M. K. Sons Fine Jewels Limited logo

M. K. Sons Fine Jewels IPO: GMP, subscription and allotment status

MainboardBigshare ServicesOpens28 Oct

—Subscription opens 28 Oct

GMP
—
No GMP data
Est. listing
—
No estimate
Price band
₹153–162
Lot
91 shares
Min. ₹14,742

Allotment

Expected 2 Nov.

Allotment ~2 Nov

Dates

28 → 30 Oct · allot 2 Nov · list 4 Nov

Refunds on 2 Nov, shares in your demat account on 3 Nov.

Issue details

Segment
Mainboard
Face value
₹10
Issue type
Book build Issue
Fresh issue
₹275.40 Crores, 1,70,00,000 Equity Shares
Offer for sale
34,00,000 Equity Shares
Listing at
BSE, NSE
Registrar
Bigshare Services
NSE symbol
MKSONS

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 91 shares
₹14,742
Retail Maximum
13 lots, 1,183 shares
₹1,91,646
S-HNI Minimum
14 lots, 1,274 shares
₹2,06,388
S-HNI Maximum
67 lots, 6,097 shares
₹9,87,714
B-HNI Minimum
68 lots, 6,188 shares
₹10,02,456

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

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

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹101.45 Cr−81.2% on 2026

Profit, ₹ crore

₹15.02 Cr−71.0% on 2026

Assets, ₹ crore

₹305.68 Cr+7.9% on 2026

June 2026
Revenue ₹101.45
Profit ₹15.02
2026
Revenue ₹538.86
Profit ₹51.80
2025
Revenue ₹351.32
Profit ₹23.26
2024
Revenue ₹217.40
Profit ₹8.17

In ₹ crore, for the years the offer document reports.

ROE
8.20%
ROCE
10.26%
EBITDA Margin
23.09%
PAT Margin
14.80%
Debt to equity ratio
0.39
Earning Per Share (EPS)
₹12.13 (Basic)
Return on Net Worth (RoNW)
30.83%
Net Asset Value (NAV)
₹39.36

Listed peers

Motisons Jewellers Limited
P/E 27.78
EPS 0.65
Tribhovandas Bhimji Zaveri Limited
P/E 19.62
EPS 30.32
Senco Gold Limited
P/E 9.55
EPS 35.08
PNGS Reva Diamond Jewellery Limited
P/E 24.21
EPS 28.41

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
50%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Ramchand Murlidhar Raimalani, Neelam Ramchand Raimalani, and Kush Ramchand Raimalani
Promoter holding
100% before the IPO, 65.82% after
Lead managers
Aryaman Financial Services Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

When does M. K. Sons Fine Jewels IPO open and close?
Bidding runs from 28 October 2026 to 30 October 2026.
What is the M. K. Sons Fine Jewels IPO allotment date?
Allotment is expected on 2 November 2026.
When will M. K. Sons Fine Jewels IPO list?
Listing is expected on 4 November 2026.
What is the lot size and minimum investment for M. K. Sons Fine Jewels IPO?
One lot is 91 shares, so the minimum investment at the upper price of ₹162 is ₹14,742.
How do I check M. K. Sons Fine Jewels IPO allotment status?
Bigshare Services is the registrar. Once allotment is out, check it by PAN on the Bigshare Services website or right here.
M. K. Sons Fine Jewels IPO GMP & allotment status