MK.Sons Fine Jewels IPO Details
MK.Sons Fine Jewels IPO Summary
MK.Sons Fine Jewels IPO opens for subscription on 28 Oct 2026 and closes on 30 Oct 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 04 Nov 2026.
MK.Sons Fine Jewels IPO price band has been fixed at ₹153 – ₹162 per share. The face value is ₹10 per share with a lot size of 91.
MK.Sons Fine Jewels IPO total issue size comprises 1,70,00,000 shares (aggregating up to ₹275.40 Cr). This includes a fresh issue of 1,36,00,000 shares (aggregating up to ₹220.32 Cr). Offer for Sale consists of 34,00,000 shares (aggregating up to ₹55.08 Cr). Pre-issue shareholding stands at 4,26,90,760, which will increase to 5,62,90,760 post-issue.
MK.Sons Fine Jewels IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
MK.Sons Fine Jewels IPO Lot Size :Retail Minimum is 1 lot (91 shares) amounting to ₹14,742. Retail Maximum is 13 lots (1,183 shares) amounting to ₹1,91,646. SHNI Minimum is 14 lots (1,274 shares) amounting to ₹2,06,388. SHNI Maximum is 67 lots (6,097 shares) amounting to ₹9,87,714. BHNI Minimum is 68 lots (6,188 shares) amounting to ₹10,02,456.
MK.Sons Fine Jewels IPO Details
MK.Sons Fine Jewels IPO Dates
- 28 Oct 2026Opening dateOpen
- 30 Oct 2026Closing dateClose
- 02 Nov 2026Allotment Date Allotment
- 02 Nov 2026Initiation of RefundsRefund
- 02 Nov 2026Credit of SharesCredit
- 04 Nov 2026Listing dateListing
MK.Sons Fine Jewels IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 91 | ₹14,742 |
| Retail Maximum | 13 | 1183 | ₹1,91,646 |
| SHNI Minimum | 14 | 1274 | ₹2,06,388 |
| SHNI Maximum | 67 | 6097 | ₹9,87,714 |
| BHNI Minimum | 68 | 6188 | ₹10,02,456 |
MK.Sons Fine Jewels IPO Reservation
Promoter Holding
Documents
MK.Sons Fine Jewels IPO Valuations
MK.Sons Fine Jewels Financial Information
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 305.68 | 283.21 | 219.64 | 95.21 |
| Total Income | 101.45 | 538.86 | 351.32 | 217.40 |
| Profit After Tax | 15.02 | 51.80 | 23.26 | 8.17 |
| EBITDA | 23.42 | 82.94 | 38.57 | 12.87 |
| NET Worth | 183.04 | 168.01 | 116.21 | 22.27 |
| Reserves and Surplus | 140.35 | 125.32 | 107.70 | 17.79 |
| Total Borrowing | 70.52 | 68.44 | 68.93 | 38.64 |
| Amount in ₹ Crore | ||||
About MK.Sons Fine Jewels IPO
Incorporated in 2012, M. K. Sons Fine Jewels Ltd. is engaged in the retail sale of gold, diamond, and CZ jewellery through its showroom network across Mumbai and Ahmedabad.
The company offers rings, necklaces, bangles, earrings, bracelets, Mangalsutras, solitaires, bridal jewellery, and customised jewellery under multiple collections such as Pavitra, Rivaaz, Sitaare, NAQSH, Sunhere, and One & Only.
The company operates 5 retail showrooms across Maharashtra and Gujarat in high-footfall locations including Bandra, Andheri, Zaveri Bazaar, C.G. Road, and Sindhu Bhavan Road.
Its business model focuses on retail jewellery sales, customer-centric collections, customised jewellery offerings, and diversified designs across multiple price points. The company procures finished jewellery from third-party vendors across Western India.
As on June 30, 2026, the company offered more than 19,442 SKUs, including over 14,582 gold jewellery designs and 4,860 diamond and precious stone jewellery designs.
