M. K. Sons Fine Jewels IPO: GMP, subscription and allotment status
—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.
Dates
28 → 30 Oct · allot 2 Nov · list 4 NovRefunds 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
- 91
- ₹14,742
- Retail Maximum
- 13 lots, 1,183 shares
- 1,183
- ₹1,91,646
- S-HNI Minimum
- 14 lots, 1,274 shares
- 1,274
- ₹2,06,388
- S-HNI Maximum
- 67 lots, 6,097 shares
- 6,097
- ₹9,87,714
- B-HNI Minimum
- 68 lots, 6,188 shares
- 6,188
- ₹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
₹101.45 Cr−81.2% on 2026
₹15.02 Cr−71.0% on 2026
₹305.68 Cr+7.9% on 2026
- June 2026
- Revenue ₹101.45
- Profit ₹15.02
- Assets ₹305.68
- 2026
- Revenue ₹538.86
- Profit ₹51.80
- Assets ₹283.21
- 2025
- Revenue ₹351.32
- Profit ₹23.26
- Assets ₹219.64
- 2024
- Revenue ₹217.40
- Profit ₹8.17
- Assets ₹95.21
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
- Return on net worth 12.77%
- Tribhovandas Bhimji Zaveri Limited
- P/E 19.62
- EPS 30.32
- Return on net worth 24.14%
- Senco Gold Limited
- P/E 9.55
- EPS 35.08
- Return on net worth 22.85%
- PNGS Reva Diamond Jewellery Limited
- P/E 24.21
- EPS 28.41
- Return on net worth 12.55%
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
- EAAA India Alternatives IPOOpens 26 Oct
- SFC Environmental Technologies IPOOpens 27 Oct
- BLS Polymers IPOOpens 27 Oct
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.