M.K.Sons Fine Jewels IPO

Upcoming Mainboard
Min Investment
₹14,742
91 Shares
Min Investment
₹14,742 · 91 Shares
Next: Bidding opens in 5 days (Oct 28)
Price Band ₹153–162
Lot Size 91 shares
Issue Size ₹330 Cr
Listing On BSE & NSE

Market Sentiment

GMP, subscription and the analysis score appear here once grey-market quotes and bidding begin. This section updates automatically.

IPO Details

Price Band₹153–162 per equity share
Face Value₹10 Per Equity Share
Lot Size 91 shares (Min ₹14,742)
Total Issue Size ₹330.48 crore
Fresh Issue₹275.40 crore
Offer For Sale₹55.08 crore
Fresh vs OFS
Fresh 83% · to the company OFS 17% · to selling shareholders
Issue TypeBook build Issue
Lead Manager Aryaman Financial Services Ltd.
Registrar Bigshare Services Pvt. Ltd.
PromotersRamchand Murlidhar Raimalani, Neelam Ramchand Raimalani, and Kush Ramchand Raimalani
Listing atBSE & NSE

IPO Reservation

Reservation details not available yet
This section updates automatically once data is available.

Market Lot Size

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

Return Estimator (GMP*)

91 shares
Min 1 lot Max 13 lots
₹
You invest ₹14,742 at ₹162/share
Est. listing value — GMP not available yet
Est. gain — Shows once GMP is reported
Allotment chance — Shows once bidding data is in

GMP (Rumour*) is unofficial grey-market data; the actual listing price may differ significantly. Allotment chance is an estimate from current subscription.

Financial Analysis

Financial Data

EPS (Pre)
₹12.13
ROE
8.20%
ROCE
10.26%
RoNW
30.83%
EBITDA Margin
23.09%
Debt/Equity
0.39
NAV/Share
₹39.36
Revenue Growth
53.38%
Profit Margin
9.61%

Financial Performance

2026 vs 2025 Revenue +53.4% Profit (PAT) +122.7% Total Assets +28.9%
Metric 2024 2025 2026 June 2026
Revenue 217.40 351.32 538.86 101.45
Expense 206.56 319.29 467.33 81.16
Profit (PAT) 8.17 23.26 51.80 15.02
Total Assets 95.21 219.64 283.21 305.68
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV Income
M.K.Sons Fine Jewels This IPO 12.13 - 30.83 39.36 -
Motisons Jewellers Limited 0.65 27.78 12.77 5.05 489.55 Cr
Tribhovandas Bhimji Zaveri Limited 30.32 19.62 24.14 125.60 3,202.95 Cr
Senco Gold Limited 35.08 9.55 22.85 153.45 8,430.03 Cr
PNGS Reva Diamond Jewellery Limited 28.41 24.21 12.55 162.53 439.03 Cr
Peer median P/E 21.9x across 4 listed peers

Strengths & Risks

Strengths
  • Revenue grew 53% in the latest reported year.
  • Solid profit margin — 9.6%.
  • Low leverage — debt/equity of 0.39.
  • Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risks & Concerns

Our data checks haven't flagged a specific concern for M.K.Sons Fine Jewels so far — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About M.K.Sons Fine Jewels

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.

Company Contact Information

M.K.Sons Fine Jewels Ltd., 1 & 2, A.N. Chambers, Turner Road, Bandra West, Mumbai, Maharashtra, 400050

Objects of the Issue

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

Resources & Documents

Anchor Investors

Anchor Bidding Date
October 27, 2026

M.K.Sons Fine Jewels IPO - Quick Take

M.K.Sons Fine Jewels has set a price band of Rs 153–Rs 162 per share for an issue size of Rs 330 crore. The Mainboard issue is scheduled to open for subscription on October 28, 2026 — 5 days from now.

The issue is promoted by Ramchand Murlidhar Raimalani, Neelam Ramchand Raimalani, and Kush Ramchand Raimalani with Aryaman Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards funding expenditure towards setting up of 1 new showroom in Maharashtra (“New Showroom”) and expansion of existing showr… (Rs 153 crore) and repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company (Rs 30 crore).

On fundamentals, the company is posting revenue growth of 53.4%, a profit margin of 9.6%, return on equity of 8.2% in its most recent reported period. Listed peers in this segment include Motisons Jewellers Limited (P/E 27.78x) and Tribhovandas Bhimji Zaveri Limited (P/E 19.62x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of M.K.Sons Fine Jewels IPO is Rs 153 to Rs 162 per share. Face value is Rs 10 per share.

The total issue size of M.K.Sons Fine Jewels IPO is Rs 330 crore, comprising fresh issue of Rs 275 crore and offer for sale (OFS) of Rs 55 crore.

The lot size of M.K.Sons Fine Jewels IPO is 91 shares. The minimum application is 1 lot (91 shares), requiring an investment of Rs 14,742. Maximum retail application is 13 lots (1,183 shares, approx Rs 1,91,646).

M.K.Sons Fine Jewels IPO opens for subscription on October 28, 2026 and closes on October 30, 2026. Anchor investor bidding is scheduled for October 27, 2026.

The expected allotment date for M.K.Sons Fine Jewels IPO is November 02, 2026. Refunds for unsuccessful applicants are expected on November 02, 2026. Shares are scheduled to be credited to demat accounts on November 03, 2026.

M.K.Sons Fine Jewels IPO is scheduled to list on November 04, 2026 on both BSE and NSE.

The registrar for M.K.Sons Fine Jewels IPO is Bigshare Services Pvt. Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for M.K.Sons Fine Jewels IPO are Aryaman Financial Services Ltd.

The promoter(s) of M.K.Sons Fine Jewels are Ramchand Murlidhar Raimalani, Neelam Ramchand Raimalani, and Kush Ramchand Raimalani.

You can apply for M.K.Sons Fine Jewels IPO online before 30 Oct 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 14,742 for 1 lot (91 shares). Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for M.K.Sons Fine Jewels in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 91 shares each) and bid at the cut-off price, so your bid stays valid wherever in the band the final price is set. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

The full breakdown is on this page, and our How We Score IPOs guide explains the method. This is a summary of public data, not investment advice or a recommendation to apply. Read the RHP and consult a SEBI-registered investment adviser before investing.

M.K.Sons Fine Jewels IPO GMP — What It Means

No active grey market premium has been recorded for M.K.Sons Fine Jewels IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full M.K.Sons Fine Jewels GMP history and trend, or learn how grey market premium works and how reliable it is.

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