The company caters to bridal, festive, daily wear, and premium jewellery customers with BIS Hallmark-certified jewellery products.
As on September 30, 2026 the company had 148 permanent employees.
Strengths
- Diversified jewellery portfolio across 11 collections
- Strong regional presence in Mumbai and Ahmedabad
- Wide range of gold, diamond, and CZ jewellery
- Cluster-based showroom expansion strategy
- BIS Hallmark-certified jewellery products
- Experienced promoter with jewellery industry expertise since 1999
- Customer-focused retail and customised jewellery offerings
Strength Of MK.Sons Fine Jewels IPO
- Our multi-collection jewellery portfolio enables us to address varied consumer segments.
- Targeted marketing and promotion activities enabling increasing brand recall.
- Founder led company supported by professional management and leadership team.
- Commitment to quality and customer satisfaction.
- Strong Financial Results.
Risk Of MK.Sons Fine Jewels IPO
- A significant portion of our revenue comes from our showrooms in Gujarat, where our operations are heavily focused. In three-month period ended June 30, 2026 and Fiscal 2026, 2025 and 2024, our revenue from our Ahmedabad showrooms stood at Rs. 694.79 million, Rs. 3,661.58 million, Rs. 2,710.97 million and Rs. 1,625.36 million contributing to 68.49%, 67.97%, 77.17% and 74.79% of our total revenue from operations of the Company. If this region or the showrooms in Gujarat face any negative developments, it could harm our business performance, growth potential, financial health, and overall profitability.
- The Objects of the Offer for which the funds are being raised have not been appraised by any bank or financial institutions. Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.
- All of our revenue is derived from direct sales through our physical showrooms, and any adverse developments impacting these operations could negatively affect our revenue and results of operations.
- We have entered into related party transactions in the past and may continue to do so in the future, which may potentially involve conflicts of interest with other shareholders.
- Volatility in the prices and availability of gold, diamonds and other raw materials, along with dependence on third-party manufacturers for procurement, may adversely affect our business, results of operations, financial condition, cash flows and prospects
- We rely entirely on third party product manufacturers and Karigars for production and manufacturing of our products, none of whom work exclusively for us, exposing us to supply disruptions, quality risks and confidentiality concerns which may adversely affect our business, results of operations and financial condition.
- Our business is exposed to risks of fraud, theft, employee misconduct or negligence, and any failure to prevent or detect such incidents may materially and adversely affect our business, results of operations, cash flows and financial condition
- Our Company has experienced negative net cash flow from operating activities in the past Fiscals and may continue to do so in future, which could have a material adverse effect on our business, prospects, financial condition, cash flows and results of operations.
- Our business depends on adequate working capital to support our continued growth. If we are unable to maintain the working capital requirements, on favorable terms, it may harm our operations, financial stability, and profitability.
- All of our registered office, corporate offices and our showrooms are operated on premises which are taken on leave and license basis by our Company and any issues related to leave and license agreements renewal, unfavorable leave and license agreement terms, non-registration and inadequate stamping of agreements or property title disputes could negatively impact our business operations and financial performance.
Objectives MK.Sons Fine Jewels IPO
1. Funding expenditure towards setting up of 1 new showroom in Maharashtra (“New Showroom”) and expansion of existing showroom in Gujarat (“Expansion”)
2. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
3. General Corporate Purposes
Company Contact Details
1 & 2, A.N. Chambers Turner Road Bandra West
Mumbai, Maharashtra , 400050
Phone: 9920077788
Email: compliance@mkjewels.in
Website: https://www.mkjewels.in/
Registrar Contact Details
MK.Sons Fine Jewels FAQs
The MK.Sons Fine Jewels IPO is a MAINBOARD public issue comprising 17000000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹275.40 Cr. The issue price has been fixed at ₹162 per equity share, and the minimum application size is 91 shares.
The IPO opens for subscription on 28 Oct 2026, and closes on 30 Oct 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹0 (0%).
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