
Consumer Durables · NSE / BSE
M. K. Sons Fine Jewels Limited, incorporated in 2012, is a retail-focused jewellery company engaged in marketing and selling gold, diamond and Cubic Zirconia jewellery through its own showrooms. One of its promoters has been associated with the jewellery business since 1999 through a proprietorship concern that was subsequently merged into the company. It offers a diverse range of contemporary and bridal jewellery designs, emphasising craftsmanship, design quality and customer-focused collections. As of June 30, 2026, the company operated five showrooms across Mumbai and Ahmedabad, covering a total operational area of 6,513 square feet. Its product portfolio includes more than 19,442 stock-keeping units (SKUs) across rings, earrings, necklaces, bangles, bracelets and mangalsutras, organised into 11 curated collections catering to different price ranges and occasions. The company's gold jewellery complies with BIS Hallmark standards, while its diamond jewellery includes IGI and GIA certifications. All showrooms follow the Company-Owned, Company-Operated (COCO) model, providing direct control over retail operations and customer experience. Revenue increased from ₹2,173.23 million in Fiscal 2024 to ₹5,387.36 million in Fiscal 2026. Going forward, the company plans to expand its showroom network across Western India while continuing to prioritise product quality, craftsmanship and customer trust.
Price Band
₹153 – ₹162
Issue Size
₹275 Cr
Lot Size
91 shares
GMP
+3.4%
Est. Listing
₹167.5
at current GMP
Subscribed
4.97x
overall
Open
28 Oct 2026
Close
30 Oct 2026
Allotment
2 Nov 2026
Refund
3 Nov 2026
Demat Credit
4 Nov 2026
Listing
4 Nov 2026
Designated Registrar: Bigshare Services Private Limited
Allotment Date
2 Nov 2026
Basis finalization
Refunds Initiate
3 Nov 2026
Mandate release
Demat Credit
4 Nov 2026
Shares in demat
Listing Debut
4 Nov 2026
Trading begins
M.K.Sons Fine Jewels Limited is bringing an initial public offering (IPO) in the Consumer Durables sector with an aggregate issue size of ₹275.4 Crores. The shares are offered at a price band of ₹153 to ₹162 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-10-30, the basis of allotment is scheduled to be finalized on 2026-11-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.