
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
Overall Subscription
4.97x
Total Demand
QIB Multiplier
1.84x
Institutions & Funds
NII / HNI
14.04x
High Net-Worth
Retail (RII)
2.88x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,400,000 | 6,264,349 | 1.84x |
| NIB | 2,550,000 | 35,798,945 | 14.04x |
| HNIs(10L +) | 1,700,000 | 26,062,400 | 15.33x |
| HNIs (2-10L) | 850,000 | 9,736,545 | 11.45x |
| RETAIL | 5,950,000 | 17,113,096 | 2.88x |
| Total | 14,450,000 | 94,975,335 | 4.97x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 65,385 | 161,140 | 2.46x |
| HNIs(10L +) | 1,334 | 4,182 | 3.13x |
| HNIs (2-10L) | 667 | 7,452 | 11.17x |
| Total Applications | 67,386 | 172,774 | 2.56x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for M.K.Sons Fine Jewels Limited IPO is ₹5.5 per equity share. Based on the upper price band of ₹153 to ₹162 per equity share, the estimated listing price is ₹167.5 (+3.4% expected listing gain).
With a lot size of 91 shares and current GMP of ₹5.5, the expected profit per application lot is approx ₹500.5 (+3.4% gain). Minimum application cost is approx ₹14,742.
The M.K.Sons Fine Jewels Limited IPO aggregate issue size is ₹275.4 Crores with an equity price band set at ₹153 to ₹162 per equity share. The retail lot size is 91 shares requiring a minimum capital outlay of approx. ₹14,742.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.97x (Retail: 2.88x, QIB: 1.84x, NII: 14.04x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-11-02. Investors can verify status using PAN card or application number.
M.K.Sons Fine Jewels Limited shares are scheduled to list on NSE and BSE on 2026-11-04.