

Bandra West

Mumbai, Maharashtra, 400050

+91 9920077788

compliance@mkjewels.in

Visit Website

Registrar

Bigshare Services Pvt Ltd

+91-22-6263 820

ipo@bigshareonline.com

Lead Managers

Aryaman Financial Services Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
04-Nov-2026 03:00 PM	+₹10	₹172	+6.17%	₹910
03-Nov-2026 11:00 AM	+₹7	₹169	+4.32%	₹637
02-Nov-2026 06:00 PM	+₹5	₹167	+3.09%	₹455
01-Nov-2026 06:00 PM	+₹5	₹167	+3.09%	₹455
31-Oct-2026 06:00 PM	+₹6	₹168	+3.70%	₹546
30-Oct-2026 06:00 PM	+₹12	₹174	+7.41%	₹1,092
29-Oct-2026 06:00 PM	+₹15	₹177	+9.26%	₹1,365
28-Oct-2026 10:34 PM	+₹10	₹172	+6.17%	₹910
27-Oct-2026 10:34 PM	+₹8	₹170	+4.94%	₹728
26-Oct-2026 10:34 PM	+₹8	₹170	+4.94%	₹728
25-Oct-2026 10:34 PM	+₹8	₹170	+4.94%	₹728
24-Oct-2026 10:34 PM	+₹0	₹162	+0.00%	₹0
23-Oct-2026 06:10 PM	+₹0	₹162	+0.00%	₹0

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
QIB (Ex. Anchor)	1.84x	34,00,000	62,64,349	₹101.48 Cr
NII	14.12x	25,50,000	3,60,11,976	₹583.39 Cr
bNII > ₹10L	15.33x	17,00,000	2,60,62,400	₹422.21 Cr
sNII < ₹10L	11.71x	8,50,000	99,49,576	₹161.18 Cr
Retail	3.08x	59,50,000	1,83,28,310	₹296.92 Cr
Total	5.09x	1,19,00,000	6,06,04,635	₹981.80 Cr

Objects of the Issue

01 Funding expenditure towards setting up of 1 new showroom in Maharashtra (“New Showroom”) and expansion of existing showroom in Gujarat (“Expansion”) : 152.84 Cr
02 Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company : 30.00 Cr
03 General Corporate Purpose : - Cr

Company Financials

Period Ended	30 JUN 2026	31 MAR 2026	31 MAR 2025	31 MAR 2024
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

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2026
ROCE	39.88%
Debt/Equity Ratio	0.41
Return on Net Worth (RoNW)	30.83%
PAT Margin	9.61%
EBITDA Margin	15.39%
Net Asset Value (NAV)	₹39.36
Earning Per Share (EPS)	₹12.13
Price/Earning P/E Ratio	13.36x

Peer Comparison

Company Name	EPS (₹)	P/E (x)	NAV (₹)	RoNW (%)	Income (₹ Cr)
PNGS Reva Diamond Jewellery Limited	28.41	24.21	162.53	12.55	439.03
Senco Gold Limited	35.08	9.55	153.45	22.85	8,430.03
Tribhovandas Bhimji Zaveri Limited	30.32	19.62	125.60	24.14	3,202.95
Motisons Jewellers Limited	0.65	27.78	5.05	12.77	489.55

IPO Anchor Investors

Anchor Investors Letter (PDF)

Promoters and Holding Pattern

Ramchand Murlidhar Raimalani, Neelam Ramchand Raimalani and Kush Ramchand Raimalani. is the company's promoter of M.K.Sons Fine Jewels.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	100.00%	69.80%
Others*	0.00%	30.20%

Strengths

The company has 11 diversified collections of jewellery suitable for every customer segment, occasion, and price point.
M.K.Sons is supported by a professional management, leadership team and promoters with over 25 years of experience in the gems and jewellery industry.
They are committed to improving their products by focusing on quality control, inventory management, and customer satisfaction.
In FY26, the company reported revenue from operations of ₹538.74 crore, EBITDA of ₹82.94 crore, and profit after tax (PAT) of ₹51.80 crore, showcasing strong financial results.

Risks

About 67.97% of the company’s revenue comes from its showrooms in Gujarat. If those showrooms in Gujarat face any negative developments, it can harm its business performance, growth potential, and financial health.
All of its revenue is derived from direct sales through its physical showrooms. Any disruptions or challenges in regions where its showrooms are located can negatively impact the overall revenue and results of operations
High volatility in the prices and availability of gold, diamonds, and other raw materials can badly impact the business, financial condition, and cash flow.
M.K.Sons completely depends on its third-party manufacturers for the supply of its raw materials, none of them work exclusively for it. Any interruption, quality risks, and delays in the supply of raw materials can adversely affect its business and financial condition.

Frequently Asked Questions (FAQ)

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About M.K.Sons Fine Jewels IPO

The company reported revenue of ₹538.86 crores in 2026 against ₹351.32 crores in 2025. The company reported profit of ₹51.80 crores in 2026 against profit of ₹23.26 crores in 2025.

IPO Details

M.K.Sons Fine Jewels IPO Details and Specifications
IPO Date	28 Oct 2026 to 30 Oct 2026
Face Value	₹10 Per Share
Price Band	₹153.00 - ₹162.00
Lot Size	91 Shares
Total Issue Size	Approx 275.40 Cr 1,70,00,000 Equity Shares
Fresh Issue	Approx 220.32 Cr 1,36,00,000 Equity Shares
Offer for Sale	Approx 55.08 Cr 34,00,000 Equity Shares
Retail Portion	35%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	04 Nov 2026
Listing At	BSE & NSE
Total Subscription Amount	₹981.80 Cr

Investor Category

Shares Offered

% Net Issue

QIB

85,00,000

50.00%

- Anchor

51,00,000

0.00%

- QIB (Ex. Anchor)

34,00,000

0.00%

NII

25,50,000

15.00%

- bNII > ₹10L

17,00,000

0.00%

- sNII < ₹10L

8,50,000

0.00%

Retail

59,50,000

35.00%

Total

1,70,00,000

100.00%

Application

Lots

Amount

Individual investors (Retail) (Min)

₹14,742

Individual investors (Retail) (Max)

1,183

₹1,91,646

S-HNI (Min)

1,274

₹2,06,388

S-HNI (Max)

6,097

₹9,87,714

B-HNI (Min)

6,188

₹10,02,456

About Company

Contact Details

1 & 2, A.N. Chambers

Turner Road

Bandra West

Mumbai, Maharashtra, 400050

+91 9920077788

compliance@mkjewels.in

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

04-Nov-2026 03:00 PM

+₹10

₹172

+6.17%

₹910

03-Nov-2026 11:00 AM

+₹7

₹169

+4.32%

₹637

02-Nov-2026 06:00 PM

+₹5

₹167

+3.09%

₹455

01-Nov-2026 06:00 PM

+₹5

₹167

+3.09%

₹455

31-Oct-2026 06:00 PM

+₹6

₹168

+3.70%

₹546

30-Oct-2026 06:00 PM

+₹12

₹174

+7.41%

₹1,092

29-Oct-2026 06:00 PM

+₹15

₹177

+9.26%

₹1,365

28-Oct-2026 10:34 PM

+₹10

₹172

+6.17%

₹910

27-Oct-2026 10:34 PM

+₹8

₹170

+4.94%

₹728

26-Oct-2026 10:34 PM

+₹8

₹170

+4.94%

₹728

25-Oct-2026 10:34 PM

+₹8

₹170

+4.94%

₹728

24-Oct-2026 10:34 PM

+₹0

₹162

+0.00%

₹0

23-Oct-2026 06:10 PM

+₹0

₹162

+0.00%

₹0

M.K.Sons Fine Jewels IPO Details

About M.K.Sons Fine Jewels IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the M.K.Sons Fine Jewels IPO open and close?

What is M.K.Sons Fine Jewels IPO price band?

What is the M.K.Sons Fine Jewels IPO lot size?

What is the M.K.Sons Fine Jewels IPO allotment date?

What is the M.K.Sons Fine Jewels IPO listing date?

What is the minimum investment required in M.K.Sons Fine Jewels IPO?

Join the discussion

M.K.Sons Fine Jewels IPO Details

About M.K.Sons Fine Jewels IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the M.K.Sons Fine Jewels IPO open and close?

What is M.K.Sons Fine Jewels IPO price band?

What is the M.K.Sons Fine Jewels IPO lot size?

What is the M.K.Sons Fine Jewels IPO allotment date?

What is the M.K.Sons Fine Jewels IPO listing date?

What is the minimum investment required in M.K.Sons Fine Jewels IPO?

Join the discussion